Shale Gas Royalty Owners Plan Conference
Wednesday, August 15, 2012
WHITE SULPHUR SPRINGS, W.Va. — The Appalachian Chapter of National Association of Royalty Owners (NARO) will host its annual members’ conference at the Greenbrier Hotel in White Sulphur Springs, W.Va., Sept. 24-26.
Hydrocarbon development
This conference will feature presentations by national experts on the development of hydrocarbons in the Utica and Marcellus Shales of West Virginia, Ohio, and Pennsylvania along with other geologic formations in Kentucky and the Appalachian basin area.
Continuing education programs will be offered for attorneys and accountants desiring to learn more about issues associated with leasing, drilling, producing, and marketing natural gas, crude oil, and natural gas liquids.
Economic impact
Specialists from industry and government will be speaking about the economic impact and job creation associated with the Utica and Marcellus Shales. Leasing, royalty accounting, field operations, the potential for using compressed natural gas in commercial and passenger vehicles, and exporting liquefied natural gas from the U.S. east coast will also be discussed.
The conference is open to all NARO members and non-members. More information is available at 877-341-3244 or hartpetro@gmail.com.
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Shale FAQ
What is fracking?
Fracking is a slang term for hydraulic fracturing. Fracturing is a process by which highly pressurized fluid is pumped thousands of feet into the ground to fracture rock formations. The goal is to release the natural gas that’s locked inside the rock.
Is it safe?
What most concerns people about fracturing is ground water contamination. The worry is that fractures underground, caused by the process, will extending upwards and into aquifers, releasing gas and chemicals into the ground water supply. There’s been no confirmed reports of such a thing happening. Though surface spills and drill site blowouts can lead to localized environmental concerns.
Will my water catch on fire?
Flammable water is caused by the release of methane gas into a drinking water supply. Methane gas occurs naturally and can be released by any kind of drilling, including water wells. In Pennsylvania officials fined Chesapeake Energy $1 million for contaminating ground water with methane. It was determined that the company had not properly cemented it’s boreholes and gas migrated up the well, between rock and into aquifers.