Wednesday, December 19, 2012

PA Marcellus News Digest 12/19/12

PA Marcellus News Digest
December 19, 2012

Articles

Analysis of Marcellus Flowback Finds High Levels of Ancient Brines
Science Daily
Dec 18
Brine water that flows back from gas wells in the Marcellus Shale region after hydraulic fracturing is many times more salty than seawater, with high contents of various elements, including radium and barium. The chemistry is consistent with brines formed during the Paleozoic era, a study by an undergraduate student and two professors in Penn State's Department of Geosciences found.
Link:
http://www.sciencedaily.com/releases/2012/12/121218203537.htm

Statoil Pays $590 Million to Expand in Marcellus Shale Area
Bloomberg
Mikael Holter
Dec 19
Statoil ASA (STL), Norway’s biggest oil and gas producer, bought 70,000 acres in the Marcellus area in the U.S. to boost oil production amid falling gas prices there.
Link:
http://www.bloomberg.com/news/2012-12-19/statoil-pays-590-million-to-boost-ownership-in-marcellus-shale.html

Better Know an Energy Play: Marcellus Shale
Daily Finance
Chris Neiger and Tyler Crowe, The Motley Fool
Dec 19
To help Foolish investors better understand the oil and gas boom in the United States, we are putting together a series of articles focusing on the major energy plays in the lower 48. We'll need to rely heavily on these areas to achieve North American energy independence. Today we're going to take a look at the Marcellus Shale.
Link:
http://www.dailyfinance.com/2012/12/19/lower-48-series-marcellus-shale/

LNG Exports: The Winners and Losers
NPR State Impact
Susan Phillips
Dec 19
Link:
https://stateimpact.npr.org/pennsylvania/2012/12/19/lng-exports-the-winners-and-losers/

StateImpact Pennsylvania Wins duPont-Columbia Award
NPR State Impact
Scott Detrow
Dec 19
Link:
http://stateimpact.npr.org/pennsylvania/2012/12/19/stateimpact-pennsylvania-wins-dupont-columbia-award/

Commonwealth natural gas pipeline reportedly on hold, will not go through Dauphin County
Patriot-News
Donald Gilliland
Dec 18
Plans for a pipeline to deliver natural gas from the Marcellus Shale south through the midstate to markets in Washington, D.C. are on hold indefinitely, according to landowners along its proposed route who had been dealing with land men seeking leases for rights of way.
Link:
http://www.pennlive.com/midstate/index.ssf/2012/12/commonwealth_natural_gas_pipel.html#incart_river

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