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The Marcellus Shale Coalition (MSC) on Thursday elected a new leadership team to helm the executive committee and announced the addition of almost three dozen associate member companies.

“Shaley” natural gas producers and Bakken oil explorers should be reporting “lots” of reserves additions as they roll out their year-end 2010 reports, the research team at Tudor, Pickering, Holt & Co. (TPH) said Friday.

Nobody is proclaiming winter as “over” yet, but the worst is past as far as many are concerned. The downhill slope for Northeast citygates grew even steeper Friday, and most other points joined them with more mundane losses. Several scattered points ran against the overall market grain by being flat to about a dime higher.

Many cash point averages in the Northeast saw increases of $1.50 to nearly $5 on Monday for Tuesday delivery as the region continued to dig out from Sunday’s blizzard, which exhibited winds in excess of 60 mph and dumped from a few inches to more than two feet of snow from the Carolinas up through New England.

Colder forecasts during the Christmas weekend were in effect for many areas, and although near-term predictions varied, most points were flat to about a dime higher. All of the major declines from about a dime to the $2.65 area occurred in the Northeast, where a major weekend storm had begun departing.

With two weeks still left in 2010, Range Resources Corp. said Wednesday it has more than doubled its Marcellus Shale production year/year.

Natural gas production in August in the Lower 48 states of 65.79 Bcf/d marked a 1.8% increase over July and nearly a 5% increase over August a year ago, the Energy Information Administration (EIA) said in its monthly report. Production from the federal offshore Gulf of Mexico (GOM) advanced for the first time in six months.

With promising deepwater Gulf of Mexico projects, Chevron Corp. is in no hurry to buy anything in the U.S. onshore, CFO Pat Yarrington said Friday.

Southern Union Co.’s Trunkline Gas Co. has signed a precedent agreement with DCP Midstream LLC to provide long-term, firm transportation service for liquids-rich gas. DCP Midstream will be the anchor shipper on a modified portion of the Trunkline system in South Texas focusing on Eagle Ford Shale production.