Archive for April 10th, 2013

Chesapeake Puts 94K "Oily" Utica Shale Acres Up for Auction

As this issue goes to press, the Wall Street Journal and Fox Business is reporting that Chesapeake Energy has put 94,205 Utica Shale acres on the auction block. That’s nearly 10% of their remaining 1 million Utica Shale acres. This is not unprecedented. Last June Chesapeake put 337,000 acres on the auction block (see Chesapeake […]

Marcellus Region Contains Huge 33% of All U.S. Recoverable NatGas

The Potential Gas Committee (PGC), a private non-profit organization loosely affiliated with the Colorado School of Mines, performs a comprehensive study of potential supplies of natural gas in the United States every two years. The 2012 study has just been released and it’s truly astonishing. PGC says as of the end of 2012, the U.S. […]

Chesapeake Energy Well Fire in WV Does $8M in Damage

A fire at a Chesapeake Energy well site in Brooke County, WV on Monday destroyed five tractor-trailers and caused an estimated $8 million in damage. Fortunately, no one was injured. The details as we know them:

Non-Flammable Liquid Propane Used for 100% Waterless Fracking

An interesting press release from eCORP Stimulation Technologies was issued last week about a new patented innovation that allows the company to manufacture a 100% nonflammable propane fracking fluid. Propane fracking has advantages because it goes down as a liquid, does it’s work in breaking apart the rock, then evaporates to a gas and comes […]

GreenHunter 2012 Financials: Revenue Up, Net Loss Up More

GreenHunter Energy, a shale and fracking wastewater treatment company, released their 2012 financials on Monday. The headline they tout is that annual revenues were up a huge 1,444% in 2012 over 2011. However, total revenues for 2012 were just $17.1 million. Hey, we’ll give GreenHunter their due that the company is growing nicely, so hat’s […]

Beaver Falls, PA – Downriver from Youngstown Frackwater Dumping

An article in the Youngstown Vindicator asks the question of whether or not the illegal dumping of frack wastewater in the Mahoning River by D&L Energy owner Ben Lupo (see Youngstown Wastewater Dumper Pleads Not Guilty in Federal Court) has contaminated water supplies down river—particularly in Beaver Falls, PA. Beaver Falls gets its water from […]

Oneida County, NY Legislators Vote on Frack Ban Wednesday

It looks like the Oneida County, NY legislature is poised to ban non-existent fracking on county-owned land in a vote scheduled for 2 p.m. this afternoon. In one sense, this is an empty political gesture—Gov. Cuomo hasn’t approved fracking, so there’s nothing to ban. Plus, the proposed ban would only involve county-owned land, which is […]

100 “Americans Against Fracking” Badmouth Energy Nominee Moniz

It’s crunch time as President Obama’s pick to head the Dept. of Energy, Dr. Ernest Moniz, headed to his confirmation hearings beginning yesterday with U.S. Senators. More than 100 extremist anti-drilling "groups" have joined forces under the banner "Americans Against Fracking" (AAF) to throw verbal tomatoes at the good doctor. AAF sent a letter (full […]

Marcellus & Utica Shale Story Links: Wed, Apr 10, 2013

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

 

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