An article on the Investors Business Daily website published yesterday chronicles how Cabot Oil & Gas has built a cash-generating asset (a virtual money machine) with their Marcellus Shale wells in Susquehanna County, PA. One of the analysts quoted in the article says the numbers for Cabot are “wildly economic,” and another wonders what they’ll do with [...]
Archive for 'Pennsylvania'
In early May, two wastewater treatment companies owned by the same person, Pennsylvania Brine Treatment and Hart Resource Technologies, were merged into one company called Fluid Recover Services (FRS). FRS was subsequently bought out by Aquatech (see Marcellus Wastewater Company Aquatech Buys Competitor FRS). FRS has become a new division within Aquatech headed by the former owner, [...]
Two Bradford County, PA men thought they’d make a quick buck by attempting to shake down Cabot Oil & Gas with fraudulent claims that Cabot had certain “environmental violations” in their Marcellus Shale drilling program in Susquehanna County, PA. The men wanted hush money from Cabot to go away. Instead, Cabot turned them in. The [...]
Finally! Somebody “gets it” when it comes to the issue of taxing and regulating the shale drilling industry. John Hanger, the former Secretary of the PA Dept. of Environmental Protection (DEP) under Ed Rendell, toes the liberal Democrat line that PA should jack up shale drilling taxes sky high and increase burdensome regulations in PA [...]
Cabot Oil & Gas has jumped on the natural gas-powered drilling rig bandwagon. Yesterday, Cabot announced they have begun using “field gas”–Marcellus Shale gas from the very wells they’re drilling–to help power the drilling rigs they’re using to drill for the gas. According to Cabot, this is the first time field gas has been used [...]
Listen up drillers and landowners in PA: Pennsylvania House Bill 1414 (copy embedded below) is making its way through the PA legislature. That bill, if passed, will require new reporting standards when it comes to calculating oil and gas royalties. From the ShaleEnergyLawBlog:
Yes ladies and gentlemen, it’s been entirely too long since the Marcellus Shale drilling industry has had a serious allegation of water contamination leveled against it, so it’s time to manufacture a faux “controversy” and attempt to smear the industry. Thank God for the AP and Scranton Times-Tribune, who will readily comply and do just [...]
GreenHuner Water has purchased seven facilities along rivers in PA, WV and OH where it hopes to open operations to barge either fracking wastewater or brine to other locations “down river” for disposal by injection wells. The latest barge facility purchase made by GreenHunter is in Wheeling, WV (see GreenHunter Buys Barge Terminal in Wheeling for [...]
Columbia Gas Transmission submitted applications to the Federal Energy Regulatory Commission last Friday to get approval for two pipeline upgrade projects to take advantage of the huge production coming from the Marcellus. In the case of one of the projects (Smithfield III Expansion), Columbia wants to reverse the flow of the pipeline and start sending [...]
Apparently John Hanger, former Secretary of the PA Dept. of Environmental Protection under Gov. Ed Rendell, wants to tax the successful Marcellus drilling industry in his state into being far less successful. He’ll do just that if he wins his bid to become PA’s next governor. The Washington, PA Oberver-Reporter supports his nutty philosophy as [...]
Huh. Talk about schizophrenia… A poll of Pennsylvania residents conducted by researchers at the University of Michigan and Muhlenberg College last fall
A fire broke out at a natural gas compressor station owned and operated by Williams in Brooklyn Township (Susquehanna County), PA last night.
The PA Dept. of Environmental Protection (DEP) is concerned enough about radioactivity in Marcellus Shale cuttings (leftover rock and dirt) they ordered
Cue hoedown music–it’s time to play Cecil Township Dysfunctional Family Feud! (Enter Richard Dawson kissing all the ladies.) MDN reported last week
Aquatech recently opened their third Marcellus Shale wastewater treatment plant in Tioga County, PA (see Aquatech Opens New PA Marcellus Wastewater Treatment Plant).
Because PA uses a flat per-well impact fee on shale drilling instead of a tax on the amount of gas that flows from the well, liberal Democrats in PA