WPX Energy 2Q12 Results – Marcellus Production Up 21%
WPX Energy, the former upstream drilling arm of Williams spun out into its own company last year, has just reported their second quarter financial and operating results. WPX reports second quarter gas production from the Marcellus Shale is up 21% from the first quarter and continues to rise, although many of their drilled wells in the Marcellus are currently not producing because they’re waiting to be hooked up to pipelines.
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In the misguided attempt to ban hydraulic fracturing in New York, one town took their ban vote too far. MDN reported about the bone-headed vote by the Town of Avon (Livingston County, NY) on June 28 to ban drilling activity in the town with a broadly worded zoning ordinance (
MDN has written a number of times on the issue of “forced pooling,” which is the concept that a property owner can be forced to allow fracking under their land if a majority of their neighbors have signed leases and a driller wants to drill in a “unit” (usually one square mile or 640 acres) where the reticent landowner owns property.
The federal Environmental Protection Agency (EPA) issued a statement yesterday that they’re now officially finished with their investigation of Dimock, PA water wells. EPA testing of 64 wells in the area found elevated levels of arsenic, barium or manganese in four wells—all of those substances are naturally occurring. EPA has been delivering water to the four households, but since those households now have water treatment systems to fix the problem, as of August 6 the EPA will end all water deliveries. (Calling Josh Fox and Mark Ruffalo! We haven’t seen you in Dimock for a while. This is your last chance for another 2 hour visit/photo op. Better grab it while you can.)