Archive for January 24th, 2009

Chesapeake Files Application to Drill in Oregon Twp, PA

Wayne County, PA may see the first Chesapeake-drilled well as soon as late March: Chesapeake Appalachia, a West Virginia subsidiary of the natural gas development giant Chesapeake Energy, filed a permit application last week for permission to drill a natural gas well on a Oregon Township property located near Fox Hill Road, according to state […]

PA Gov. Ed Rendell Proposes Tax on Marcellus Shale Gas Production

Pennsylvania Gov. Ed Rendell, in commenting on a serious budget shortfall in Pennsylvania, is proposing a new tax on gas production coming from wells tapping the Marcellus Shale formation. The governor also said he will seek a “severance” tax, or extraction tax, on gas produced in the vast Marcellus Shale formation. Pennsylvania is the only […]

 

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