Marcellus Drilling News

William Zagorski, “Father of the Marcellus Shale”

Jim — Tue, 09 Mar 2010 02:15:08 +0000

William Zagorski, geologist and musician, is credited as being the “Father of the Marcellus Shale.” It’s an interesting story how he convinced Range Resources to try drilling in the Marcellus using hydraulic fracturing. Mr. Zagorski even has a music CD! Read the story of the beginning of drilling in the Marcellus Shale and about the [...] Related posts:

$25K Per Acre for Lease Deals? Not in the Marcellus — Yet

While Albany Dithers on Marcellus Drilling, Landowner Profits Evaporate

Jim — Tue, 09 Mar 2010 01:54:07 +0000

George Phillips, a Republican candidate for the 22nd Congressional District in New York State, penned a viewpoint article in today’s Binghamton Press & Sun-Bulletin on the topic of drilling in the Marcellus Shale. In short, Mr. Phillips is pro-drilling while the man who currently holds that office, Maurice Hinchey (Democrat) is anti-drilling and supports federal [...] Related posts:

Marcellus Leasing & Drilling in the West Virginia Panhandle Heats Up

Jim — Tue, 09 Mar 2010 01:22:59 +0000

West Virginia Marcellus Shale is getting hot. From an article* in the Steubenville (OH) Herald-Star, we get a mountain of good intelligence on what energy companies have and are paying in the West Virginia panhandle: AB Resources is paying the New Vrindaban Hare Krishna Community in Marshall County $2,500 per acre for approximately 4,000 acres, and [...] Related posts:

Skaneateles High School Airs Both Sides of the Marcellus Drilling Debate

Jim — Tue, 09 Mar 2010 00:42:10 +0000

Kudos to the Skaneateles High School Environmental Club for the public meeting they held on hydraulic fracturing on January 23rd at the High School auditorium. Yes, the members of the club are no doubt anti-drilling and they had several speakers who presented the anti-drilling viewpoint. And yes, they showed the biased anti-drilling “documentary” Split Estate. But [...] Related posts:

Chesapeake Given Green Light to Drill 5 Wells in Washington County, PA

Jim — Fri, 05 Mar 2010 01:30:31 +0000

Chesapeake Appalachia, a subsidiary of Chesapeake Energy, has received clearance from two townships in Washington County, Pennsylvania, to move forward with plans to drill five gas wells. Three of the wells will be drilled in Robinson Township, and two in North Fayette Township. Supervisors in both townships voted unanimously (3-0) to allow drilling to begin. [...] Related posts:

The Future of Natural Gas is Very Bright… Because of Horizontal Drilling

Jim — Fri, 05 Mar 2010 00:54:17 +0000

Nolan Hart, an author who also works in the horizontal drilling industry, wrote an interesting viewpoint piece on whether, and when, we might see “peak natural gas.” He explains there are many in the drilling industry who believe we have already reached “peak oil,” meaning all of the easily gotten oil has already been extracted [...] Related posts:

More Details on Southwestern Energy’s Marcellus Shale Plans from Earnings Call

Jim — Thu, 04 Mar 2010 02:21:11 +0000

From a Q4 2009 earnings call* held on Feb. 26, we learn the following about Southwestern Energy’s involvement in the Marcellus Shale: At December 31, 2009, we had approximately 149,000 net acres in Pennsylvania prospective for the Marcellus Shale. Our undeveloped acreage position as of December 31, 2009 had an average remaining lease term of five [...] Related posts:

MDN Editorial: PA Landowners Need to Continue Opposing a Shale Gas Severance Tax

Jim — Thu, 04 Mar 2010 01:38:40 +0000

The severance tax, like a bad penny, keeps turning up. Pennsylvanians (and eventually New Yorkers) will have to stay vigilant against greedy politicians who can’t help themselves when there’s something nearby that can be taxed. Tax revenues equal money flowing through politicians’ hands, and that equals power. The latest example: State Sen. Andy Dinniman, D-19th, of [...] Related posts:

4,300 Sign Petition to Encourage New York Leaders to Drill Here, Drill Now

Jim — Thu, 04 Mar 2010 00:59:46 +0000

The Independent Oil and Gas Association of New York today issued a press release encouraging landowners to sign their online petition to New York’s governmental leaders to encourage them to move forward—now—with allowing drilling in the Marcellus Shale in New York. Already, more than 4,300 have signed. Landowners who want to add their signatures to [...] Related posts:

East Resources Donates $50K to Tioga County, PA 4-H in Goodwill Gesture

Jim — Thu, 04 Mar 2010 00:44:35 +0000

East Resources, an independent oil and gas drilling company with a big stake in Tioga County, Pennsylvania, has just donated $50,000 to the Tioga County 4-H. East Resources, Inc. today signed an agreement with Penn State’s Cooperative Extension Service to create a new 4-H endowment fund for Tioga County. East created the endowment with an initial [...] Related posts: