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  • Permit Activity.
     
    • PA – 38 permits; a few E&P companies taking large amounts of permits in Bradford, Lycoming, Sullivan, Susquehanna and Washington counties
    • OH –14 permits; Eclipse getting active in Harrison County
  • The 2013 Northeast Oil & Gas Awards Finalists are announced

    With an unprecedented number of entries received for the Northeast region in the Oil & Gas Awards this year, the organizers are pleased to announce the finalist companies selected by the judges as best in class for the Northeast region.

    The Oil & Gas Awards will be holding the “Conference for Excellence” during the day of the gala dinner. The Conference for Excellence will provide a fantastic opportunity for selected finalists to speak on matters important to their business and to the industry. Professionals attending the conference will have further opportunity to network with other finalists and listen to the wide variety of keynote speeches from leaders in the market. There will also be the chance to contribute to panel debates on key topics. Should you wish to attend the conference and dinner, click on the link below.

    LINK: http://www.oilandgasawards.com/2013-finalists/


    cintAs Logo.jpg

    Free Oil and Gas Safety Workshop
    Hosted by Cintas, Bulwark and ShaleDirectories.com

    At the workshop, you will learn:
    • What OSHA looks for when conducting a flash fire safety inspection
    • The key compliance elements and what not to forget
    • What you need to protect your employees
    • How to build a Managed FRC Program
    • Make plans to attend today! Learn more and register at

www.cintas.com/flashfireworkshop

Latest facts and a rumor from the Marcellus and Utica Shale
 

  • Nat Gas around $4.50. Yesterday, Nat Gas was around $4.50 down from $6.42 on Monday morning. Nat Gas traders on Wall Street call trading in Nat Gas the “widow maker.” After this week, you can see why.

    An E&P manager told me to hope for a very short spring and very hot summer to keep prices up.
     
  • THE REAL KEYSTONE PIPELINE. Due to plentiful natural gas from the Marcellus Shale in northern Pennsylvania, the Transco Interstate pipeline is at capacity, so its owner is planning a major expansion that includes new pipeline in the Back Mountain and Ricketts Glen area.

    Tulsa, Okla.-based Williams Companies, which owns the Transco, is planning the $2 billion to $3 billion Atlantic Sunrise project, which involves laying 177 miles of new pipeline, with the goal of having the project in service by 2017.

    "We just announced this, so we're kind of in the very preliminary stages of the project," said Chris Stockton of Williams' Houston office.

    He said one new pipeline would start in Lenox Township in southeast Susquehanna County, run through Wyoming County and connect to the Transco in Luzerne County, at a point to be determined.

    Stockton said another part of the project involves laying new pipeline in Luzerne County. Although he said he couldn't say for certain whether they would be affected, the municipalities Williams is looking at are Dallas, Lake, Lehman, Ross and Fairmount townships.

    Williams will start with a study, surveying a wide corridor to find the best possible location for the pipeline, Stockton said. He said the company will be "gathering a lot more information than we actually need," to determine the best location to site specific facilities.
     
  • Talisman is coming back to PA. From all the rumors that I hear, it looks like Talisman is returning to PA in big way. I have not heard any rig count numbers, but the company is very visible in the Northern Tier. (RUMOR)
     
  • Carrizo is getting good results in Guernsey County, OH. S.P. "Chip" Johnson, IV, Carrizo’s President and CEO stated, "We continue to be very pleased with the performance of our initial Utica Shale well in Guernsey County, Ohio. The well has been producing for approximately 48 days, and continues to flow at a stabilized rate of more than 500 Bbls/d of condensate, which puts it above our type curve. We plan to move a rig into the Utica next month to begin our 2014 drilling program in the play."
     
  • Could Noble County be the next hot OH County? Landowners getting tempting mineral offers in Noble County, OH $9500 per acre. (RUMOR)
     
  • OH County commissioners like drilling. County commissioners were most happy, with 81% reporting that shale drilling was impacting their communities in a positive way, compared to 12.5% who reported a negative impact from the shale industry.
     
  • Stone Edge Update. Looks like continued drilling in the Marcellus with expanding drilling in the Utica and Upper Devonian.
    • Marcellus Shale (Drilling Program Update). Stone drilled 7 Marcellus shale wells during the fourth quarter of 2013, bringing the total for the full year 2013 to 30 wells, and also completed 30 wells in 2013. In 2014, Stone expects to drill 28 to 32 wells and to complete 30 to 34 wells in the Marcellus shale.
    • Utica Shale Test. Stone expects to spud a Utica shale test well late in the second quarter of 2014 on its existing acreage in the Mary Field in West Virginia with the completion and testing expected later in the year.
    • Marcellus Shale (Production Update). During the fourth quarter of 2013, Stone averaged approximately 90 MMcfe per day (63 MMcf per day of gas and 4,800 barrels per day of liquids) from Stone's Marcellus shale position. During the fourth quarter of 2013, 10 new wells in the Mary field and 2 wells in the Heather field were brought online. Stone expects to bring an additional two wells in the Heather field online during the first quarter of 2014.
    • Upper Devonian Shale. Stone began testing a 2,450 foot lateral Upper Devonian test well in the Mary field during the fourth quarter of 2013. Results to date have been inconclusive as additional flow, pressure and well interference data over time is needed.
       
  • Range going after dry gas in the Utica. Range discussed its plans to break ground on dry gas Utica shale well in Washington County, Point Pleasant, during the next few months.
     
  • MarkWest expanding Seneca Complex. MarkWest Utica EMG is announcing the expansion of the Seneca complex with a new 200 million cubic feet per day (MMcf/d) processing plant. The plant is anchored by a new agreement with Antero Resources Corporation supporting its expanding Utica development plans. The Seneca IV plant is scheduled to commence operations in the first quarter of 2015 and will expand total processing capacity of the complex to 800 MMcf/d.
     
  • PDC upbeat about the Utica. PDC targets more than 200 projects for drilling in the Utica shale play, which is the company’s main focus for 2014, along with the Wattenberg in Colorado.

    PDC is still a minor player in the Utica play, with just 17 drilling permits in Ohio out of 1,074.

Rig Count
 

  • Baker Hughes Rigs count for the February 21st reporting week.
     
    • PA Marcellus 52 rigs – up
    • PA Utica 2 rigs – down
    • Ohio Utica 39 rigs – down 1
    • WV Marcellus 30 rigs – unchanged


PA Permits for Feb 20, to Feb 27, 2014

County Township E&P Company
1. Bradford Wilmot Chesapeake
2. Bradford Wilmot Chesapeake
3. Bradford Wilmot Chesapeake
4. Bradford Wilmot Chesapeake
5. Bradford Wilmot Chesapeake
6. Bradford Wilmot Chesapeake
7. Greene Dunkard Chevron
8. Greene Dunkard Chevron
9. Lycoming Cummings PA Gen Energy
10. Lycoming Cummings PA Gen Energy
11. Lycoming Cummings PA Gen Energy
12. Lycoming Cummings PA Gen Energy
13. Lycoming Cummings PA Gen Energy
14. Lycoming Upper Fairfield Inflection Energy
15. Sullivan Cherry Chief
16. Sullivan Cherry Chief
17. Sullivan Cherry Chief
18. Sullivan Cherry Chief
19. Sullivan Fox Chief
20. Sullivan Fox Chief
21. Sullivan Fox Chief
22. Sullivan Fox Chief
23. Sullivan Fox Chief
24. Sullivan Fox Chief
25. Susquehanna Great Bend Cabot
26. Susquehanna Jackson Cabot
27. Susquehanna Jackson Cabot
28. Susquehanna Jackson Cabot
29. Susquehanna Lathrop Cabot
30. Susquehanna Lathrop Cabot
31. Susquehanna Lathrop Cabot
32. Tioga Blossburg Boro Seneca
33. Washington West Pike Run Rice
34. Washington West Pike Run Rice
35. Washington West Pike Run Rice
36. Washington West Pike Run Rice
37. Washington West Pike Run Rice
38. Washington West Pike Run Rice


OH Permits – week ending February 22, 2014

County Township E&P Companies

1. Belmont Smith Hess
2. Carroll Perry Chesapeake
3. Carroll Perry Chesapeake
4. Columbiana Butler Chesapeake
5. Columbiana Butler Chesapeake
6. Guernsey Wills American En. Utica
7. Harrison Stock Eclipse
8. Harrison Stock Eclipse
9. Harrison Stock Eclipse
10. Harrison Stock Eclipse
11. Harrison Stock Eclipse
12. Harrison Stock Eclipse
13. Harrison North Chesapeake
14. Monroe Seneca Antero

Take advantage of the bullish outlook and become a member in ShaleDirectories.com now and secure your budget for membership in 2014.
Put your 2014 marketing dollars to work with ShaleDirectories.com; the place where the Oil&Gas industry seeks viable partners.


Joe Barone jbarone@shaledirectories.com 610.764.1232
Vera Anderson vera@shaledirectories.com 570.337.7149
Andrea Bagnell andrea@shaledirectories.com 610.256.1898

 

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