WVU Prof: Methane in Water Supplies is Not from Fracking
Dr. Shikha Sharma, an assistant professor at West Virginia University and the lead researcher of a new WVU study looking at the source of methane found in water supplies (see this MDN story), says those who think that hydraulic fracturing is the cause of methane found in their water supply may be wrong. And she can prove it—scientifically.
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Chevron is the latest large energy company to purchase leases in the Ohio Valley for shale gas drilling. Recently, Hess paid $1.34 billion to acquire acreage in eastern Ohio, and Exxon Mobil subsidiary XTO Energy is now signing up landowners in Belmont County, OH for Utica Shale drilling (
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.
For some time now, MDN has covered the hydraulic fracturing ban passed by the city of Morgantown, West Virginia (