Webinar to examine natural gas potential of Utica shale formation

June 16, 2014

UNIVERSITY PARK, Pa. -- A Web-based seminar presented by Penn State Extension's Marcellus Education Team will analyze the natural gas potential of another shale formation.

"Utica/Point Pleasant Shale: Where Are We Now?" will begin at 1 p.m. on Thursday, June 19. The one-hour webinar will feature Manuj Nikhanj, managing director and head of energy research for ITG Investment Research.

The Utica/Point Pleasant formation often is discussed in association with the Marcellus. The webinar will explore how it compares to the Marcellus, how much gas it is expected to produce and how expensive production might be.

"The Marcellus and Utica shales are two of the most prolific plays in North America," said Nikhanj. "I will discuss estimated ultimate recovery, economics and production, and the effect that new technology is having on natural gas productivity from the Utica/Point Pleasant Shale in comparison with the Marcellus Shale."

Penn State Extension's Marcellus Education Team provides at least monthly webinars on a variety of topics. Upcoming webinars include the following:

--July 17: "Industry Workforce and Training," Pennsylvania College of Technology and Pennsylvania Department of Labor and Industry.

--Aug. 21: "Natural Gas Processing and Effects on Royalty Income Streams," Steven Karabin, president and CEO, the Rhino Group.

The webinars are free, but participants must register on the events page of the Penn State Extension Natural Gas website. The site also offers information about future webinars. Registrants must provide an email address to receive the link to the upcoming webinar.

Previous webinars, publications and information also are available on the Penn State Extension natural-gas website, covering a variety of topics, such as natural gas production and waste figures; oil and gas best practices; Act 13 (Pennsylvania's oil and gas law); the volume of gas in shale formations; seismic testing; air pollution from gas development; water use and quality; natural gas liquids; gas-leasing considerations for landowners; gas pipeline trends and right-of-way issues; legal issues surrounding gas development; the impact of Marcellus gas development on forestland; royalty calculations and decline curves; and reclamation of drill cuttings.

For more information, contact Carol Loveland at 570-320-4429 or by email at cal24@psu.edu.

(Media Contacts)

Last Updated January 09, 2015