Because PA uses a flat per-well impact fee on shale drilling instead of a tax on the amount of gas that flows from the well, liberal Democrats in PA Read More “Broken Record: PA Needs Drilling Tax Instead of Impact Fee”
The headlines blare the news: The Baker Hughes rig counts are at an 18-year low for natural gas drilling rigs operating on U.S. soil. However, when you dig Read More “Interesting Facts Emerge from Behind the Low Rig Count Headlines”
Below are upcoming events for this week and next.
Read More “Calendar of Events for May 13-26, 2013 [Free]”
Dr. Terry Engelder, geologist and professor at Penn State University, is one of two men who first calculated and publicized the enormous potential Read More “Prof Terry Engelder: Marcellus Rock Star”
The “best of the rest” – stories that caught MDN’s eye that you may be interested in reading: Read More “Marcellus & Utica Shale Story Links: Mon, May 13, 2013”
Bloomberg news service has published a yellow journalism hit piece about NY State Senator Tom Libous (Republican from Binghamton) Read More “Bloomberg Hit Piece on Pro-Fracking NY State Senator”
Unlike the Delaware River Basin Commission (DRBC), the Susquehanna River Basin Commission (SRBC) refuses to be pushed around by mouthy anti-drillers. Read More “SRBC Tells Anti-Drillers “We’ll Stay in Our Lane” on Water Study”
The Nexus Gas Transmission line keeps popping up in the news. Read More “Nexus Pipeline May Also Run Through Lorain & Medina Counties, OH”
The Millennium Pipeline, an interstate natural gas pipeline that spans most of New York State running from Corning to Rockland County, is expanding Read More “The Irony: Millennium Pipeline Expanding in NY for More Shale Gas”
Seismic testing is coming very soon “across Fayette County [PA]” by a company hired by Chevron as they prepare to drill. Read More “Chevron to Drill in Fayette County, PA – Seismic Testing First”
In a move that is sure to bring both cheers of support and wails of protest, last week a councilman for the city of Steubenville, OH asked officials to consider leasing Read More “Steubenville, OH Councilman Wants to Frack City Parks”
Sometimes the government has trouble filing paperwork for itself on time–we all know how that feels! Last year the state of Pennsylvania passed some of the most Read More “Some PA Towns Fail to File Impact Fee Paperwork with State”
The “best of the rest” – stories that caught MDN’s eye that you may be interested in reading:
Read More “Marcellus & Utica Shale Story Links: Fri, May 10, 2013”
Are you a landowner with an old, abandoned railroad bed running across your property? You might want to check your deed very closely, especially if you’ve signed a gas lease for “your” property.
What you thought was your property may not be your property when it comes to large sums of lease and royalty payments, as some landowners in Susquehanna County, PA are learning the hard way…
Read More “Landowners: Watch Out for Old RR Easements – You May Owe Them $”
MDN recently highlighted two deals by Chesapeake to sell Marcellus Shale acreage at what we consider fire sale prices–in one case $574 per acre (see Southwestern Energy Buys 162K PA Marcellus Acres from Chesapeake), and in a second case $606 per acre (see Chesapeake Fire Sale Continues – EQT Picks up 99K Acres in SW PA).
However, Seeking Alpha blogger and energy analyst Richard Zeits–someone whose opinion we respect–has a different take. He says when you analyze the deals closely, they aren’t as irrational as they may appear, and these deals are far from a “fire sale”…
Read More “Zeits Says Chesapeake Marcellus Land Deals Not a Fire Sale”
The schizophrenic behavior of Cecil, PA town supervisors… Earlier this week Cecil town supervisors voted to have a closed door meeting with Range Resources to assess the “relationship” between the company and the town (see When We Get Behind Closed Doors…Range Resources & Cecil Twp). It looked to MDN like perhaps, just perhaps, the supervisors were making an attempt to patch things up. Range has them in court, after all.
But maybe not. We now learn that at the same meeting, the same supervisors want to shut down a local Range water impoundment:
Read More “Cecil, PA Supervisors Want Better Relations with Range, but…”