MSC Issues Annual Workforce Survey Results

Pittsburgh, Pa. – Today, the Marcellus Shale Coalition (MSC) released the results of its annual workforce survey [click to open the report 2013 MSC Year End WF Survey Overview]. The findings – based on 2013 data – were provided by a large majority of MSC member companies, representing nearly 95% of Pennsylvania’s shale production. “Shale development represents a generational opportunity for our Commonwealth. Since day one, our industry has focused on fostering the growth of a skilled and well-trained local workforce to ensure that lifelong opportunities are being fully realized,” said MSC president Dave Spigelmyer. “These collaborative and ongoing efforts – industry groups, member companies and other key stakeholders working closely with a host of educational institutions as well as trade schools – continue to deliver strong results in the form of new jobs for our region’s workforce, as reflected again in this survey data.” Key survey highlights include: 26.5 per
http://www.shaledirectories.com/blog/msc-issues-annual-workforce-survey-results/

Dawood Welcomes New Director of Civil Engineering

Canonsburg, PA, July 21, 2014:  Dawood Engineering, Inc. (Dawood) is proud to welcome Brian L. Fischbach, PE, LEED AP as the Director of Civil Engineering. Working from the Dawood Pittsburgh Regional Office in Canonsburg, Mr. Fischbach will be responsible for the oversight and strategic planning of land and site development projects across all Dawood offices. Mr. Fischbach has more than 24 years of project management and leadership experience in the civil and municipal engineering, solid waste, energy, and site development sectors. He has worked closely with clients, municipalities and communities on projects throughout Pennsylvania, New York, West Virginia, and Maryland. Brian brings a wealth of experience and local knowledge across multiple sectors to Dawood. His background and project history fits well within the Dawood footprint. We know Brian will serve our current and future clients well and welcome him to the Dawood team, stated Bony R. Dawood, PE, President. Dawood, founded i
http://www.shaledirectories.com/blog/dawood-welcomes-new-director-civil-engineering/

Exploration and Production companies working in the Permian Basin

Spraberry/Wolfcamp Oil Field Produces Heavy Returns for Companies Investing in the Permian Basin A new and improved oil and gas boom has developed in several key areas in the Lower 48 states of the U.S. These areas are primarily shale plays, and the development of hydraulic fracturing (fracking) and horizontal drilling technologies has made these areas not only viable options, but some of the best areas of production. Within the Permian Basin, the Spraberry/Wolfcamp field has become one of the most important for exploration and production companies. The three top companies in average daily production in the Spraberry/Wolfcamp are Pioneer Natural Resources, Apache Corp., and Concho Resources. These three hold major land resources in this area and have planned to devote even more of their investing capital into the Spraberry/Wolfcamp oil field over the next few years, including additional investments in the remainder of this year. Pioneer Natural Resources Pioneer Natural Resources, the
http://www.shaledirectories.com/blog/exploration-production-companies-working-permian-basin/

Exploration and Production companies working in the Niobrara

Promising Future for Companies Working in the Niobrara Shale Play The Niobrara shale is a hydrogen-rich play located primarily in northeastern Colorado, spreading into parts of Wyoming, Nebraska and Kansas. Oil is the main resource extracted from this play in the Denver-Julesburg (DJ) Basin. This area has produced both oil and gas for years, but as companies have begun exploring and developing the Niobrara, it has gained the reputation of being the next Bakken formation. EOG Resources EOG holds 400,000 acres in the Niobrara shale play which have begun to generate high return rates with consistent well results. The holdings are primarily in the DJ Basin in Laramie County, Wyoming, and Weld County, Colorado. In 2013, the company completed three horizontal wells. These initially produced an average rate of about 700 barrels per day. Over the next several years, EOG expects their rigs in the Niobrara to make significant contributions to their crude oil production. Anadarko Petroleum  As
http://www.shaledirectories.com/blog/exploration-production-companies-working-niobrara/

Exploration and Production companies working in the Bakken

Oil Companies Develop New Technologies to Drive Production Costs Down in the Bakken Located primarily in North Dakota, the Bakken shale is near the top of oil field production in the United States. Even though it was discovered decades ago, the oil did not become economically accessible until the development of hydraulic fracturing (fracking) and horizontal drilling. Estimates on oil yields for the shale play range from a relatively conservative 4.3 billion barrels all the way up to as much as 40 billion barrels. The remaining value of the region is projected at close to $118 billion. Recent technologies and developments have significantly decreased the costs to drill and complete a well. Before 2011, the average well cost more than $10 million, which has dropped to between $7 to 8 million per well. Many companies are engaged in development and testing of new technologies and techniques in order to reduce costs and increase production even further. Continental Resources, Inc. As the t
http://www.shaledirectories.com/blog/exploration-production-companies-working-bakken/

Midstream activities in OH

Second Quarter Acquisitions and Midstream Developments in Ohio The development of hydraulic fracturing and horizontal drilling has opened up the massive natural resources of the Utica shale play in Ohio. This play is now producing at a rate that makes it difficult for midstream companies to keep pace. Two recent transactions in the second quarter of 2014 represent midstream activities designed to increase infrastructure through gathering and stabilization, pipelines and trucking transportation. Rose Rock Midstream Purchases Trucking Assets From Chesapeake Energy A subsidiary of Chesapeake Energy Corp. has sold some of its crude oil trucking assets to Rose Rock Midstream, L.P. This transaction includes 200 employees, as well as 125 trucks, 122 trailers and related equipment currently operating in Texas, Oklahoma and Ohio. The acquisition also includes an agreement for term transportation at market rates with Chesapeake Energy Marketing, Inc. Once the acquisition closes, Rose Rock’s f
http://www.shaledirectories.com/blog/midstream-activities-oh/

Tight oil in the Permian Basin

The Permian Basin Provides the Ideal Environment for Horizontal Drilling News of oil in the Permian Basin is not new, as that area has been an arena for commercial exploration since the 1920s with over 30 billion barrels of oil produced since then. At this time, the output hovers around 1 million barrels per day. This output has been greatly augmented by the discovery of new methods for extracting light crude oil from the shale play of the region. The Permian Basin contains many layers of this light oil, also called light tight oil or tight oil. Hydraulic fracturing (fracking) and horizontal drilling technologies have proven successful in other shale plays for extracting tight oil. In the past, many of the resources such as oil, natural gas, and crude oil were not considered economically recoverable because of the cost to implement and maintain horizontal wells. Even though the costs have come down considerably as technology advances, many of the companies already successful with vert
http://www.shaledirectories.com/blog/tight-oil-permian-basin/