What do we know about the gas well blowout that occurred on June 3rd? EOG Resources had almost completed drilling and fracking a gas well in Clearfield County, Pennsylvania when a blowout (too much pressure too fast) occurred. Here is the chronology of events: The month long drilling operation [in Clearfield County] ended on March [...]
I suppose the headline of this post may have you saying, “It doesn’t take a genius to figure that out.” But how, exactly, does the spot price for natural gas relate to drilling activity? Can we quantify it? Let’s try. In a recent article on an investment blog called Energy & Capital, author Keith Kohl [...]
Three Jay Township supervisors have voted to deny access to water to EOG Resources for drilling in Elk County, Pennsylvania. EOG had requested access to the Bennetts Branch of the Sinnemahoning Creek by driving across township-owned land, specifically near a ball field. According to the Courier-Express/Tri-County Sunday (DuBois) newspaper: During Thursday’s Jay Township Supervisors meeting, [...]
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