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Norse Pulling Out of New York; Puts Leasehold Up For Sale

Less than three months ago, Norse Energy Corp. ASA was the first company in line seeking permission to drill unconventional gas wells in New York’s portion of the Marcellus and Utica shales.

October 25, 2011

Bakken Shale Pushing North Dakota Oil Production Higher

Riding the Bakken shale rush, North Dakota appears in a good position to jump up to the second biggest oil producing state in the nation behind only Texas. If the upper Midwest state achieves that status next year as expected, it would leapfrog over both Alaska and California, something that would have been unthinkable five years ago.

October 18, 2011

Marcellus Production Surge Driving a Wedge in Prices

Making good on its comparisons to Saudi Arabia in terms of natural energy resources, the Marcellus Shale has been making its heft felt on the Northeast region’s pipelines, wreaking havoc with traditional basis on lines such as Tennessee Gas Pipeline.

September 12, 2011

Marcellus Production Surge Driving a Wedge in Prices

Making good on its comparisons to Saudi Arabia in terms of natural energy resources, the Marcellus Shale has been making its heft felt on the Northeast region’s pipelines, wreaking havoc with traditional basis on lines such as Tennessee Gas Pipeline.

September 7, 2011

Burgeoning Marcellus Production Widens Price Differential

Making good on its comparisons to Saudi Arabia in terms of natural energy resources, the Marcellus Shale has been making its heft felt on the Northeast region’s pipelines, wreaking havoc with traditional basis on lines such as Tennessee Gas Pipeline.

September 7, 2011

Heinz Endowment Seeks New Home for FracTracker

The Heinz Endowment is looking for another university or entity to host and develop its Marcellus Shale research programs after an apparent falling out with the University of Pittsburgh.

September 2, 2011

Geologists Preach Caution on Utica Shale

The natural gas industry is more bullish about the Utica Shale than ever before, but several geologists remain skeptical until more data is publicly available about the play.

August 24, 2011

Marcellus Overwhelms Tennessee: This Too Shall Pass, Says Producer

For the time being at least, Marcellus Shale producers are paying the price for too much of a good thing. Concentrated development in the nation’s preeminent shale gas play has made for basis-inverting constraints on Tennessee Gas Pipeline. However, the industry has seen this sort of thing before (in the Rockies more than once, for instance), and the market will work it out, eventually, a Marcellus producer told NGI.

July 25, 2011

Marcellus Overwhelms Tennessee: This Too Shall Pass, Says Producer

For the time being at least, Marcellus Shale producers are paying the price for too much of a good thing. Concentrated development in the nation’s preeminent shale gas play has made for basis-inverting constraints on Tennessee Gas Pipeline. However, the industry has seen this sort of thing before (in the Rockies more than once, for instance), and the market will work it out, eventually, a Marcellus producer told NGI.

July 21, 2011

Producer Expects Marcellus Pipe Constraints to Lessen, Eventually

For the time being at least, Marcellus Shale producers are paying the price for too much of a good thing. Concentrated development in the nation’s preeminent shale gas play has made for basis-inverting constraints on Tennessee Gas Pipeline. However, the industry has seen this sort of thing before (in the Rockies more than once, for instance), and the market will work it out, eventually, a Marcellus producer told NGI’s Shale Daily.

July 21, 2011
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