Shale Gas



Natural Gas produced from non-traditional reservoirs has become the hot new trend in recent domestic production. The Appalachian Basin is no different with several interesting shale opportunities.


Marcellus Shale is being developed heavily in Pennsylvania and parts of West Virginia, and companies
are starting to explore opportunities in the Utica Shale in the basin.


Ohio is home to some interesting shale prospects, but as of yet, is relatively unproven.


We at Northwood complete and produce Devonian Shales in Ohio, and we have teamed up with other
companies for deeper, larger shale challenges.



For a Department of Energy primer on Shale Gas look here:

http://www.netl.doe.gov/technologies/oil-gas/publications/epreports/shale_gas_primer_2009.pdf

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Oil companies bet future is natural gas

The major oil companies are increasingly betting their futures on natural gas, with older oil fields producing less crude and newer ones either hard to reach or controlled by unfriendly nations.

FTC: Natural Gas Speculators Boost Net Short Position

Large noncommercial traders increased their net-short position in natural gas futures on the New York Mercantile Exchange by 1% during the week ended March 1, the Commodity Futures Trading Commission reported Friday.