Archive for 'Cabot Oil & Gas'
A group of more than 60 residents in the Dimock, PA area sued Cabot Oil & Gas in 2009 claiming they had been exposed to pollution as a result of hydraulic fracturing in the area. The lawsuit wants Cabot to pay for medical monitoring as part of the settlement, but they refused to allow Cabot [...]
Dimock, PA has been a rallying cry for many who oppose shale gas drilling. For those with only a peripheral knowledge of the struggle, the word Dimock conjures up an image of nasty hydraulic fracturing fluids seeping into ground water supplies and contaminating them so they are now undrinkable by humans or animals. But such [...]
Who are the biggest producers of Marcellus shale gas in Pennsylvania so far this year? Below is the list of the top seven as compiled from production numbers by the Pittsburgh Business Times. The following are production numbers for January to June 2011 in Pennsylvania.
New York’s anti-drilling Attorney General, Eric T. Schneiderman, continues to target the shale gas industry. On May 31, he filed a lawsuit in federal court seeking to force the federal government to conduct a full environmental review of hydraulic fracturing before the Delaware River Basin Commission be allowed to permit drilling in its jurisdiction (see [...]
Houston-based Cabot Oil & Gas just released its quarterly operations update. Cabot reports the following about its operations in the Pennsylvania Marcellus Shale region:
An editorial in the Charleston (WV) Daily Mail takes the city of Morgantown, WV to task for banning hydraulic fracturing both in and outside of its borders as “nonsense” that should be overturned by a court. The interesting part of the editorial (for MDN) is the opening statement which is a good indicator of the [...]
Cabot Oil & Gas recently boosted it’s daily output of natural gas from the Marcellus in Northeastern PA by a full 35 percent in just 24 hours when new sections of a compressor station went online. Cabot is now producing 420 million cubic feet (Mmcf) of natural gas per day from the Marcellus—up from 310 [...]
When the Pennsylvania Department of Environmental Protection (DEP) recently told Marcellus Shale drillers in the state to stop hauling wastewater from fracking to municipal sewage treatment plants that are not equipped to fully treat the wastewater by May 19 (see MDN story here), they all committed to comply and indeed did comply. But the federal [...]
In an interesting (some would say hypocritical) twist on New York State’s moratorium against drilling in the Marcellus Shale because of environmental concerns, it seems the state’s comptroller has no problem investing some of the state’s huge $140 billion pension fund in shale gas drilling operations, to the tune of $1 billion:
An in-depth article that takes a look at fines for Marcellus Shale drillers in PA finds the following:
More gleanings from year-end financial statements from drilling companies, this time from Cabot Oil & Gas and Penn Virginia Corporation. Of note, Cabot talks about the “prolific nature” of their 44 Marcellus gas wells, and Penn Virginia will drill their second Marcellus gas well in 2011 as they continue to shift their resources to the [...]
A group of investment managers who belong to an organization called The Investor Environmental Health Network have banded together (some might call it collusion) to put pressure on energy companies who engage in natural gas drilling by using hydraulic fracturing. Their aim? To stop fracking of course, but that’s not what they say in their [...]