Direct Economic Impact of the Value Chain of a Marcellus Shale Gas Well

William E. Hefley () and Shaun M. Seydor ()
Additional contact information
William E. Hefley: University of Pittsburgh
Shaun M. Seydor: University of Pittsburgh

A chapter in Economics of Unconventional Shale Gas Development, 2015, pp 15-45 from Springer

Abstract: Abstract This chapter examines the direct economic impact of a Marcellus Shale well located in Southwestern Pennsylvania. This study is an assessment of the economic impacts emphasizing the direct economic impact, rather than just focusing on the perceived benefits and impacts affecting the region. Our analysis is based on extensive field research, including a site visit and interviews with industry participants. From this field research, we determined that the direct costs of bringing a Marcellus Shale well to production are in excess of seven million dollars.

Keywords: Horizontal Well; American Petroleum Institute; Personal Correspondence; Royalty Rate; Royalty Payment (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations: View citations in EconPapers (1)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:nrmchp:978-3-319-11499-6_2

Ordering information: This item can be ordered from
http://www.springer.com/9783319114996

DOI: 10.1007/978-3-319-11499-6_2

Access Statistics for this chapter

More chapters in Natural Resource Management and Policy from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().