A class action lawsuit in Ohio pending in a Youngstown court could affect property owners attempting to rid themselves of original lease agreements with oil and natural gas operators.
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Texans Acknowledge, Pennsylvanians Less Sure of Shale Gas Risks
Decades of oil and gas drilling, and the jobs and benefits it provides, are engrained in Texas culture, and it’s a way of life that Pennsylvanians now are attempting to assimilate, but residents of both states continue to reconcile the advent of shale gas drilling, according to a survey of 1,600 adults.
Texans Willing to Pay, Pennsylvanians Less Sure on Shale Gas Risks
Decades of oil and gas drilling, and the jobs and benefits it provides, are engrained in Texas culture, and it’s a way of life that Pennsylvanians now are attempting to assimilate, but residents of both states continue to reconcile the advent of shale gas drilling, according to a survey of 1,600 adults.
Gasfrac CEO, COO Gone; Board Launches Operational Review
Gasfrac Energy Services Inc., which has been attempting to build market share in the U.S. hydraulic fracturing (fracking) market with its waterless technology, on Tuesday said CEO Zeke Zeringue and COO Steve Batchelor have left the company, and an operational review and management restructuring have begun.
Waterless Frack Market Pressured by Pumping Deluge
Gasfrac Energy Services Inc., which has been attempting to muscle into the hydraulic fracturing (fracking) market with its waterless technology, hit some roadblocks in 2Q2012, in part because the pressure pumping market is bursting at the seams, company officials said Thursday.
Gasfrac Efforts Stall in Waterless Frack Market
Gasfrac Energy Services Inc., which has been attempting to muscle into the hydraulic fracturing (fracking) market with its waterless technology, hit some roadblocks in 2Q2012, in part because the pressure pumping market is bursting at the seams, company officials said Thursday.
Antero Hits Aquifer in West Virginia, Blows Out Abandoned Water Wells
Antero Resources disturbed an aquifer while attempting to dislodge a stuck drillbit at a new Marcellus Shale natural gas well in West Virginia’s Harrison County on Wednesday morning, causing blowouts at four abandoned private water wells.
Chesapeake Shares Soar on Report to Sell Midstream Businesses
Chesapeake Energy Corp. is in advanced negotiations to sell all of its midstream assets, including its stake in Chesapeake Midstream Partners LP (CHKM), for more than $4 billion, a transaction that could be completed in the next few days, sources told NGI’s Shale Daily on Wednesday. The bidder is said to be private equity giant Global Infrastructure Partners (GIP), which initially helped to fund the master limited partnership (MLP) and which continues to be a joint partner.
Investor Groups Again Challenge ExxonMobil on Fracking
Some of ExxonMobil Corp.’s investors are attempting once again to force the largest U.S. natural gas producer to issue a report to shareholders about the financial impact from regulatory and community impacts associated with hydraulic fracturing (fracking) within its drilling operations.
Fracking Debate Resumes in California
After a chemical disclosure bill was shot down last year, critics of hydraulic fracturing (fracking) in California are attempting to rekindle a fire in Sacramento to heat up both regulators and legislators, according to a report in Thursday’s Los Angeles Times. Focused on ways to create jobs, Gov. Jerry Brown’s administration has shied away from the issue, fearing it could stymie growth in the energy sector.