Drillers

The Colcom Foundation of Pittsburgh, PA, has launched the $1 million Marcellus Environmental Fund to distribute grants to nonprofit organizations “to address the accelerating environmental impact of shale drilling in western Pennsylvania through public education, community engagement, best practices, baseline data collection, ongoing monitoring, land owner guidance and collaborative projects.”

Outgoing New York Gov. David Paterson took the high road on Saturday, vetoing a bill that would have codified into law a moratorium on hydraulic fracturing (fracking) in the state through May 15, and at the same time extending until July 1 a deadline for the state’s Department of Environmental Conservation (DEC) to prepare a supplemental generic environmental impact statement (SGEIS).

The Obama administration last week set adrift offshore drillers’ plans to develop the gassy eastern Gulf of Mexico (GOM) and portions of the Atlantic and Pacific coasts because of the Deepwater Horizon tragedy, setting off a tidal wave of criticism by the energy industry.

A signature from outgoing New York Gov. David Paterson is all that is required for a temporary ban on hydraulic fracturing (fracking) to become effective in the Empire State following the New York State Assembly’s approval of the measure on Monday.

The Gulf of Mexico (GOM) officially may be open to deepwater drillers but the offshore production industry is leery about returning to a region that has been forever changed, a Deloitte LLP executive said last week.

The Gulf of Mexico (GOM) officially may be open to deepwater drillers but the offshore production industry is leery about returning to a region that has been forever changed, a Deloitte LLP executive said Thursday.

Quebec’s shale gas could generate as many as 19,000 jobs and more than C$1 billion in annual royalties for the province, according to an economic benefits study issued on Friday.

The Marcellus Shale Coalition (MSC) on Friday presented a list of industry “principles” for natural gas drillers to follow that coalition members hope will translate into positives for the Marcellus Shale.

The Marcellus Shale Coalition (MSC) on Friday presented a list of industry “principles” for natural gas drillers to follow that coalition members hope will translate into positives for the Marcellus Shale.