CONSOL Energy has just released an operational update which includes an update on its shale gas drilling operations in Pennsylvania and West Virginia:
The Municipal Authority of Westmoreland County, PA will start a new water testing and monitoring program for the Beaver Run Reservoir which supplies water to about 150,000 residents. CONSOL Energy has 100 shallow gas wells on municipal property near the Reservoir, and is starting to drill Marcellus Shale wells. The new water testing program is [...]
There was a lot of speculation in 2009 about a fish kill over a 30-mile stretch of Dunkard Creek in West Virginia. We now know that the cause was leakage from coal mines. But early on, wild theories were being spun. Our favorite was that the algae killing the fish, which grows only in salty [...]
CONSOL Energy had a banner year in 2010 for natural gas discovery and production. CONSOL’s daily production of shale gas nearly tripled in 2010 from 2009, in large part due to their acquisition of Dominion Resources. From a recent press release we get these numbers:
A bone-headed move by Pennsylvania’s top Senate Republican: The state Senate president, a key player in the debate over natural-gas drilling in Pennsylvania, accepted a free trip from one of the state’s largest energy companies to see the Pittsburgh Steelers play in the Super Bowl. Senate President Pro Tem Joe Scarnati, R-Brockway, had his ticket, [...]
Highlights from the CONSOL Energy quarterly earnings report as it touches on their operations in the Marcellus Shale: On March 15, CONSOL Energy announced a $3.475 billion acquisition of the Appalachian gas exploration and production business of Dominion Resources. We expect to close the transaction tomorrow. The assets include approximately 1 trillion cubic feet of [...]