Southwestern Energy Snaps Up Assets In Marcellus, Utica From Chesapeake

Chesapeake Energy continued its sell-off of gas drilling operations in the Marcellus and Utica shales Thursday with its biggest withdrawal from Appalachia.

Pennsylvania’s biggest shale gas producer agreed to sell 435 shale wells, 1,100 conventional wells and the rights to drill in more than 400,000 acres to Houston-based Southwestern Energy Co. for $5.375 billion.

“I certainly think this is consistent with what we’ve seen from Chesapeake,” said Scott Hanold, an energy analyst at RBC Capital Markets.

Read more: http://triblive.com/business/headlines/6974705-74/energy-southwestern-marcellus#ixzz3GPXRKihi
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Shell Touts Utica Gas Wells In Northern Pa.

Map of Pennsylvania highlighting Tioga County (Photo credit: Wikipedia)

Energy companies might have another sweet spot for gas drilling in Pennsylvania.

Royal Dutch Shell on Wednesday said two wells it drilled in the Utica shale below Tioga County are producing at levels comparable to the most successful wells in Southeastern Ohio.

“This opens a new potential for other drillers to follow Shell’s act,” said Tom Gellrich, founder of TopLine Analytics, a manufacturing consultant specializing in shale gas plays.

The energy giant drilled the wells in one of the top-producing Marcellus shale counties, north of Williamsport. But Shell’s Gee and Neal wells are tapping a formation several thousand feet below the better-known Marcellus and were drilled about 100 miles northeast of the closest producing Utica well.

Read more: http://triblive.com/business/headlines/6727554-74/wells-shell-producing#ixzz3CMn9NtUh
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Elk County Well To Take Fracking Wastewater

Map of Pennsylvania highlighting Elk County (Photo credit: Wikipedia)

Seneca Resources Corp. has received federal approval to operate a new drilling wastewater injection well in Elk County, and more of those deep injection wells for the disposal of Marcellus and Utica shale gas drilling wastewater are on tap for Pennsylvania.

The U.S. Environmental Protection Agency announced last week that it had approved Seneca’s proposal to convert one of its existing vertical gas wells into an injection well that will pump up to 60,000 gallons a day of drilling wastewater and salty brine about 2,400 feet below the surface into the Elk 3 Sandstone formation.

That formation is about 1,700 feet below groundwater aquifers that supply residential water to residents of the area, said Karen Johnson, chief of the EPA Region III groundwater and enforcement branch.

The EPA has permitted 30,000 Class II injection wells for drilling brine and wastewater disposal nationally — about a third of those in Texas — but the Seneca disposal well is just the ninth such well approved in Pennsylvania.

Read more: http://www.post-gazette.com/local/marcellusshale/2014/02/03/Elk-County-well-to-take-fracking-wastewater/stories/201402030061#ixzz2sHhbe2yX