“Marcellus Maginot Line”

Shale Formations Feed the Future of Energy

"While natural gas leasing activity in the East Texas and Northwest Louisiana region is not at the fever pitch it was a couple of years ago when the potential of the Haynesville Shale first came to light, energy production remains a big driver of the area's economy - and should be for years to come, officials said"

Severance Tax on Marcellus Shale Play Debated

Pennsylvania Governor Ed Rendell is proposing a 5% severance tax on natural gas drilling companies.

U.S. - India Shale Gas Initiatives to Advance

The Obama administration on Tuesday confirmed that a major bilateral initiative for shale gas exploration in India was set to make important advances over the coming months.

New US Oil Rush Could Rock OPEC

Chief to Begin Drilling Within Dallas City Limits

Majority of Marcellus Well Operators Fail to Meet Production Reporting Deadline

Although most of the large and established companies have complied with the law.

Shale Plays Relationship to Nat Gas Prices

Summary of Unconventional Shale Plays in North America

Dual Zone Potential in Marcellus?

Senator Casey Proposes FRAC Act to Regulate Drilling

Rig Count In US Increases to 1,651

Chief Oil & Gas for Sale

Sale price could top three billion dollars.

$100 Million Eagle Ford Shale Joint Venture Announced

Crimson Exploration, Inc. Announces Successful Drilling Results in San Augustine and Liberty Counties, Texas

Pittsburgh City Councilman Introduces Natural Gas Drilling Ban

Drilling Activity in Unconvential Shale Plays to Slow in 2011

Hess Corp. To Drill First Producing Marcellus Wells in Wayne Co, PA

Penn Virginia Corp Purchases 6,800 net Eagle Ford Shale acres for $31.1 million.

Chesapeake Diverting Capital Allocations from Marcellus to Eagle Ford Shale

Marcellus Play Provides Over 20% Return at $4/million BTU

According to the article: "The Marcellus, the Haynesville and more recently the Eagle Ford, are proving to be low cost sources of shale gas and are thus better able to stand the prices vagaries than the Barnett and the Woodford."

More Shale Sales

EOG Resources announces its intent to sell 180,000 acres of Haynesville, Marcellus and Eagle Ford natural gas shale leases. The company continues to shift its focus from natural gas to oil production.

NY Senate Extends Drilling Moratorium Until May 2011

Cabot Oil and Gas Unloading Marcellus holdings

Chesapeake to Increase Investment in Liquid-Rich Plays, Reduce Expenditures on Natural Gas Plays

Chesapeake Energy Corp announced it will increase drilling and completion capital expenditures in liquid-rich plays by $400 million. Chesapeake's largest liquid-rich plays include: Granite Wash (western Oklahoma and Texas Panhandle), Anadarko Basin (western Oklahoma and Texas Panhandle), Rocky Mountain Liquids Plays (southern Wyoming and northern Colorado), Permian Basin Liquids Plays (West Texas and southern New Mexico), and Eagle Ford Shale (South Texas).

Conversely, Chesapeake will reduce Drilling and Completion Capital Expenditures by $400 million on natural gas plays.