Radioactive Frack Waste Regs Coming Out of the Ohio Budget Bill
Three Ohio state agencies requested a change in the way the state regulates and disposes of drilling waste that contains naturally occurring radioactive materials (NORM) and technologically-enhanced naturally occurring radioactive materials (TENORM). So new provisions were added to, of all things, the Ohio budget bill. Will politicians never learn?
Looks like the radioactive waste regulations are coming out of the budget bill and will instead be combined into their own, standalone bill. But that won’t happen until sometime this fall…
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As this issue goes to press, the Wall Street Journal and Fox Business is reporting that Chesapeake Energy has put 94,205 Utica Shale acres on the auction block. That’s nearly 10% of their remaining 1 million Utica Shale acres. This is not unprecedented. Last June Chesapeake put 337,000 acres on the auction block (see
At the recent winter meeting of the Ohio Oil and Gas Association, OOGA presented the DeBrosse Memorial Report: 2012 Oil and Gas Activity in Ohio. Chock-full of interesting charts and maps showing who drilled wells in Ohio, where they drilled them and how far (distance) the wells were drilled, the report (full copy embedded below) is a must-read if you have an interest in the Utica Shale.
Yesterday morning the new acting CEO of Chesapeake Energy, Steve Dixon, delivered his first investors talk as CEO. One of the primary parts of that talk—indeed we would say the centerpiece—were remarks about the Utica Shale and its importance for Chesapeake as they move forward. According to Dixon, Chesapeake’s production in the Utica for 2012 will show lower numbers than otherwise possible because of lack of pipelines and processing plants. Dixon says that will soon change, and so too will their production numbers.