Hydraulic Fracturing 141 - Marcellus Drilling News

Ernst & Young’s Analysis of Ohio Proposed Severance Tax

May 18, 2012May 18, 2012

Yesterday MDN wrote a story about a newly released study by Ernest & Young that purports to show that Ohio’s oil and gas taxes are the lowest in the country, and would remain the lowest even if Gov. John Kasich’s plan to boost those taxes were to be adopted (see this MDN story). MDN stated that we could not find a copy of that study to review the data. Thanks to two intrepid MDN readers, we now have a copy (embedded below).

Hydraulic Fracturing | Industrywide Issues

UK Gives Fracking the Green Light

May 17, 2012May 17, 2012

It seems a lot of today’s news is about fracking, so here’s one more story about fracking—not Marcellus or Utica related—but important all the same. Our ultra-environmentally conscious friends from across the pond have decided that fracking is a safe technology. Take note Vermont!

From a press release issued by British Gas:

Hydraulic Fracturing | Industrywide Issues

NC Law to Legalize (and Encourage) Fracking Advances

May 17, 2012May 17, 2012

In contrast to closed-minded Vermont (see this MDN story), North Carolina and its Democrat governor are also considering adopting new legislation with regard to hydraulic fracturing—but North Carolina’s legislation would make fracking legal, not ban it.

Hydraulic Fracturing | Industrywide Issues | Regulation

Vermont Becomes First State to Ban Fracking

May 17, 2012May 17, 2012

In a purely symbolic gesture, Vermont has become the first (and likely only) state in union to ban hydraulic fracturing. Gov. Peter Shumlin signed the law yesterday with a crowd of grade school students from Twinfield Union School who have been brainwashed by their teachers into thinking fossil fuels are evil. The ban is symbolic because there is no oil or gas underneath Vermont to drill for.

Hydraulic Fracturing | Industrywide Issues

Canadian Mutual Fund Joins Activists Targeting Shale Gas

May 17, 2012May 17, 2012

Canadian mutual fund giant NEI Investments has joined the Investor Environmental ~~Mafia~~ Health Network (IEHN) of activist investors calling on drillers to adopt “industry-wide standards for shale gas drilling.” (See this MDN story for a background on the IEHN.)

Economic Impact | Hydraulic Fracturing | Industrywide Issues | Jobs

Behold the Power of Shale Fracking: ND Now #2 US Oil Producer

May 16, 2012May 16, 2012

ribbon - 2nd This is technically not a story about the Marcellus or the Utica Shale. But it’s just as critical. North Dakota has just officially become the number two producer of oil in the United States, displacing Alaska for that spot. Texas still leads with the most oil production.

How on earth as ND become number two? It’s simple: shale and the miracle of hydraulic fracturing. What’s even more startling is that as recently as 1999 ND had zero drilling rigs and oil drilling in the state was dead. Just 13 years later, it’s number two in the nation. The importance of this cannot be overstated.

Accidents | Hydraulic Fracturing | Industrywide Issues | Pennsylvania | Statewide PA

UB Study Released on Environmental Problems in PA Drilling

May 16, 2012May 16, 2012

A peer-reviewed 52-page study released yesterday by the new natural gas institute at SUNY University at Buffalo (UB) finds that environmental problems caused by Marcellus Shale gas drilling in Pennsylvania were isolated, mostly minor and on the decline (a copy of the full study is embedded below).

The study analyzes the data from more than 3,533 Marcellus wells drilled since 2008 in PA by over 100 drilling rigs. The study makes the following conclusions, including assigning a percentage probability for how likely it is for a major environmental event to occur:

Hydraulic Fracturing | Industrywide Issues | Ohio | Trumbull County

American Rivers Yearly Fundraiser/Most Endangered Rivers List

May 16, 2012May 16, 2012

The anti-drilling American Rivers, an organization with a lofty Americana name but with a hard left environmentalist agenda, issues their “top 10” most endangered rivers list each year about this time. It’s an amusing exercise because the list rarely contains any of the same rivers on it from year to year. This year’s list is no different—and of course one of the targets of the list is shale gas drilling.

Hydraulic Fracturing | Industrywide Issues | New York | Public Opinion | Statewide NY

Siena College Poll – New Yorkers Remain Split on Fracking

May 16, 2012May 16, 2012

Siena College Research Institute runs regular polls of New Yorkers to gage their opinion on a variety of topics. One of the long-running topics they poll on is whether or not New York should allow hydraulic fracturing to move forward. The latest Siena poll was just released today. The full breakout is embedded below. Here’s how Siena interpreted the results in their press announcement:

MDN Analysis of Rig Counts in Marcellus/Utica

May 15, 2012May 15, 2012

Drilling rig counts are closely watched as an indicator of where, and how much, drilling is happening in a given geography. Last Friday, Baker Hughes reported that rig counts for Pennsylvania continue to decline from a year ago, while the numbers for West Virginia are going up. But that doesn’t quite tell the whole story.

Marcellus & Utica Shale Drilling – Coming to Erie, PA

May 15, 2012May 15, 2012

At a seminar in Erie, PA for manufacturers and other companies interested in becoming suppliers to the shale gas industry, Marcellus Shale Coalition president Kathryn Klaber told attendees that it’s just a matter of time before Marcellus and Utica Shale drilling comes to their area.

EPA’s Final Batch of Testing for Dimock Water Wells Released

May 14, 2012May 14, 2012

clean drinking water On Friday the federal Environmental Protection Agency (EPA) released its results of testing for the fourth and final batch of water wells in Dimock, PA. The results are the same as the first three batches: There is and has been no contamination of the area’s water supply by chemicals from nearby hydraulic fracturing of Marcellus Shale gas wells.

Chemung County | Hydraulic Fracturing | Industrywide Issues | New York | Regulation

Another New York Town Considers Fracking Ban

May 11, 2012May 11, 2012

Yet another New York town, this one squarely in the Marcellus Shale “hot zone” of the Southern Tier area (Chemung County), is considering a ban on fracking if the state moves forward with allowing it.

Hydraulic Fracturing | Industrywide Issues

Study of Fracking Released by Irish EPA

May 11, 2012May 11, 2012

The Irish Environmental Protection Agency (EPA) today released a report, a “preliminary study” that seeks to gather up what is known, and not known, about hydraulic fracturing. The 26-page study (full copy embedded below) was authored by Dr. David Healy from the University of Aberdeen’s School of Geosciences. Titled “Hydraulic Fracturing or ‘Fracking’: A Short Summary of Current Knowledge and Potential Environmental Impacts,” the study provides a good general backgrounder on what hydraulic fracturing is, how it works, and the main issues and objections to its use.

The main findings of the study are set out under three headings: (1) potential environmental impacts, (2) regulatory approaches used in other countries and (3) establishing best practice. Ireland has not seen fracking of any kind, but expects it may happen in Ireland within the next few years, hence this report and another that is planned.

A summary of the report’s findings:

Hydraulic Fracturing | Industrywide Issues | Pennsylvania | Statewide PA | Wastewater

NRDC Releases Report Critical of PA Fracking Wastewater

May 11, 2012May 11, 2012

Advocating for stricter government controls, the National Resources Defense Council (NRDC) earlier this week released a “comprehensive review” of how fracking wastewater is handled in Pennsylvania’s Marcellus Shale with recommendations for how it can be handled better. The NRDC says that the current methods of wastewater disposal are not adequate to protect drinking water supplies, and present a risk to the health of both humans and animals. A copy of the report is embedded below.

From the NRDC press release:

Altoona Scores a New Pump Plant for the Marcellus

May 11, 2012May 11, 2012

Gardner Denver, a 150 year-old global manufacturer of industrial compressors, blowers, pumps, loading arms and fuel systems has a new manufacturing facility to add to the 40 it already owns around the world. The new 70,000 foot facility is located at Tipton, near Altoona, PA. The new plant will manufacture and repair pumps used in hydraulic fracturing in the Marcellus Shale. Gardner Denver expects to employ 100 people at the new plant within a year.

But why locate the plant in Altoona, where there’s very little nearby drilling?