Databook Vol. 3: Marcellus Well Decline Rates, Waste Facilities & More
MDN is extremely proud to announce the release of the Marcellus and Utica Shale Databook 2013, Volume 3, covering permits and happenings in northeast shale drilling from September to December 2013. Make no mistake, we are blowing the trumpet and blowing it loud. In this volume is something totally unique and extremely important: a new section on Marcellus shale well decline rates. That is, we tackle the topic of quickly, and how much, does production for the average Marcellus shale well taper off. Just as important, how much will the average well produce over it’s lifetime, and how long is that lifetime? Based on data from more than 3,700 Marcellus wells, two experts have written and contributed this new section for the Databook–and you need it if you need reliable, accurate information on what to expect in the way of production (and royalties) for a Marcellus well.
In addition, we have compiled a directory of the 150+ shale waste processing facilities–for both wastewater and drill cuttings–most used by Marcellus and Utica Shale drillers. We give you the list sorted two ways: by geography and by facility type (centralized recycling center, injection well, landfill). As always, the heart of the Databook is a series of maps–one for each county in the northeast with active shale drilling–showing where permits were issued for the last four months of 2013. These maps are your guide to where drilling either has already begun–or soon will. Here’s the press release MDN and partner ShaleNavigator issued this morning about the newly release Databook:
Marcellus Drilling News and ShaleNavigator announce the release of Volume 3 of the 2013 Marcellus and Utica Shale Databook–an ongoing series of in-depth research reports designed for those with a stake in natural gas and oil drilling and associated activities, in the Marcellus and Utica Shale Plays.
The new edition (Volume 3) 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, Sept-Dec 2013. Each Databook volume also contains a special drilling update that analyzes trends for the previous four months, and updates on recent regulations and legislative actions.
Volume 3 of the Databook includes a first-ever: A new formula to provide a reasonable range for ultimate recovery, decline modeling, and royalty estimation for wells in the Marcellus. The production and decline models were created based on thousands of horizontal shale well production data points, and offers a tremendous resource for accurate estimation of recovery, decline modeling, and royalty estimation for the Marcellus.
Also new for Volume 3 is a comprehensive list of waste disposal facilities for frack waste in the Marcellus and Utica Shale region. 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 3, 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 maps 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.
Who can benefit from the Databook…
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 maps generated from ShaleNavigator. With Volume 2’s list of midstream and infrastructure projects, in addition to opportunities with drillers, supply chain companies now have a 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 know 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 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.
All three Volumes of the Databook is available for download now. To preview and order, visit: //marcellusdrilling.com/databook.*
*Marcellus Drilling News & ShaleNavigator (Feb 17, 2014) – ShaleNavigator Announces Marcellus & Utica Databook Release