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February 20, 2010
The American Railroad Association reported that 29% of
the nation's rail cars, (all cars: gondolas, coal cars,
tankers, freight cars, etc.) are currently in storage
due to the sagging economy. This amounts to 449,000
rail cars. During a good economy, there are only 2 to
3 percent of the rail cars in storage.
On October 15 2009 Range Resources made the announcement that
it's Marcellus Shale production exceeds 80 Mmcf a day and
they are expecting to up that to 90 or 100 Mmcf by the end
of the year. Mmcf = 1 million cubic feet, mcf = 1,000 cubic feet.
They have 77 horizontal Marcellus wells and expects to drill
and case about 20 more. They use now 4 horizontal drilling
rigs and are upping that to 6 rigs in 2010.
Natural gas prices are falling, reservoirs are almost filled up across
the country, yet the demand for natural gas keeps going up.
There is a company that is right now planning a 42 inch pipeline
to go from the Rocky Mountains to the Philadelphia/ New York area.
They expect to deliver 420 Mmcf a day to that area from inlets
across the Marcellus play.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
A Rig from Oklahoma brought to Khedive Pa. for
drilling a horizontal well into the Marcellus Shale.
this well now produces about 3 mcf a day. Notice the roughneck
climbing the rig about half way up.

Drilling a Super Well (10,00 feet or deeper into the Marcellus Shale)

(Reclaiming a gas well site. This well was drilled 10,000 feet.
This well didn't produce hardly anything, they put a pump jack
in it for a year, then refracked it, it still didn't produce
hardly anything.)

Harry Stamper from the movie Armageddon

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