Vandergrift, PA Threatens Seismic Mapping Co with Lawsuit
Ion GX Technology, a company that produces high fidelity underground maps, is attempting to produce a three-dimensional seismic map of the Marcellus formation over a 281-square-mile area (180,000 acres) covering nearly all of central and southern Armstrong County and crossing into parts of Westmoreland and Indiana counties. But they’ve hit a snag with the borough of Vandergrift (Westmoreland County), PA. Borough officials are concerned the technology used to create vibrations could potentially damage underground structures like sewer lines, so they’ve denied the company permission to test on public property.
GX, however, has tried to circumvent that denial by going direct to individual landowners to request permission, which has ticked off Vandergrift council members. The borough’s solicitor sent GX a letter telling them to “cease and desist” from trying to deal with private landowners in the borough under threat of a lawsuit. Sounds a bit dicey to tell a private company what it can and can’t do in private business transactions. The complication is, of course, if their activity did crack a sewer line…
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In March 2010, CONSOL Energy (Cecil, PA) paid Dominion Resources $3.5 billion for 500,000 acres of Marcellus Shale gas leases, instantly tripling their lease holdings. Since that time, CONSOL has continued to invest in Marcellus acreage and they now have 750,000 acres under lease. But CONSOL had a problem: Not enough money to develop their vast Marcellus acreage. So they did what is now a common practice—they found a partner to invest. Yesterday, CONSOL and Noble Energy (Houston, TX) announced that Noble will buy a 50 percent interest in 663,350 net undeveloped acres and fund drilling and completion costs in a deal worth $3.4 billion over an eight-year period.