Range’s Wet Gas Drilling Location & Dry Gas Drilling Timeline
The talk coming from the largest drillers in the Marcellus Shale is that they will scale back drilling activities in the dry (methane only) portions of the Marcellus Shale play and instead focus on the wet (liquids-rich) portion.
Ever wonder where, exactly, the liquids-rich area can be found? We now know where it is for Range Resources, one of the largest drillers in Pennsylvania. We also have an estimate of how long drilling in the dry gas portion of the Marcellus may be pushed back for Range due to low prices for natural gas.
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Last September, Dominion Resources filed an application with the Department of Energy (DOE) to begin exporting liquefied natural gas from its Cove Point terminal in Maryland—up to 1 billion cubic feet of gas per day (
Less than 24 hours after President Obama called for full disclosure of chemicals used in hydraulic fracturing, the drilling industry held its first public meeting to roll out
Last night, President Barack Obama delivered his State of the Union address to Congress. Energy and natural gas played a big role in the speech. In particular, Obama acknowledges the jobs-generating power of natural gas drilling, saying it can generate 600,000 jobs by the end of this decade. He also mandated a requirement that gas drillers on public lands disclose the chemicals they use. (Disclosing fracking chemicals is already the law in five states and mostly enforced in a sixth—