Marcellus & Utica Shale Story Links: Mon, Apr 23, 2012

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

Environmental, legal expert speaks about recent ‘fracking’ legislation
Michael Krancer , secretary of the Pennsylvania Department of Environmental Protection , spoke and answered questions about Act 13 – a new state law establishing regulations over the hydraulic fracturing, or fracking, process being used to drill natural gas out of the Marcellus Shale deposit in many northern and western Pennsylvania counties.

State laws allow drilling even where owners object
Retired police officer Ed Hashbarger is watching in anger as drillers converge on his part of eastern Ohio, at times gaining access to coveted oil and gas deposits through a state law that can trump objections of individual property owners.

Nearly 1,600 gas wells finished in W.Va. since 06
Charleston Gazette
A survey shows natural gas drillers have completed nearly 1,600 wells in West Virginia since 2006.

County purchases radiation detector for landfill
Steuben Courier
A radiation detector is now included in plans for a $130,000 upgrade at the Steuben County landfill this summer.

Businesses weather gas industry cycles
The Times Leader
The natural gas boom that has spurred growth in Northeastern Pennsylvania for the past few years may have lost a bit of its bang.

‘Once-in-a-lifetime opportunity’
The Daily Record
That’s the message the leadership of the Mohican Basin Landowners Association is telling the group’s members as property owners wait and see whether an energy company shows interest in signing a lease for oil and gas drilling rights.

Steve Israel: Big anti-fracking week likely in Sullivan
Times Herald-Record
By this time next week, the Town of Bethel won’t only be known as the host of the 1969 Woodstock festival — and the Bethel Woods Center for the Arts at that Woodstock site. It should become the largest Sullivan County town to ban gas drilling.

Company buys mineral rights for the Wilds
Zanesville Times Recorder
Giraffes, rhinoceroses, cheetahs and … horizontal drilling rigs? That soon might be the case at the Wilds, the 10,000-acre nonprofit conservation and research facility in Cumberland.

Drilling to bring many jobs
Mansfield News Journal
Jobs and the number of them that could be created by the oil and gas energy industry were the topic of discussion this week for county commissioners.

Report: Oil and gas boom could mean higher rent
Marietta Times
Along with financial windfalls and jobs, shale development like some are hoping to see reach Washington County can also bring a housing crunch.

Value Drop Spurs Suit
Wheeling News
Stock shares in the Ohio Valley’s largest active natural gas driller have dropped nearly 50 percent in the past nine months, as certain deals made by Chesapeake Energy officials have left some investors nervous.

The feds & fracking: Beware nationalization
Pittsburgh Tribune
Industry groups welcoming a new White House approach to "unconventional domestic natural gas resources" — think hydraulic fracturing of Marcellus shale — must remain wary of greater, more centralized government control.

Business: More natural gas vehicles hitting the market
Ithaca Journal
More natural gas-powered vehicles will hit the market soon, as rising gasoline prices, booming natural gas production and proposed tax credits make them a more attractive option. But they’re a long way from being a common sight in U.S. driveways.

Trumbull Wetlands Complicate Drill Site Selection
WYTV Youngstown
The majority of shale drilling seen so far in the Mahoning Valley is happening in Columbiana County.

Top 7: Firms with Pa. permits to drill in Marcellus Shale
Business Journal
This week, the Pittsburgh Business Times    Pittsburgh Business Times Latest from The Business Journals Follow this company ranked firms with Pa. permits to drill in Marcellus Shale. Coming in at No. 7 on the list was Anadarko E&P Co. LP, with 627 permits issued.

Shale deal draws fire
Members of various anti-fracking groups gathered Thursday at the Lily Pond in Mill Creek Park to voice their opposition to BP’s presence in the Utica Shale play in the Mahoning Valley.

Director: Communities may have to get creative
Weirton Daily Times
The executive director of the Wheeling-based Regional Economic Development partnership says revenue-hungry border communities eventually may have to get creative to capture investment opportunities associated with the oil and gas industry.

Editorial: Mapping the electoral power of shale
Houston Chronicle
We use the term "Oil Patch" on these pages frequently and without elaboration. To us it’s self-explanatory. It’s the place where oil and gas traditionally have been produced.

Gas transportation companies make plans for changing Southeast
SNL Financial
With shale production transforming natural gas markets in the Southeast, pipeline and storage companies including El Paso Corp., NiSource Inc., Williams Cos. Inc. and NGS Energy LP are planning and executing new projects to make the most of the changes.

Password Reset
Please enter your e-mail address. You will receive a new password via e-mail.