Archive for January 9th, 2012

EPA Promises Water for Dimock PA, Reneges 24 Hours Later

The news out of Dimock, PA is coming so fast and furious, it’s hard to keep track of it all. First, a brief background on the situation in Dimock, the context you almost never read in the mainstream media: In 2008, Cabot Oil & Gas drilled a number of Marcellus Shale gas wells in Dimock […]

Exxon Buys 13,200 Acres of Utica Shale Leases in Ohio

Exxon Mobil, through it’s subsidiary XTO Energy, recently acquired just over 13,200 acres of Utica Shale leases from Beck Energy Corp. in Monroe County, Ohio. A copy of the Bill of Sale, dated Dec. 20, 2011, is embedded below, containing a list of all the parcels in the transaction. Terms of the purchase are not […]

New Cases of Methane Water Well Contamination by Cabot in PA

Three private water wells in Lenox Township (Susquehanna County), PA have been contaminated with methane from nearby Marcellus Shale drilling done by Cabot Oil & Gas according to the PA Department of Environmental Protection (DEP). Cabot has installed methane detection alarms in the three homes and has vented the affected wells.

Norse Energy Converts $3.5M in Bonds into Stock Ownership

Norse Energy, with substantial leases in New York State, clings to the hope that New York will soon allow shale gas drilling. In the meantime, they continue to try and hold on. Last week they sold some of their NY acreage along with a slice of the royalty rights on acreage they retain for $26.7 […]

Southwestern Says Marcellus Cheaper to Drill than Elsewhere

An interesting comment from Southwestern Energy. According to Southwestern’s CEO Steven Mueller, it’s more expensive to drill for shale gas in the Fayetteville Shale than in the Marcellus Shale, and if prices for natural gas remain as low as they are now, Southwestern will elect to reduce spending and drilling in the Fayetteville, but not […]

Marcellus & Utica Shale Story Links: Mon, Jan 9, 2012

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

 

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