Shale Play Development in the US Poised to Decrease Need for Russia’s Natural Gas Supply Hydraulic fracturing, or fracking, is an extraction technique for oil and natural gas that has created opportunities for producers in the United States to become major players in world politics. Using vertical rigs, oil and natural gas pockets in shale plays were primarily unrecoverable. With fracking, though, extraction has been so successful in areas such as the Bakken, Eagle Ford and Marcellus Shale regions that the United States has become one of the leading oil and natural gas producers in the world. This has been a critical political factor in the United States as the boom has helped to ease the effects of the recession and start back up the path toward a healthy economy. Most European nations have banned fracking due to concern over environmental concerns that the process could affect water supplies. These bans have created a heavy dependence on the natural gas provided by Russia. With
The Marcellus Shale natural gas formation remains at the center of fundamental changes to pipeline infrastructure east of the Mississippi River, as operators send more domestic gas to East Coast markets. Three of the region s major interstate gas pipelines — Williams Cos. Transcontinental Pipeline, Kinder Morgan s Tennessee Gas Pipeline and Spectra Energy s Texas Eastern Transmission — have been debottlenecking their networks in the East as gas production has increased. The Marcellus is producing about 15 billion cubic feet a day, a lightning increase since 2007 when the shale formation produced about 1.2 bcf a day. Consequently, these eastern pipelines enjoy the best organic growth opportunities in North America, according to Moody s Investors Service, as they develop the next round of projects that will take Marcellus gas to new markets further afield to the North, West, and South — a reversal of how gas has traditionally flowed east of the Mississippi. Thank you Energy Wire.
Christiane “Chris” Schmenk of Bricker & Eckler Attorneys at Law in Columbus will be the luncheon speaker on June 11 at Midstream Ohio 2014, a Canton Regional Chamber of Commerce seminar, part of the Chamber’s 2014 Utica Capital Series Presented by Huntington Bank. Ohio has seen nearly $19 billion in new investment due to the Utica Shale exploration, according to Bricker & Eckler, a business law firm with offices in Columbus, Cleveland, Marietta and the Cincinnati-Dayton area. Its report on Utica investments generated news stories across the state in early April. As Crain’s Cleveland Business reported, the sum may be conservative, because the law firm listed several projects and investments for which the value has not been reported. The projects ranged from midstream infrastructure work involving companies with local offices such as Caiman Energy (Blue Racer partnership) and Access Midstream (Utica East Ohio Midstream partnership), to manufacturing investment such as The Timken
The Marcellus and Utica Shale region extends beneath Pennsylvania, Ohio, West Virginia and New York, and companies are currently fracking and pumping natural gas from both regions at an unprecedented rate. This level of production has the potential to boost the nation’s economy and lessen foreign dependence on energy sources if energy companies can work out the complications that have cropped up in the processes of getting the products from the ground to the consumer. On the production end, companies are creating new technologies that will only bring an increase in the supply. Production is only one piece of the puzzle when it comes to natural gas. The natural gas being pumped from the shale regions is not a single element but a mix of compounds that also include propane and ethane, two liquid fuels that have their place in the market. Processing the compounds and separating them so that they can be sent to their respective marketplaces is a “problem” that energy suppliers must
ShaleDirectories.com, the leading online directory for the Marcellus and Utica, is now offering online directories for the Bakken, Eagle Ford, Permian Basin and Niobrara Shale plays. ShaleDirectories.com has been very successful in helping its members connect with oil and gas industry companies. The company looks to build on this success as these four major shale plays continues to expand and need more local resources. Shale plays are beginning to mature and the decision-making across the shale plays is becoming centralized. ShaleDirectories.com’s expansion is being responsive to the industry trend. As the industry consolidates, more companies from Pennsylvania and Ohio are opening offices in Texas and Oklahoma at the request of oil and gas companies. “Some of our members will be opening offices in Texas in the next couples of months,” commented Joe Barone, President, Shale Directories. “Our expansion will provide greater exposure for our members in an industry which is
The natural gas processing infrastructure already built by some midstream companies in the Marcellus and Utica shale regions to date has cost about $10 billion. This infrastructure is already inadequate to meet supply even without figuring in the forecasts of the output likely from these regions. Midstream companies such as Blue Racer plan to double their processing capacity over the next 10 years so that they will be able to meet the demand. Already this demand is high enough that some wells in the Utica shale region are not in production because current pipeline infrastructure is insufficient. Some estimate that at least another $30 billion will need to be spent on infrastructure development to meet the supply. This is because the gas produced in the Marcellus and Utica Shale region contains natural gas liquids with the dry methane. The gas requires processing and fractionation in order for individual marketing of the products. Stripping the ethane, propane and other liquids from th
Canonsburg, PA, May 13, 2014: Dawood Engineering, Inc. (Dawood) is proud to announce that Mary Anna Babich, Director of Environmental Services, was honored by the Washington County Chamber as a finalist for the 2014 ATHENA Awards at a luncheon on May 9, 2014. The ATHENA Award is presented to a Washington County individual who has achieved a high degree of professional excellence, assisted women to develop their full potential by opening up leadership opportunities and whose body of work has made a significant impact on Washington County. Additionally, Mary Anna Babich was appointed to the Pennsylvania Independent Oil and Gas Association (PIOGA) Board of Directors. Mary Anna, who is also Vice-President and President-elect of the Women’s Energy Network (WEN) Appalachia Chapter, will be a voting member of the Executive Board and will serve a 3-year term. “We are proud of Mary Anna for receiving this recognition by the Chamber. Additionally, her appointment to the PIOGA Board is jus