Canada’s Duvernay Shale has the potential to become one of the “most attractive liquids-rich plays” in North America, according to Wood Mackenzie analysts, who point to ExxonMobil Corp.’s decision this month to pay $3.1 billion for one of the play’s biggest developers as affirmation.
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Shell: Ohio, Pennsylvania, West Virginia Are Cracker Finalists
Royal Dutch Shell said it expects to decide by the end of the year where it will build a “world-scale” ethylene cracker in the Marcellus Shale region, and it said the three states where it is considering construction of the facility are Ohio, Pennsylvania and West Virginia.
September 7, 2011