MDN’s 2013 Databook Vol 2 Finds Staggering $40B in NE Midstream Projects
Marcellus Drilling News collaborates with the excellent ShaleNavigator service to publish a series of research reports called the Marcellus and Utica Shale Databook. MDN editor Jim Willis is super excited to announce that Volume 2 for the 2013 Databook series has just been released–and it is without question our best-ever. Among the pearls in this newest edition: Jim researched and developed a comprehensive list of 111 Marcellus/Utica Shale midstream and infrastructure projects which identifies the company building the project, a description of the project and its location, the amount of investment expected in the project and the target in-service date. Most of the midstream projects are pipeline and processing plants–no surprise there. What may surprise you is that when all of the projects are totaled, the number is a staggering $40 billion of investment coming to the northeastern U.S. in the coming years. The average project comes in at $364 million.
In addition to a comprehensive list of midstream projects, we also include (standard in each volume) maps for each county with active drilling/permitting activity in PA, OH and WV. Each map shows the location of wells with permits along with the driller’s name. In addition, Vol. 2 of the Databook contains charts showing how many permits have been issued by both driller and county from 2012 to 2013–showing the progression over the past two years. These charts are an important tool that can be used to identify the drillers and geographies where drilling is heating up, cooling down, or staying steady. It is a Databook first and the Databook is the only place where you’ll find it.
Here’s the press release we released today announcing this latest (we believe our best yet) Databook, Volume 2:
Marcellus Drilling News and ShaleNavigator announce the release of Volume 2 of the 2013 Marcellus and Utica Shale Databook–an ongoing series of in-depth research reports designed for those with an interest in natural gas and oil drilling and associated activities, including the midstream, in the Marcellus and Utica Shale region.
The new edition (Volume 2) of the Databook contains a series of maps for each county with active drilling throughout Pennsylvania, Ohio and West Virginia. Each county map displays the location of wells with permits for the preceding four months, May-August 2013. Each volume also contains a special drilling update that analyzes trends for the previous four months, and an update on recent regulations and legislative actions.
Volume 2 of the Databook includes a first-ever: The most comprehensive and authoritative list of midstream and infrastructure projects planned for the Marcellus and Utica Shale region in existence—a staggering 111 major multi-million dollar projects which total a commitment to invest over $40 billion in the coming years in the northeastern U.S. The list identifies the company building the project, the cost (either announced or in some cases our own estimate), a description of the project and where it is located, and the target in-service date. In addition, a directory of midstream/infrastructure companies is included with contact details (phone numbers, physical mailing address). The cost for the average midstream infrastructure project in the list is $364 million.
Also new for Volume 2 is a series of charts showing the name of each active driller in the Marcellus and/or Utica and the number of permits issued to that driller during 2012 and 2013 to date. The data is also “sliced” to show permits issued by county, giving users the ability to see where drilling is increasing or decreasing based on permits issued, and which drillers are becoming more or less active, based on permits issued. It is a unique and innovative tool available only in the Databook.
About the Databook Publication
The 2013 Marcellus and Utica Shale Databook is a 3-volume set available in electronic format (PDF) only. With Volume 2, the first two editions are now available for immediate download. Volume 1 shows maps reflecting activity for Jan-Apr 2013. Volume 2 shows activity for May-Aug 2013, and Volume 3 will show activity for Sep-Dec 2013. Each volume includes new sections not found in the others. The three volumes work together, Volume 1 as the foundation, Volume 2 as a mid-year update on where the latest activity has taken place, and Volume 3 showing the latest activity for year-end.
The Databook is Created for…
The Databook was created first and foremost for companies in the shale energy supply chain. Each edition pinpoints where drilling is heating up and where it’s cooling down, based on permits issued. With Volume 2’s list of midstream and infrastructure projects, in addition to opportunities with drillers, supply chain companies now have a handy guide of midstream projects they may want to consider becoming a supplier for. That is, the Databook presents supply chain companies with an “opportunities” list.
Midstream and infrastructure companies will find the Databook an indispensable resource. It is a handy reference to what your competitors are planning, and what your customers (drillers) will need–and where they’ll need it.
Drillers (“producers” in industry parlance) will also want to know what capabilities are coming soon with new infrastructure buildout—where it’s coming, and when. This edition helps answer those vitally important questions.
Government officials will be interested in knowing where and when drilling and midstream projects will be heating up—especially those in their geography or region. With drilling and infrastructure comes an enormous amount of locally invested money and jobs–but along with it also comes challenges, like increased truck traffic, and packed hotel rooms. The Databook can help government officials forecast what’s coming soon.
Law firms are a big buyer of the Databook, and for good reason. The information helps law firms know when to expect an uptick in demand for their services—and which companies to talk to about those services. Each well drilled and each midstream/infrastructure project launched contains mountains of legal work—from securing real estate, leases and easements—to labor law, compliance and a host of other legal issues. No law firm with an energy practice should be without the Databook.
Volume 2 of the Databook is available for download now. For more information or to order, visit: //marcellusdrilling.com/databook.