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Marcellus Shale Well Decline Rates Explained in Marcellus & Utica Databook, Volume 3: Just released Marcellus & Utica Databook provides 110 pages of updated maps, data, and commentary showing where shale gas development is happening, including a new section on calculating well decline rate unique to the Marcellus Shale Play.
New York, NY (PRWEB) February 17, 2014
Marcellus Drilling News and ShaleNavigator announce the release of Volume 3 of the 2013 Marcellus and Utica Shale Databook--an ongoing series of in-depth research reports designed for those with a stake in natural gas and oil drilling and associated activities, in the Marcellus and Utica Shale Plays.
The new edition (Volume 3) of the Databook contains a series of maps for each county with active drilling throughout Pennsylvania, Ohio and West Virginia. Each county map displays the location of wells with permits for the preceding four months, Sept-Dec 2013. Each Databook volume also contains a special drilling update that analyzes trends for the previous four months, and updates on recent regulations and legislative actions.
Volume 3 of the Databook includes a first-ever: A new formula to provide a reasonable range for ultimate recovery, decline modeling, and royalty estimation for wells in the Marcellus. The production and decline models were created based on thousands of horizontal shale well production data points, and offers a tremendous resource for accurate estimation of recovery, decline modeling, and royalty estimation for the Marcellus.
Also new for Volume 3 is a comprehensive list of waste disposal facilities for frack waste in the Marcellus and Utica Shale region. It is a unique and innovative tool available only in the Databook.
About the Databook Publication
The 2013 Marcellus and Utica Shale Databook is a 3-volume set available in electronic format (PDF) only. With Volume 3, the first two editions are now available for immediate download. Volume 1 shows maps reflecting activity for Jan-Apr 2013. Volume 2 shows activity for May-Aug 2013, and Volume 3 maps activity for Sep-Dec 2013. Each volume includes new sections not found in the others. The three volumes work together, Volume 1 as the foundation, Volume 2 as a mid-year update on where the latest activity has taken place, and Volume 3 showing the latest activity for year-end.
Who can benefit from the Databook...
The Databook was created first and foremost for companies in the shale energy supply chain. Each edition pinpoints where drilling is heating up and where it's cooling down, based on permits issued maps generated from ShaleNavigator. With Volume 2's list of midstream and infrastructure projects, in addition to opportunities with drillers, supply chain companies now have a guide of midstream projects they may want to consider becoming a supplier for. That is, the Databook presents supply chain companies with an opportunities list.
Midstream and infrastructure companies know the Databook an indispensable resource. It is a handy reference to what your competitors are planning, and what your customers (drillers) will need--and where they'll need it.
Drillers will also want to know what capabilities are coming soon with new infrastructure buildoutwhere its coming, and when. This edition helps answer those vitally important questions.
Government officials will be interested in knowing where and when drilling and midstream projects will be heating upespecially those in their geography or region. With drilling and infrastructure comes an enormous amount of locally invested money and jobs--but along with it also comes challenges, like increased truck traffic, and packed hotel rooms. The Databook can help government officials forecast what's coming soon.
Law firms are a big buyer of the Databook, and for good reason. The information helps law firms know when to expect an uptick in demand for their servicesand which companies to talk to about those services. Each well drilled and each midstream/infrastructure project launched contains mountains of legal workfrom securing real estate, leases and easementsto labor law, compliance and a host of other
legal issues. No law firm with an energy practice should be without the Databook.
All three Volumes of the Databook is available for download now. To preview and order, visit: http://marcellusdrilling.com/databook.
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