2 Dimock Families Suing Cabot O&G Settle Out of Court
Some big news that both Cabot Oil & Gas and the two families suing them seem to want to keep quiet: they’ve settled out of court. Brief background for those new to MDN and to the “Dimock” story: There were 14 families along the Carter Road area of Dimock Township, PA (Susquehanna County) that reportedly experienced turbidity in their water from methane migrating, supposedly from Cabot’s drilling operations nearby. The state Dept. of Environmental Protection (DEP) investigated in 2010 and declared Cabot guilty and imposed stiff fines and requirements, including a requirement to install permanent water treatment systems at each home and even an offer to each of the families to pay twice what their property was worth at the time (see PA DEP Takes Aggressive Action Against Cabot Oil & Gas over Dimock Township Methane Contamination). We won’t recount all of the twists and turns we documented over the years, including research that showed Cabot wasn’t responsible for the methane migration. All of the 14 properties either sold to Cabot or got their water systems repaired–except for two holdout families who were riding the horse of hope that they could sue Cabot for big money and retire millionaires. For a time, it appeared their plan worked. Last year, in March 2016, a trial took place in Scranton. It was a sham trial, with the lawyer for the two families engaging in borderline unethical practices in the courtroom in her attempt to influence the jury. One of the two families admitted, under oath on the witness stand, that their water had too much methane in it BEFORE Cabot Oil & Gas began to drill nearby. The same family, the Elys, later built a 22-room, $1 million mansion on the same property AFTER they admit there was trouble with the water. And yet the jury found Cabot at fault and awarded the Elys $2.75 million. The other family suing Cabot got $1.49 million (see Dimock Jury Levies $4.24M Judgement Against Cabot in Dimock Case). The verdict was obviously brain dead and a federal court judge threw the verdict and judgement out, saying a brand new trial would have to take place (see Fed Court Overturns $4.2M Dimock Judgement Against Cabot O&G). There will now be no new trial. Last week both sides settled the case “amicably”–whatever that means. We’ll tell you what it means. It means Cabot paid big bucks to make it all go away–although they won’t admit it…
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Reuters ran a story yesterday quoting an analyst with Tudor Pickering who says he thinks Chesapeake Energy is actively considering a sale of some (most? all?) of its Marcellus and Utica Shale assets, as a way of helping raise $2-$3 billion which the company previously said it would raise from asset sales this year and next. Idle speculation? Perhaps. There’s no doubt Chesapeake has a real jewel in its Utica and Marcellus acreage–built by Aubrey McClendon back in the day. Would Chessy really consider selling it? The Tudor analyst says yes, because these days the company is concentrating on oil drilling and production more than gas. But is that really true?…
Yesterday we brought you the “Top 10” drillers in southwestern Pennsylvania, as ranked by the number of permits issued (see
Two serial, paid protesters, along with a landowner and her daughter have sued Sunoco Logistics and parent company Energy Transfer for breaching their constitutional rights. You may recall our story about the daughter of a Huntingdon County, PA landowner, radicalized by Big Green groups (as evidenced by her association with well known protesters previously arrested), who took to a tree on her mom’s property in March 2016 in order to illegally stop crews working on tree clearing for the Mariner East 2 pipeline (see
Last week MDN told you about a visit by Pennsylvania Gov. Tom Wolf to Wyoming and Susquehanna counties in northeastern PA (see
The good news is that any number of severance tax proposals in Pennsylvania are still “stalled” and going nowhere fast. The bad news is that there still is not a finalized budget. Republicans have no one to blame but themselves. They passed an unbalanced, whopping $32 billion state budget plan months ago–without a way to pay for it all. Which has set up extreme pressure to adopt new taxes, including a severance tax and gross receipts tax. It appears that the GRT is dead, but the severance tax is not yet totally dead. Why? Because House Speaker Mike Turzai continues to hold the line–preventing a floor vote on the severance tax. Pin a medal on that man! Elect him as your next governor! He knows how to lead. However, since the severance tax is not totally dead (yet), we feel it’s necessary to keep talking about it. We’ve heard from some MDN readers who ask, “Why not adopt a small severance tax? It’s not all that bad, is it?” Yes! It is bad! And the Commonwealth Foundation (of PA) tells us why…
Over the past few years MDN has tracked the progress of 4 LNG export plants planned for the eastern shore of Nova Scotia. Two of those projects appear to have life–the Bear Head LNG project (
For years Hollywood celebrities and those who want to be celebrities have lied and spread fake news about fracking. Some of the more colorful attempts have come from the likes of the singularly untalented Julian Lenon and stepmom Yoko Ono “singing” (if that’s what you call it) the song “Don’t Frack My Mother” (see
The “best of the rest” – stories that caught MDN’s eye that you may be interested in reading. In today’s lineup: PA rig count steady; battle for the pipelines – the Agency strikes back; fracking an “answer to prayer” in OH; Manchin tells WV to stay in state for energy jobs; Shell cracker plant already spurring local development, loans; NC Senators urge FERC to approve Atlantic Coast Pipe; natgas boom has led to cleaner air; Farmer’s Almanac winter forecast bullish for natgas prices; Tesla’s high-priced electric cars can’t compete with fracking; fracking proof that “God…loves us,” says Sec. Interior; and more!