Bonding

Pennsylvania Lawmaker Proposes Costlier Bonds to Cover Shale Wells

A state representative from Southeast Pennsylvania has introduced legislation that would increase the bonding requirements for unconventional natural gas wells to ensure more resources are available to clean up any environmental problems if they occur after drillers cease operations.

August 30, 2016

Wyoming Regulators Increase Oil/Gas Well Bonding Requirements

Wyoming’s five-member Oil and Gas Conservation Commission (OGCC) chaired by Gov. Matt Mead on Tuesday unanimously raised bonding requirements on oil/natural gas companies from $25,000 to $100,000. Operators will have a year to obtain the higher coverage once the new rule is final early next year.

December 9, 2015

PA Senate Passes Impact Fee; Time Running Out for House Vote

Corbett wants an impact fee, but his proposal is closer to the House version. Still, following the Senate vote, he offered limited praise for the measure, calling it “a significant step forward toward finalizing a strong and sensible Marcellus Shale legislative package…While productive discussions are ongoing and continue to resolve the various issues related to the Marcellus Shale, [Wednesday’s] action reaffirms the strong commitment of the Senate to achieve out common goals of safe and responsible natural gas development in Pennsylvania.”

December 16, 2011

PA Township Fracking Ban Question Cleared for Ballot Inclusion

A Pennsylvania judge has denied a request from a wealthy Pittsburgh suburb, apparently clearing the way for a controversial referendum that would ban hydraulic fracturing (fracking) to be placed on the Nov. 8 ballot, according to Peters Township Marcellus Shale Awareness (PTMSA), an environmental group that drafted the proposed referendum.

October 6, 2011

Pennsylvania Township Could Be Sued Over Proposed Fracking Ban

A Pennsylvania judge said he would try to render a decision by Friday (Oct. 7) over whether a controversial referendum banning hydraulic fracturing (fracking) should be placed on the November ballot in Peters Township.

October 3, 2011

Pennsylvania Gas Tax Deal Remains Elusive

With less than two weeks remaining until an election that could shift the balance of power in Harrisburg, Pennsylvania Gov. Ed Rendell and the state’s General Assembly remain deadlocked over a proposed natural gas severance tax.

October 21, 2010