Chief Oil & Gas to close Wexford office
Monday, September 7, 2015
Since 2006, Dallas-based Chief Oil & Gas has been acquiring land in Pennsylvania’s Marcellus Shale region for drilling. Now, the company is closing one of its regional offices at the end of next month.
Pittsburgh Business Times reports that Chief’s Wexford office, located north of Pittsburgh, is closing. The Montoursville regional office in Lycoming County will remain open.
A spokeswoman from Chief told the newspaper that the decision to close the Wexford office was due to efficiency and communications reasons. The statement did not indicate that the company will be leaving the Marcellus area.
Via: Pittsburgh Business Times > hief Oil & Gas closing its Pittsburgh-area regional office
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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.