Marcellus

Marcellus Drillers Take Heed of Delaware River Basin Directive

Concerns that natural gas drilling in the Marcellus Shale could damage the region’s water quality have prompted the Delaware River Basin Commission (DRBC) to require energy companies obtain commission approval before beginning any gas extraction project in shale formations within the drainage area of the basin’s special protection waters (SPW).

June 1, 2009

Chesapeake’s Gas Output Up 18%, but Noncash Charges Sting

Chesapeake Energy Corp.’s natural gas-driven production jumped 18% last year, led by its “Big Four” gas shale plays: the Barnett, Haynesville, Fayetteville and Marcellus. However, with gas prices slumping from last year’s highs, the producer last week launched a $1 billion long-term debt plan to bolster its financing.

February 2, 2009
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