Chesapeake Energy | Energy Companies | Industrywide Issues | Lease & Royalty Payments | Litigation | Ohio | Statewide OH
Ohio Landowners Lose Royalty Lawsuit Against Chesapeake Energy
A group of Ohio landowners sued Chesapeake Energy in 2015 in a class action, alleging that Chesapeake had shorted them on royalty payments (see OH Landowners File Royalty Class Action Lawsuit Against Chesapeake). Four long years later and an Ohio federal judge ruled yesterday…in favor of Chesapeake.
Read More “Ohio Landowners Lose Royalty Lawsuit Against Chesapeake Energy”
Our good friend Charlie Schliebs, managing director of 
EQT Corp. is offering to sublease “more space” at its downtown Pittsburgh headquarters building. Back in April, before the change in leadership at the top, EQT offered up to 46,000 square feet of space to lease at its massive 250,000 square foot building known as EQT Plaza, located at 625 Liberty Ave. (see 
Two very important (perhaps we should say critically important) cases now sit before the U.S. Supreme Court–cases that have a direct bearing on the Marcellus/Utica region. Both cases deal with pipelines. The first case we’ve written about before: Dominion Energy’s Atlantic Coast Pipeline case to overturn a nutty decision by the U.S. Court of Appeals for the Fourth Circuit that judicially creates a new law that pipelines can’t cross under the Appalachian Trail without (no kidding) an Act of Congress. The other case involves the Hoopa Valley Indian Tribe in California–a case that has profound implications for the Constitution Pipeline from Pennsylvania into New York.
Superior Energy Services serves the drilling, completion and production-related needs of oil and gas companies worldwide through a number of subsidiaries including Wild Well Control, International Snubbing Services, and SPN Well Services. The New York Stock Exchange (NYSE) warned Superior in August that its share price had fallen below $1/share for more than 30 consecutive days and was in danger of delisting. Superior said at the time they have a plan to boost the per-share price. However, NYSE delisted their stock as of last Friday (six weeks later) and the stock now trades over-the-counter.
It’s time for the oil and gas industry (i.e. fossil fuels) to begin fighting for our right to exist. Irrational fossil fuel haters like Bernie Sanders and Elizabeth Warren utter the most outrageous lies and pledge to ban fracking nationwide. It’s now time to go on offense–to respond and set the record straight. It’s time to tell the truth about fossil fuels and the vital role they play now, and will play for years to come. A newly-formed group called The Empowerment Alliance (TEA) is doing just that.
OTHER U.S. REGIONS: $8.5 billion natural gas liquefaction facility coming to Plaquemines Parish; NATIONAL: What to do about Chesapeake Energy’s wild two weeks; Ethane prices may rise with steam-cracker demand, but not much; INTERNATIONAL: Trump seeks partners not “permanent enemies” ahead of U.S.-China talks; Qatar Petroleum eyes new long-term LNG deals as expansion progresses.