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Production from 4 Marcellus Drillers Keeps U.S. NatGas Prices Low
An article on the investor website The Motley Fool does a good job of putting into context the enormous importance of the Marcellus Shale. According to the article, even though production from other major U.S. shale plays like the Haynesville has fallen in recent years, Marcellus production is up so dramatically it single-handedly keeps the price of natural gas low in this country.
The article (read it below) also gives a quick roundup of four key drillers driving the success of the Marcellus…
Read More “Production from 4 Marcellus Drillers Keeps U.S. NatGas Prices Low”
An Ohio Oil and Gas Association (OOGA) representative told attendees at the YOUNG 2013 conference held this week in Youngstown that counties in southeastern Ohio are the “sweet spot” of the Utica Shale play because the pressure there is higher and because the shale layer includes an abundance of natural gas liquids. However, another speaker–an executive from CONSOL Energy–said counties in northeastern Ohio will continue to see successful drilling too. So don’t despair!
In November 2012, the day after the general election, MDN asked the question if Pennsylvania’s newly elected anti-drilling attorney general, Kathleen Kane, would target the Marcellus Shale drilling industry (see