In an update to a story from earlier this week about methane contamination of three water wells in Franklin Township, PA (see this MDN story), WPX Energy has now installed venting systems on those three homes per the request from the PA Department of Environmental Protection.
The question of how much recoverable gas there is in the Marcellus will likely be a topic of debate for some years. In 2009, Penn State geosciences professor Dr. Terry Engelder estimated there’s around 489 trillion cubic feet of gas—the largest amount of recoverable gas of any shale play in the U.S. But in January of this year, the U.S. Energy Information Administration (EIA), the authoritative voice of the government for such data, estimated that the Marcellus has around 141 trillion cubic feet of recoverable gas total.
Who’s right? We have two new reports presented at a research conference on Monday at Penn State University which confirm Dr. Engelder’s original estimate:
Antero Resources released 2011 operating and financial results yesterday. Below are portions from their statement that are relevant to the Marcellus Shale:
Penn State Cooperative Extension recently published a new fact sheet with results and conclusions from a survey of 940 school districts about Marcellus Shale gas development and what it means for Pennsylvania’s schools (a copy is embedded below). So far, in areas with a lot of drilling, there’s been little in the way of new revenue for local schools, although those areas have benefited economically in general. Some respondents expressed concern about drop-out rates increasing as students leave to take advantage of high-paying jobs. Road damage and traffic congestion are also problems in some areas affecting school buses. But it’s not all bad news for schools.
Last week, Chesapeake Energy announced it was partnering with M3 Midstream and EV Energy Partners to build a new $900 million gas processing complex in Ohio’s Harrison and Columbiana counties by the middle of next year (see this MDN story). At an industry conference this week, Chesapeake and its partners spoke about the pipelines they will run to the plants and between the plants:
News from Hart Energy’s Marcellus Midstream Conference that was held in Pittsburgh earlier this week—a prediction about the future of compressed natural gas (CNG) vehicles:
The “best of the rest” – stories that caught MDN’s eye that you may be interested in reading: