DUG East Panelists Discuss the Critical Role of Sand in Drilling
Some interesting tidbits from a roundtable discussion at last week’s Hart Energy DUG East conference. The panelists included reps from Chesapeake Energy, Range Resources, Halliburton and Schlumberger. Really, the biggest of the bigs when it comes to producers and oilfield services companies in the Marcellus Shale. A lot of the discussion seemed to revolve around the lowly grain of sand. It may surprise you (as it did us) to learn just how much sand is now being used per well in the Marcellus/Utica…
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Although headquartered in Radnor, Pennsylvania (near Philadelphia), Penn Virginia Corporation is an oil and gas driller (i.e. “producer”, i.e., E&P company) with only a small presence in the Marcellus Shale: 21,700 net acres with no drilled wells. They concentrate on oil drilling the Texas Eagle Ford Shale play. MDN told you in March that Democrat billionaire corporate raider George Soros, one of the most vile big money investors in the world who has repeatedly damaged not only corporations but entire country’s economies, had taken a 9.1% ownership position in Penn Virginia in order to force it to sell and was doing exactly that (see
A researcher at Northwestern University, Dr. Fengqi You, believes he has found a way to make fracking more environmentally friendly by making some tweaks in the way things are done. Dr. You says first you need to remove trucks from the equation and use pipelines to get water to and from fracking sites. Second, You says don’t drill all of the wells at once in the same place–spread it out over time to reduce the impact on the environment. Finally, You says to recycle frack wastewater instead of trucking it to injection wells. Do those things, says Dr. You, and fracking is A-OK. There doesn’t seem to be anything particularly earth-shattering or new in You’s research. Or did we miss something?…