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Marcellus Drilling News
  • Crime | Industrywide Issues | Pennsylvania | Statewide PA

    Penn State Study Finds No Crime Rate Increase in Drilling Counties

    February 27, 2012February 27, 2012

    Those who oppose drilling try to make the case that crime rates soar when drilling comes to a community. They say those “out of towners” have a lot of time on their hands in the off hours, and they use it to drink hard and play hard, and that leads to all sorts of criminal mischief. But a new Penn State study finds no evidence that when shale gas drilling comes to town crime rates increase. The preliminary findings of the study, performed by the Justice Center for Research at Penn State, were released in January but only announced just last week (a copy of the preliminary report is embedded below).

    Read More “Penn State Study Finds No Crime Rate Increase in Drilling Counties”

  • Antero Resources | Energy Companies

    Antero Allocates 79% of 2012 Drilling Budget to Marcellus

    February 27, 2012February 27, 2012

    Antero Resources announced its 2012 capital budget today. Among the plans: 79 percent of the drilling budget is allocated to Marcellus Shale. Antero currently operates six drilling rigs in the Marcellus. They also announced today they are selling a portion of their Marcellus gathering pipeline system to Crestwood Holdings for $375 million in cash.

    Read More “Antero Allocates 79% of 2012 Drilling Budget to Marcellus”

  • Best of the Rest

    Marcellus & Utica Shale Story Links: Mon, Feb 27, 2012

    February 27, 2012February 27, 2012

    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, Feb 27, 2012”

  • Chesapeake Energy | Energy Companies

    Chesapeake Lowers Production 1 BCF/D & Dry Gas Drilling 70%

    February 23, 2012February 22, 2012

    trending downChesapeake Energy released fourth quarter 2011, and full year 2011 numbers on Tuesday. About one month ago Chesapeake announced they were curtailing 0.5 billion cubic feet (bcf) of gas production per day because of low commodity gas prices. At the time they threatened to up that number to 1.0 bcf. According to Tuesday’s announcement, they have made that adjustment. Chesapeake wants to save its gas to sell it when the prices go back up, and likely hopes that by taking a good amount of gas out of circulation, it will help drive up the historically low prices sooner rather than later.

    In addition to curtailing current production, Chesapeake also announced they will spend 70 percent less on drilling in dry gas areas this year from last year.

    From the relevant portions of the Chesapeake press release:

    Read More “Chesapeake Lowers Production 1 BCF/D & Dry Gas Drilling 70%”

  • Energy Companies | Hess | Jefferson County (OH) | Lease & Royalty Payments | Ohio

    Hess to Lease OH City Landfill for Drilling – $5,400/Acre

    February 23, 2012February 22, 2012

    Steubenville, Ohio is about to close a lease deal on a former city landfill. Hess has agreed to pay $5,400 per acre for a signing bonus on the 110 acre site, and 19 percent royalties.

    Read More “Hess to Lease OH City Landfill for Drilling – $5,400/Acre”

  • Chesapeake Energy | Economic Impact | Energy Companies | Industrywide Issues | Jefferson County (OH) | Ohio | Wastewater

    Steubenville Selling 700K Gallons of Water/Day to Chesapeake

    February 23, 2012February 22, 2012

    The city of Steubenville in Jefferson County, Ohio has struck a deal to sell Chesapeake Energy treated wastewater, untreated river water and potable water—700,000 gallons of it a day for five years.

    Read More “Steubenville Selling 700K Gallons of Water/Day to Chesapeake”

  • Energy Companies | Rex Energy

    Rex Energy 2011 Review, Looks Ahead to 2012

    February 23, 2012February 22, 2012

    Rex Energy, a prolific driller in the Marcellus Shale, reported its 2011 financial and operational results along with 2012 capital budget projects on Tuesday. In what has become a near unanimous refrain from drilling companies, Rex also says less drilling in the dry gas areas and more drilling in the natural gas liquids areas.

    From the Rex press release:

    Read More “Rex Energy 2011 Review, Looks Ahead to 2012”

  • Best of the Rest

    Marcellus & Utica Shale Story Links: Thu, Feb 23, 2012

    February 23, 2012February 22, 2012

    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: Thu, Feb 23, 2012”

  • Anschutz Exploration | Energy Companies | Hydraulic Fracturing | Industrywide Issues | Litigation | New York | Regulation | Statewide NY | Tompkins County

    NY Judge Rules Town of Dryden can Ban Shale Gas Drilling

    February 22, 2012February 23, 2012

    court gavelYesterday, Tompkins County (NY) Supreme Court Judge Phillip Rumsey handed anti-drillers a first, and likely short-lived, victory. He ruled that the Town of Dryden, located near Ithaca, has the right to ban shale gas drilling. As with many legal issues, this one is complicated, so let’s take a look at the case, Judge Rumsey’s decision, and what happens next.

    Read More “NY Judge Rules Town of Dryden can Ban Shale Gas Drilling”

  • Energy Companies | Pennsylvania | Range Resources Corp | Statewide PA

    Range 2012 Capital Plan – More Marcellus Drilling Ahead

    February 22, 2012February 22, 2012

    Range Resources released its 2012 capital budget and operating plans yesterday. Range announced that Marcellus drilling is full steam ahead, especially in the liquids-rich southwestern PA area. But they also announced they are reducing dry gas drilling to just 25 percent of the total capital budget. So, more drilling in southwest PA, less drilling in northeast PA.

    Here are the relevant portions from the Range announcement that touch on the Marcellus Shale:

    Read More “Range 2012 Capital Plan – More Marcellus Drilling Ahead”

  • Coterra Energy (Cabot O&G) | Energy Companies | Energy Services | Industrywide Issues | Pennsylvania | Pipelines | Susquehanna County | Williams

    Cabot O&G Partners with Williams on New Marcellus Pipeline

    February 22, 2012February 22, 2012

    Cabot Oil & Gas is teaming up with Williams Partners to construct a new pipeline that will stretch from Cabot’s Marcellus gas wells in Susquehanna County, PA to Schoharie County, NY where it will connect to two interstate pipelines. The new pipeline will let Cabot sell its ever-increasing production of northeastern PA shale gas into more lucrative markets in New York and New England. The new pipeline is due to go online in March 2015.

    Read More “Cabot O&G Partners with Williams on New Marcellus Pipeline”

  • Energy Services | GreenHunter Resources | Industrywide Issues | Wastewater

    GreenHunter Buys 3 Marcellus/Utica Wastewater Injection Wells

    February 22, 2012February 22, 2012

    GreenHunter Water has just purchased three currently operating wastewater injection wells in Ohio and Kentucky for $8.8 million that they will use to dispose of Marcellus and Utica Shale wastewater.

    From the GreenHunter press release:

    Read More “GreenHunter Buys 3 Marcellus/Utica Wastewater Injection Wells”

  • Best of the Rest

    Marcellus & Utica Shale Story Links: Wed, Feb 22, 2012

    February 22, 2012February 22, 2012

    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: Wed, Feb 22, 2012”

  • Hydraulic Fracturing | Industrywide Issues | New York | Regulation | Tompkins County

    Ithaca-area Township Set to Ban Fracking – Is it Legal?

    February 21, 2012February 21, 2012

    Is it legal?The Town of Caroline in Tompkins County, New York is about to pass a one-year ban on hydraulic fracturing. The question is, is it legal to do so? Attorneys who understand New York State’s oil and gas law say no.

    Read More “Ithaca-area Township Set to Ban Fracking – Is it Legal?”

  • New York | Statewide NY

    NY Anti-Drilling Group Tense that Drilling May Soon Begin

    February 21, 2012February 21, 2012

    One of the most rabidly anti-drilling organizations in New York is NYRAD—New York Residents Against Drilling. They are a fringe organization, but they do have a following. When MDN received a copy of NYRAD’s latest call-to-action-the-sky-is-falling-oh-woe-is-me missive, it contained a couple of interesting tidbits (see a copy of the full notice embedded below).

    It seems NYRADers believe that:

    Read More “NY Anti-Drilling Group Tense that Drilling May Soon Begin”

  • Energy Companies | Range Resources Corp

    Rumor Mill Buzzing: Is Range Resources Takeover Target?

    February 21, 2012February 21, 2012

    The rumor mill is buzzing that Range Resources is a prime candidate for a takeover. With 1.2 million acres of Marcellus leases, whoever buys it will need deep pockets. Both BP and Exxon Mobil have been mentioned as potential suitors.

    Read More “Rumor Mill Buzzing: Is Range Resources Takeover Target?”

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