Archive for December 13th, 2011

Does Fracking Cause Earthquakes? Formula Calcs Quake Size

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 […]

OH Shale Drilling Permits See Dramatic Increase in 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.

Natural Gas Rig Numbers Down, Oil Rig Numbers Up in U.S.

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 Pays $1.8B to Buy Out JV Partner in Liberty Midstream

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, Stone Energy JV to Drill in Wetzel County WV

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:

Marcellus & Utica Shale Story Links: Tuesday, Dec 13, 2011

The “best of the rest” – stories that caught MDN’s eye that you may be interested in reading:

 

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