Developed

West Virginia lawmakers have drafted revised rules and fees for Marcellus Shale drillers that could hike drilling and license fees by thousands of dollars.

In the second biggest natural gas market in the United States, California energy officials have kept a keen eye fixed on shale gas, and their revised energy plans and forecasts next year and beyond will reflect a greater impact from North America’s energy game-changer, the author of the California Energy Commission’s (CEC) latest report on shale gas told NGI during an interview this week.

It might seem that the Eagle Ford and Marcellus shales are being developed at breakneck speed, but it’s important to remember that these are the early days in two resource plays that will be natural gas breadbaskets for the nation in the decades to come.

It might seem that the Eagle Ford and Marcellus shales are being developed at breakneck speed, but it’s important to remember that these are the early days in two resource plays that will be natural gas breadbaskets for the nation in the decades to come.

Proposed regulations that may determine how portions of the Marcellus Shale are developed by natural gas drillers have been delayed until the middle of October by the Delaware River Basin Commission (DRBC).

Natural gas demand in developed economies won’t return to 2008 levels until at least 2012, with liquefied natural gas (LNG) capacity growth and the North American shale “revolutions” threatening to temper demand longer, the International Energy Agency (IEA) said last Wednesday.

Natural gas demand in developed economies won’t return to 2008 levels until at least 2012, with liquefied natural gas (LNG) capacity growth and the North American shale “revolutions” threatening to temper demand longer, the International Energy Agency (IEA) said Wednesday.

“Fully developed, the Marcellus Shale has the potential to be the second largest natural gas field in the world,” after the South Pars/Asalouyeh field in Iran and Qatar, according to a report, “The Economic Impacts of the Pennsylvania Marcellus Shale Natural Gas Play: An Update,” released last Tuesday by three professors of the Pennsylvania State University College of Earth and Mineral Sciences.

“Fully developed, the Marcellus Shale has the potential to be the second largest natural gas field in the world,” after the South Pars/Asalouyeh field in Iran and Qatar, according to a report, “The Economic Impacts of the Pennsylvania Marcellus Shale Natural Gas Play: An Update,” released Tuesday by three professors of the Pennsylvania State University College of Earth and Mineral Sciences.