Columbiana County well production encourages Chesapeake
Tuesday, May 12, 2015
Chesapeake Energy may be cutting back on the number of its rigs and reducing the number of its fracking crews, but the company is expecting to expand its exploration in Columbiana County after impressive results from its wells there, according to The Business Journal.
Three of Chesapeake’s wells in Columbiana County have proved to be more productive than nine others that were drilled in the county earlier. In the first quarter of 2015, Chesapeake began production on 38 Utica wells. Those wells averaged 1,272 barrels of oil equivalent per day.
Much of Chesapeake’s activity is centered in Carroll County, but the company has a strong lease position in southern Columbiana County, so exploration may expand there.
Via: The Business Journal > Columbiana County Wells Encourage Chesapeake
Other recent Chesapeake news:
- Chesapeake cutting back Utica drilling in eastern Ohio May 11, 2015
- American Energy settles with Chesapeake April 15, 2015
- Chesapeake backs off, 2015 drilling numbers lowest since 2004 Feb. 26, 2015
- Chesapeake Energy to scale back drilling in Utica Shale Feb. 26, 2015
- Pennsylvania landowners sue Chesapeake and related companies Feb. 24, 2015
- Chesapeake Energy sues former CEO Feb. 19, 2015
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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.