Yesterday, a debate on horizontal hydraulic fracturing (“fracking”), the process used to extract natural gas from the Marcellus Shale, was held on the campus of the State University of New York at Cortland. “Debating the Pros and Cons of Gas Drilling” featured Professor Anthony R. Ingraffea from Cornell University on the anti-drilling side, and Professor […]
Archive for February 21st, 2011
Number of Permits Issued & Wells Drilled in Select PA Counties, including the County with the Most Wells
In a story about how Armstrong County, PA has to keep the County Courthouse open late one night a week so researchers can review property records for potential Marcellus shale gas well development, we get some interesting numbers on recent drilling activity in PA:
Reading financial statements by corporations is about as fun as watching paint dry—but hey, someone has to do it. We do learn important tidbits of news from drilling companies about their recent activities, and more importantly, what they are planning for the coming year. Henceforth, a few gleanings from some recent financial statements.
Mike McCown, president of the Independent Oil and Natural Gas Association (IOGA) in West Virginia, was interviewed by the Register-Herald (Beckley, WV). IOGA represents some 600 oil and gas companies throughout WV, including those drilling in the Marcellus Shale in that state. Among Mike’s comments: