Archive for February 15th, 2012

Chesapeake Selling Assets to Concentrate on OH/Wet Gas

Under pressure from low commodity prices for natural gas causing a cash deficit for drilling, Chesapeake Energy is looking to sell off some of its oil and gas fields in Texas, Mexico and Oklahoma so it can continue to concentrate on drilling in eastern Ohio’s Utica Shale and other “wet gas” areas of the country.

Potential Cracker Plant Site in WV Leased for Drilling

One of the possible locations for a new ethane cracker plant in West Virginia is a 1400-acre parcel of land owned by Bayer Corp. located on the border of Marshall and Wetzel counties. Ahead of an announcement on a cracker plant, Bayer has decided to move forward with leasing the New Martinsville plant for shale […]

Start a Company or Get a Job in the Marcellus? Try Water

Looking for a way to participate in the Marcellus and Utica Shale economic boom? As an investor, or as a business owner or even as a job seeker, you might want to consider water. Yeah, water. Try these numbers on for size: In 2011, drillers paid somewhere between $1.3-$1.7 billion to dispose of fracking wastewater […]

Fremont, NY Considers a Ban on Fracking

The Town of Fremont, NY is heading toward a vote to ban hydraulic fracturing. Fremont is in Steuben County, and a ban would adversely affect the property rights of rural landowners in the township.

Earthworks Admits Real Reason they Oppose Gas Drilling

Although MDN has long pointed out the ideological underpinnings in the opposition of drilling for shale gas, here is yet another brief moment of honesty from an anti-drilling group about their true motivation:

Marcellus & Utica Shale Story Links: Wed, Feb 15, 2012

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

 

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