Archive for 'East Resources'

East Resources Responds to Unflattering WSJ Article on Violations

On Monday, the Wall Street Journal published a story titled “As Big Drillers Move In, Safety Goes Up.” The premise and tone of the article is that in the early days of Marcellus Shale drilling, there were many smaller, less-experienced companies drilling in the Marcellus–companies not as safety conscious and careful as the big boys. [...]

Foreign Investment in America’s Shale Gas: Is it Good or Bad?

One of the main arguments in favor of Marcellus shale gas drilling is that America can become more energy independent—less dependent on the energy (oil and gas) from other countries. It is an argument that strikes a chord with many Americans. The argument also goes that much of the gas produced in the region will [...]

East Resources Sells to Royal Dutch Shell for $4.7 Billion, Deal Includes All of East’s Marcellus Shale Operations

East Resources, a major drilling company in the Marcellus Shale, especially in Pennsylvania, is selling itself to Royal Dutch Shell for a whopping $4.7 billion. From drilling a single horizontal Marcellus Shale gas well in 2009, East has drilled some 75 horizontal wells in the past 12 months. East did have plans to drill 6,000-7,000 [...]

Marcellus Shale Companies in Pennsylvania Looking to Fill Jobs and Contract with Local Businesses

Companies involved in drilling, processing and transporting Marcellus Shale gas in Pennsylvania are looking to contract with local businesses and hire local people to work for them. On the list are… Contractors for: clearing land constructing well pads setting up rigs running wirelines hauling waste hauling dirt mechanical work civil work electrical work environmental surveyors [...]

National Fuel Does Pipeline Deal with Statoil and East Resources to Move Marcellus Shale Gas to Canadian & Northeast US Markets

National Fuel has struck a deal with Statoil and East Resources and is expanding two pipelines to handle Pennsylvania Marcellus Shale gas, sending it to markets in Canada and the Northeastern U.S. The announcement says National Fuel will build 16 miles of new pipeline from Corning, NY to Tioga County, PA, and construct a new [...]

Marcellus Driller Funds Water Monitoring Program in Susquehanna River Basin

As Marcellus Drilling News previously noted, the Susquehanna River Basin Commission is in the process of placing 30 monitoring devices to track the effects of Marcellus drilling wastewater that enters area waterways. We now learn the program is being funded by the drilling industry itself: The commission used a $750,000 grant from natural gas company [...]

East Resources Donates $50K to Tioga County, PA 4-H in Goodwill Gesture

East Resources, an independent oil and gas drilling company with a big stake in Tioga County, Pennsylvania, has just donated $50,000 to the Tioga County 4-H. East Resources, Inc. today signed an agreement with Penn State’s Cooperative Extension Service to create a new 4-H endowment fund for Tioga County. East created the endowment with an [...]

East Resources Predicts 6,000-7,000 New Wells for Tioga County, PA in Next Few Years

Williamsport Sun-Gazette (Feb 18) New ventures in natural gas may take Tioga County from ‘rags to riches’ An influx of people and jobs will lead to a boon in economic growth for Tioga County, Pennsylvania, according to an article in the Williamsport Sun-Gazette. Local resident Ed Trask is setting up a Community Education Team to [...]

 

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