Marcellus & Utica Shale Story Links: Wed, Jun 6, 2012

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

Marcellus and Utica shale: May appears to be busy month for permitting
Farm and Dairy
May proved to be a busy one for gas drillers applying for permits to drill through the Utica shale in Ohio. According to the Ohio Department of Natural Resources’ recent Utica shale activity report, there were 14 permits issued in Carroll County alone.

Chesapeake Energy = High-Stakes Poker
TheStreet.com
For those of you who like to play high-stakes poker, have I got a game for you.

Raese Says Utica Shale Will Make County Rich
The Intelligencer
Ohio County "is going to be wealthy and rich" as a result of Utica Shale development, according to Republican U.S. Senate candidate John Raese.

Chesapeake Energy selling Utica Shale land
Post-gazette.com
The natural gas and oil in Ohio’s Utica Shale is going to help Chesapeake Energy’s debt-ridden balance sheet — whether Chesapeake is the firm that extracts the fuels or not.

Fracking Test Sites?
WENY
Reports that Governor Andrew Cuomo could be bringing hydraulic fracturing to the Southern Tier earlier than expected brought people out to Binghamton this afternoon, and the move that could may be dangerous politically for the governor.

Assurances must precede tax break
The Citizens’ Voice
Gov. Tom Corbett faces a serious public relations and public policy problem while promoting one of the biggest industrial tax breaks in state history.

Councilman Wants Inventory of County-Owned Natural Gas
Essential Public Radio
Councilman Matt Drozd (R-District 1) has introduced legislation calling for an inventory of the county’s mineral resources, especially regarding the Marcellus Shale gas formation.

W.Va economy saw third-highest growth rate in 2011
Business Journal
West Virginia had the third-highest rate of growth in economic production of any state in 2011.

Shale rocks the world
Crain’s Cleveland Business
As development of the Utica shale in Ohio gains speed, it no longer can be considered only a local endeavor. Like the Barnett and Marcellus shale plays, the Utica shale development has gained exposure and captured the attention of researchers and stakeholders from other American states and from across the world.

S&P on shale natural gas’ effect on U.S. pipelines
Reuters
The burgeoning development of shale gas plays across the U.S. has changed the playing field for long-haul pipelines, according to a report published today by Standard & Poor’s Ratings Services titled "The Shale Gas Boom Is Shaping U.S. Gas Pipelines’ New Reality."