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NY Landowners Sue Inflection Energy over Force Majeure

force majeureA group of 18 Tioga County, NY landowners have sued Inflection Energy to overturn Inflection’s “force majeure” claim to extend the lease on their collective 1,200 acres. A force majeure clause is written into most gas lease contracts. It means a driller can automatically extend the length of the lease if there are unforeseen events that hinder the terms of the contract—in this case commencement of drilling—from happening.

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Where was PA’s Top Producing Marcellus Well in 2011? Dimock

The Pennsylvania Department of Environmental Protection released new gas well production data on Friday for the second half of 2011. Gas production was up an aggressive 40 percent in the second half of the year. PA now produces more gas than they consume, making the state a net exporter of natural gas.

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Northeast PA Starting to Feel the Dry Gas Drilling Slowdown

The decision by Chesapeake Energy and other drillers to reduce drilling in dry gas (methane only) areas and instead concentrate on wet gas (natural gas liquids) areas is already having an impact on Pennsylvania’s northeastern counties where drilling last year was extremely active. Rig counts are going down, and with them, the amount of drilling activity goes down. It ultimately impacts the local economy in those areas, as noted in a recent Scranton Times Tribune article.

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