The Marcellus Shale holds about $90 billion of remaining value, and the top 20 operators working in the play are expected to drill 25,000 wells there through 2035 at a cost of nearly $110 billion, according to research by the energy consulting firm Wood Mackenzie.
Mackenzie
Articles from Mackenzie
Canada’s Canol Shale Open for Fracking
A fresh frontier for shale drilling is opening up in Canada’s Northwest Territories, a new well approval by the National Energy Board (NEB) has confirmed.
November 1, 2013
Canol Shale Exploration Drawing Nearer
A new frontier is opening for shale drilling and hydraulic fracturing on a sub-arctic landscape of forests, muskeg swamps and permafrost 2,000 kilometers (1,200 miles) north of the border between western Canada and the United States.
September 3, 2013
Cornell Researchers Maintain Shale Gas Unsuitable as Bridge Fuel
In a paper released Thursday, researchers from Cornell University firmly stood by an earlier claim that shale gas has a larger greenhouse gas (GHG) footprint than conventional gas and oil or coal, and thus would be an unsuitable bridge fuel.
January 20, 2012
Analysis Says Gulf Slowdown Costing Government $4.7M a Day
The federal government is losing more than $4.7 million a day due to declining production at existing oil and natural gas wells in the Gulf of Mexico (GOM) and “bureaucratic delays” on issuing permits for wells in the Gulf offshore, according to a recent report by the National Center for Policy Analysis (NCPA).
April 29, 2011
TransCanada Profits Hit by One-Time Mackenzie Gas Charge
TransCanada Corp. reported that a one-time charge for the Mackenzie Gas Project offset its fourth quarter profits. Excluding charge, the Calgary-based company saw comparable earnings increase C$56 million from 4Q2009.
February 16, 2011
Correction
The story “Wood Mackenzie: Gas Price Pain, Then Gain” (see NGI, Nov. 23) quoted an incorrect price forecast from a Credit Suisse presentation slide. For 2009 the firm has cut its U.S. gas price forecast to $3.97 from $4.01.
November 30, 2009
TransCanada Exec Says Shale Growth Opens Doors for More Pipe
TransCanada Corp., which has its finger in some of the biggest gas projects in North America, including the Alaska Gasline Project and the proposed Mackenzie Gas Pipeline, is looking down the road toward even more opportunities, a company executive said last month.
June 2, 2008
TransCanada Exec Says Shale Growth Opens Doors for More Pipe
TransCanada Corp., which has its finger in some of the biggest gas projects in North America, including the Alaska Gasline Project and the proposed Mackenzie Gas Pipeline, is looking down the road toward even more opportunities, Dean Ferguson, vice president of marketing, business development and regulatory affairs for the TransCanada’s U.S. Pipeline Central unit, told a GasMart 2008 audience in Chicago last week.
May 29, 2008
Canadian Government Promises Regulatory Streamlining
Pipelines and producers are showering unanimous praise on a pledge by the Canadian government to prevent a repetition of the regulatory ordeal delaying and possibly aborting the Mackenzie Gas Project (MGP).
March 26, 2007
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