The standard operating procedure for groups opposed to Marcellus Shale drilling in New York State is to organize protests. The protests in Albany and other locations have been small in numbers, but those opposed have been “loud” in their opposition. Supporters of drilling, on the other hand, are taking a different approach. Instead of protest rallies, they arrange private meetings and go for small group discussions. That strategy was on display Wednesday in Albany:
City council members from Wellsburg, West Virginia, located in the panhandle area of the state (in Brooke County), on Tuesday voted to ban natural gas drilling and hydraulic fracturing both inside the city limits and outside city limits within a mile.
Ultra Petroleum’s growth continues to be double-digit, largely because of it’s Marcellus Shale gas drilling operations. From Ultra’s recent press release on first quarter activity we get the following Marcellus operational update:
EQT Corporation has just sold a gas pipeline in Kentucky for $390 million to Spectra Energy Partners so it can invest the money in Marcellus (and Huron) shale gas drilling. From EQT’s press announcement about the sale we also learn EQT is on track to drill 100 Marcellus gas wells this year. EQT has revised their projected shale gas output upward from 180 billion cubic feet equivalent (Bcfe) to 185-190 Bcfe for 2011, and expects output to grow to 250 Bcfe in 2012.
Heckmann Corporation, a water solutions company focused on water issues and, in particular, oil and natural gas exploration and production, has completed four acquisitions that substantially expand the Company’s water solutions for energy development business segment, including a major presence in the Marcellus Shale region. Within the past year, the California-based company has grown from 30 employees to over 750, and from $8.6 million in revenue for the first quarter of 2010 to $23.8 million for the first quarter of 2011.(1) Heckmann has a small but rapidly growing operational base in Pittsburgh for it’s Marcellus Shale operations.