Comment of Margery Schab under CP11-56, I have presented maps to indicate that the Spectra Pipeline connects to the Marcellus Shale, and to describe the health hazards of the Marcellus Shale Gas and economic problems associated with hydro fracking.
10/30/2011MUSINGS FROM THE OIL PATCH December 7, 2010 Allen Brooks Managing Director Note: Musings from the Oil Patch reflects an eclectic collection of stories and analyses dealing with issues and developments within the energy industry that I feel have potentially significant implications for executives operating and planning for the future. The newsletter is published every two weeks, but periodically events and travel may alter that schedule. As always, I welcome your comments and observations. Allen Brooks The Role Of Natural Gas Grows Despite Economics At a recent breakfast conference focused on unconventional resources, the observation was made that unconventional gas will soon no longer be unconventional. As several speakers pointed out, in 2001 less than 1% of the nations gas supply came from Unconventional gas will soon no unconventional gas resources, while today it is slightly under 20%. longer be unconventional If projections prove correct, natural gas from shales and tight rocks will account for more than 50% of our supply by 2020, assuming the economics for gas improve. This, unfortunately, is the critical ingredient for expanding the role of natural gas and its potential to become the silver bullet of U. S. energy policy. Since the early 1990s, as shale formations began to emerge as a possible source of future gas supply, the struggle has been between the technical challenges of extracting hydrocarbons and the economics of the effort. We have recently been engaged in an The struggle has been between email chain exploring the question of what was the catalyst that the technical challenges of started the current shale boom, which will be the subject of a future extracting hydrocarbons and the Musings article, but suffice it to say that there was no single catalyst economics of the effort in contrast to the conventional belief that it was a eureka moment as E&P professionals discovered that marrying horizontal drilling and multi-stage fracturing would miraculously allow us to extract huge supplies of natural gas. The success really came through trial and error and hard work. Those characteristics, inherent in the genes of E&P professionals, were helped by rising natural gas prices that provided the incentive to seek solutions and, importantly, the cash to do so. As pointed out by several of the forums speakers, and in conversations we have had with other experts, for all the thousands of tight gas sands, coal bed methane and gas shale wells drilled in this country, there is ...