Small Fracking Co Leaving OH Utica, Heading South of the Border
It hardly seems worth mentioning, but we will anyway. Oilfield services company GoFrac LLC once had great hopes for the Utica Shale. GoFrac does frack jobs. Think of the company as a very (very) small Halliburton or Schlumberger. The company is based in Texas but a few years ago bought 90 acres in Cambridge (Guernsey County), OH with high hopes of hiring 250 people to work in the fracking fields of the Ohio Utica. No more. The company is closing up whatever presence they have had and leaving the northeast. Apparently, from their website (with a copyright of 2012 on it), they plan to go frack in Central and South America instead…
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MDN now believes we have the full story, and a proper understanding, for the current war of words between GreenHunter and the U.S. Coast Guard over the issue of barging produced water, sometimes referred to as brine, on the Ohio River and other inland waterways. On Wednesday MDN brought the news that GreenHunter claimed the Coast Guard has given the all clear to begin barge shipments of brine (see
We seriously wonder if some of the legislators that serve in the Pennsylvania State Legislature are on drugs. Seriously. What else can explain comments like those from Pennsylvania State Senator Vincent Hughes (Democrat from Philadelphia) in saying the Marcellus Shale industry currently pays no taxes, that the drilling industry is making PA children “suffer,” and he thinks the industry should be hit with a new 8% severance tax PLUS another 1.9% impact fee. It’s absolutely mind-blowing–like psychedelic mind blowing. Does Hughes live in an alternate universe? Oh that’s right, he’s in the back pocket of teacher$’ union$ and is $imply their tool…