Join the Business Development Study Group at the Four Seasons Hotel for our last meeting of the season. Williams’ Kirk Blackim and Ross Conatser will share their insight on the rapidly expanding marketing options for the increasing bounty of Western Pennsylvania Marcellus and Eastern Ohio Utica gas and NGL  production. The popular format of a Business & Social Networking hour, with complimentary Hors’ D’ Oeuvres and a cash bar, followed by an hour-long program, will begin at 5:00 pm in the Mezzanine.

 

Production from the Pennsylvania Marcellus shale averaged 1.7 BCFED during the last half of 2011. With continued drilling and over 1000 wells shut-in or still uncompleted, the surge in production is expected to continue - slowed but not stopped by diminished natural gas prices. Next door in Ohio, the Utica shale is just getting started, fed by the desire for high value liquids production that is undeterred by gas prices. How will producers find an outlet with markets for this bounty? What are the infrastructure needs? How fast can they be made available? What will be the combination of domestic and foreign (export) markets? How will they be brought to bear? 

 

Williams’ Kirk Blackim and Ross Conatser will discuss the infrastructure needs in general, with specific insight on Williams’ Atlantic Access proposal. That project is planned to connect natural gas supplies originating in western Pennsylvania and West Virginia to Williams’ Transco pipeline, providing customers from the Atlantic Seaboard to the Gulf Coast with access to new, abundant natural gas reserves by late 2014.