Marcellus & Utica Shale Story Links: Tue, Apr 10, 2012

The “best of the rest” – stories that caught MDN’s eye that you may be interested in reading:

Compressor stations up for discussion in Wyoming, Susquehanna counties
The Citizens’ Voice
State regulators will hold two meetings in the next week to gather public comment on five natural gas compressor stations proposed in Wyoming and Susquehanna counties.

Drill, baby, drill has worked in West Virginia
Charleston Daily Mail
Just four years ago, natural gas prices were so high that people across the country were complaining.

Chesapeake Energy: Naked Risk Management
Seeking Alpha
As discussed in our previous post , Chesapeake Energy is one natural gas producer taken the road less traveled by entering 2012 "naked" with none of its gas volumes hedged, betting that gas prices would rise.

BP outlines drilling plans
A short drive to Salem starting today will set 1,954 owners of some 84,000 Trumbull County acres on a lifelong journey that is expected to take much of the Mahoning Valley’s economy along for the ride.

Area Primed For New Drilling
The Intelligencer
Natural gas drilling throughout much of the nation is slowing due to an overabundance of gas supplies, industry analysts are reporting.

W.Va. gas firm dismissed from drilling lawsuit
Weirton Daily Times
A federal judge has dismissed Glenville-based Waco Oil and Gas from a lawsuit that a Marion County man filed over plans to use his property for deep, horizontal wells that would drain natural gas from his neighbors’ reserves.

Special FB briefing will focus on issues impacting landowners with older leases
"I have an old oil and gas lease on my property. How will this impact my family during the current shale drilling boom?" County community leaders and interested residents are invited to attend a special briefing exploring older lease issues and options, sponsored by the Farm Bureau.

BP Meets with County Officials, Met By Protesters
WYTV Youngstown
British Petroleum recently announced a huge $330 million investment in Trumbull County, buying up 84,000 acres of land from the Associated Landowners of the Ohio Valley to be leased for oil and gas drilling.

Invest In Natural Gas, Commodity Of The Future
Seeking Alpha
As gas prices continue to maintain their high levels, consumers are growing tired of surrendering their hard-earned money at the pump.

Survey: Finding the Stark County shale ‘sweet spots’
Ohio’s gas and oil boom continues and some new information from geologists has put one local county on the map.

Drilling protest
At least two dozen protesters from Trumbull and Mahoning counties marched across Mosquito Lake Dam and up to the state park offices Saturday, calling attention to what they described as potential dangers with gas well drilling near the source of drinking water.

Dogma crumbles as Kasich fights party to tax drillers
Pittsburgh Post-Gazette
After ousting Ohio’s Democratic governor in 2010 by promising a "business friendly" climate, Republican John Kasich on March 14 called for higher taxes on oil and gas drillers and environmental rules that his administration says no other state requires.

Ohio’s oil and gas industry emerging as a big player in the political process
The frenzy of activity surrounding the energy-rich shale deposits changing the face of Eastern Ohio has also begun pumping up Ohio’s oil and gas industry into a lobbying heavyweight.