Exploration & Production - Exclusives
?Between high commodity prices and the boom in shale plays, the U.S. land-rig count has soared to a 20-year high. Shortages and higher dayrates are coming soon.
Engelder estimates Marcellus gas to be more than 600 API at the bottom 30 to 40 feet of the structure, compared with 300 API at the sweetest depth of the Haynesville shale play in northwestern Louisiana.
Engelder, a leading Marcellus shale authority, discusses the play while visiting Houston Producers' Forum members in a mid-July presentation.
The Illinois Basin’s New Albany shale has been a tough nut to crack, but start-up of a new field in Kentucky and the kick-off of a basin-wide research consortium are positive fracs.