The Marcellus Shale | August 2021
The Marcellus Shale is the largest gas play onshore in the US. Located in the Northeast, it supplies the high-demand markets along the East Coast. Most of the basin’s gas is produced through unconventional methods, while the little oil produced is mostly by conventional means. Some of the top formations include the Onondaga and the Huntersville.
State Drilling Statistics
Active Drilling Rigs in Basin- 28
Total Rigs in Pennsylvania- 19
Total Rigs in United States- 497
Total U.S. Rigs up 94% YTD
State Permitting Data
Permits Approved (PA) – 92
Marcellus Top Producers
Top Producer By BOE – EQT
Halliburton and Voltagrid team to reduce Chesapeake Energy’s Marcellus shale emissions
The first successful deployment of an advanced electric fracturing technology was announced by Halliburton Company and VoltaGrid LLC. This is the first pad of a multi-year contract with Chesapeake Energy Corporation that includes over 140 stages in the Marcellus Shale. It combines Halliburton’s all-electric fracturing spread with VoltaGrid’s sophisticated power generation technology, which includes the Zeus 5,000 horsepower electric pumping unit. By leveraging Chesapeake’s local field gas network, this high-performing solution lowered Chesapeake’s emissions by 32% and provided over 25 megawatts of lower-carbon power generation.
Frackers, Shippers Eye Natural-Gas Leaks as Climate Change Concerns Mount
Investors and customers are putting increasing pressure on the American gas business to prove that its fuel has a lower carbon footprint in order to sell it throughout the world. As a result, the leading gas producer in the United States, EQT Corp., and the top exporter, Cheniere Energy Inc., have teamed together to track emissions. In the Marcellus Shale in the northeast United States, the Haynesville Shale in East Texas and Louisiana, and the Permian Basin in West Texas and New Mexico, the companies and researchers plan to test drones, specialized cameras that can see methane gas, and other technologies across about 100 wells over the next six months. The purpose is to collect data on methane emissions and compare it to current estimates.
Pennsylvania catching up with Texas natural gas production
According to a new state report, Pennsylvania’s natural gas production is closer than ever to that of the top-producing state in the country. According to the Pennsylvania Independent Fiscal Office’s quarterly natural gas production report, Pennsylvania was within 1,000 billion cubic feet of Texas’ natural gas production levels in the second quarter of 2021. This is the closest Pennsylvania has ever come to matching Texas’ output. Through May 2021, Pennsylvania produced 3,150 bcf, while Texas produced 4,118 bcf. Pennsylvania produced 3,002 bcf through May last year, while Texas produced 4,386 bcf, according to the second-quarter data.
Operators with Most Permits in PA
|1||Natural Fuel Gas||14|
Top Producers By Gas
|Rank||Company||Gas Production (mmscf)|
PA Oil Production
PA Natural Gas Production
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