A question often asked of MDN editor Jim Willis by small and medium sized business owners and managers is this: How can we do business with the drilling industry? That is, how can we plug into the drilling industry supply chain?
A new study (embedded below) released by the University of Pittsburgh’s Institute for Entrepreneurial Excellence aims to answer just that question. The study, titled “Understanding the Marcellus Shale Supply Chain,” outlines how the natural gas industry in Pennsylvania works, and how companies can plug into that system to provide goods and services.
Bloomberg news service reported yesterday that Chesapeake Energy is in advanced talks to sell its midstream subsidiary, Chesapeake Midstream, to Global Infrastructure Partners for $4 billion. Chesapeake Midstream operates not only in Texas and Louisiana, but also in the Pennsylvania Marcellus Shale.
Arguments in the lawsuit brought by seven Pennsylvania townships and a handful of individuals against the state over newly passed drilling legislation known as Act 13 were heard in PA Commonwealth Court yesterday in Harrisburg. The towns are suing to overturn a portion of the Act 13 law which eliminates most of zoning rights of PA towns when it comes to zoning oil and gas drilling (see this MDN story for background).
So how did it go? Depends on who you ask.
A helpful (?) infographic in the Pittsburgh Post-Gazette shows the breakdown of where the new Marcellus Shale impact fee being collected in Pennsylvania will go, by county and by the townships within those counties.
Several bills that deal with hydraulic fracturing are making their way through the legislature in Albany, but with only eight days left in the legislative session for 2012, it’s not at all assured any of them will pass. The bills range from stricter control of fracking wastewater to an outright ban on fracking in the state—and everything in between.
A new partisan effort is under way to pressure New York Gov. Andrew Cuomo to just keep the hydraulic fracturing moratorium in place for another year, and another year, and another year…
This effort is to get elected officials throughout the state to sign a letter which asks Cuomo to keep the moratorium in place, “until analyses have thoroughly and properly evaluated the potential health, economic, and cumulative environmental impacts on local communities.” Of course that very analysis has been going on now for four years, so may we presume another four years or more is what they’re asking for?
So far, the “letter” (which is really a website with a form on it) has 306 signatures (as of June 7) from elected representatives—everything from town clerks to county legislators to mayors—virtually of them Democrats.
You can find the letter and the list of signatories (people you should vote out of office), here: //www.nyelectedofficials.org/.
The Marcellus Shale Coalition (MSC), a Pennsylvania-based industry group, has just launched a new outreach website targeted at PA residents living in the greater Philadelphia area. Called AskAboutShale.org, the site intends to solicit questions from residents in southeastern PA and then answer those questions using facts and science.
From the MSC press release:
C&J Energy Services, an oil field services company providing hydraulic fracturing, coiled tubing and pressure pumping services to drillers, announced yesterday they have bought out another oil field services company—Casedhole Holdings—for $272.5 million in cash. Casedhole provides cased-hole wireline services including logging, perforating and pipe recovery.
C&J gets two things from the deal: A complimentary new set of services it can offer to its existing customers, and expansion into new territories where it currently does not operate, including the Marcellus and Utica Shale region.
The “best of the rest” – stories that caught MDN’s eye that you may be interested in reading: