WPX Completes $200M Sale to Still-Unnamed Buyer in NE Marcellus
Earlier this month MDN told you that WPX Energy had sold contracts and contracted capacity to buy and sell natural gas on on Transco’s Northeast Supply Link pipeline for $200 million to an undisclosed buyer (see Mystery Buyer to Pay WPX Energy $200M for NE Marcellus Assets). We told you our best guess for who the buyer likely is: Southwestern Energy, the same company that just completed purchasing WPX’s leases and wells in Susquehanna County in February for $300 million (see WPX Finalizes Sale of NEPA Marcellus Leases/Wells to Southwestern). Yesterday WPX issued a press release to say the deal is now done and the money in the bank–but they still don’t/won’t name who the buyer was…
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Finally some real, honest, independent research into the effects of shale drilling on air quality has just been published in the peer reviewed journal Environmental Science & Technology. Researchers from Drexel University published the results of air quality research titled “Atmosphere Emission Characterization of Marcellus Shale Natural Gas Development Sites” (full copy below). Rather than focus solely on the release of methane as a global warming concern, the Drexel researchers looked at volatile organic compounds and other pollutants that are a true health concern for people living close to drilling sites and compressor stations. The researchers took measurements using a more accurate instrumentation/methodology than other studies have used and they collected 17 samples at 13 sites including wells, drilling rigs, compressor stations and processing areas. This kind of research is long overdue. What did they find?…
The mask has been ripped off fractivist liars peddling what they pretend is science–and it’s been ripped off by mainstream media outlets including the Associated Press, USA Today, the International Business Times and (yes) The New York Times. Let us explain. Last week MDN brought you a story about a new research study that was ostensibly authored by Penn State researchers which found, using “non-traditional” methods of research, that wastewater leaking from an above-ground impoundment had migrated up to a mile and a half away and had contaminated three private water wells in PA–five years ago (see