Marcellus & Utica Shale Story Links: Tue, Jan 24, 2012

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

Experts question move by feds to hack estimate for Marcellus reserves by 66 percent
Pittsburgh Tribune-Review
The Department of Energy cut its estimate for the Marcellus shale’s unproven natural gas reserves by 66 percent, but industry officials and geologists say that doesn’t diminish the formation’s true bounty.

State leaders to lobby in Houston for plant
Charleston Gazette
Gov. Earl Ray Tomblin will fly to Houston this week as part of West Virginia’s quest for a chemical plant that promises to deliver thousands of jobs, House Finance Chairman Harry Keith White told The Associated Press on Monday.

Ohio to benefit from gas scale-back
Dayton Daily News
Because of Ohio’s liquids-rich natural gas deposits, Chesapeake Energy Corp. won’t slow down drilling in the state even as the company announced Tuesday it will scale back drilling for natural gas in Pennsylvania.

Natural Gas Companies Slash Output as Prices Slump
Fox News
U.S. natural gas companies are succumbing to low prices by cutting output from the record levels that have taken a toll on drillers’ bottom lines during this mild winter.

Gas wells bring jobs to Valley
Danville News
When Minuteman Environmental Services found a place in the Milton Industrial Park, it brought along about 150 jobs and delighted Milton borough manager Chuck Beck.

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