Stone Energy Corporation yesterday announced its planned capital budget spending plan for 2012. Stone’s projected capital budget is $625 million for the year, of which it plans to spend 30 percent (or $187.5 million) on drilling in the Marcellus Shale.
Magnum Hunter Resources and Stone Energy yesterday announced a joint venture combining their leased Marcellus acreage in Wetzel County, WV, some 1,925 acres, with the stated objective of drilling 19 new horizontal Marcellus Shale wells in the next two years. From the press release:
The City of Philadelphia is voicing their concerns to the Delaware River Basin Commission (DRBC) about Stone Energy’s request to hydraulically fracture two previously drilled wells in Wayne County, PA. Stone has also made a request to the Commission to withdraw up to 700,000 gallons of water from the West Branch of the Lackawaxen River [...]
On Wednesday, Feb. 24, the Delaware River Basin Commission will hold a public hearing in Matamoras, PA on two applications from Stone Energy Company. The first application is a request to withdraw 700,000 gallons of water a day from the West Branch of the Lackawaxen River in Mount Pleasant Township, Wayne County, PA. The water [...]
Loading ...