Does fracking cause earthquakes? MDN has covered various stories in the past on this topic. It seems likely that injection wells (not hydraulic fracturing, but the wastewater from fracking being injected deeply in disposal wells) in some locations have been tied to earthquakes in some areas. Notably, when injection wells in Arkansas stopped pumping pressurized […]
Archive for December 13th, 2011
The number of shale gas drilling permits in Ohio has rocketed from virtually none in 2009 and 2010, to 141 in 2011—the vast majority of that in the Utica Shale.
Kent Moors, writing on the Seeking Alpha website, comments on his observation from Baker Hughes well rig data for the U.S. that the number of rigs used to drill for natural gas has gone down over the same period last year, but that the number of rigs drilling for oil has skyrocketed.
MarkWest Energy announced yesterday it will pay $1 billion in cash and 19.95 million new Class B MarkWest units (worth an estimated $750 million to $850 million) to buy out joint venture partner Energy and Minerals Group’s (EMG) 49 percent interest in MarkWest Liberty Midstream. The Liberty Midstream joint venture was formed in May 2009 […]
Magnum Hunter Resources and Stone Energy yesterday announced a joint venture combining their leased Marcellus acreage in Wetzel County, WV, some 1,925 acres, with the stated objective of drilling 19 new horizontal Marcellus Shale wells in the next two years. From the press release:
The “best of the rest” – stories that caught MDN’s eye that you may be interested in reading: