Company wanting to transport fracking waste on US waterways files for bankruptcy
Sunday, March 13, 2016
GreenHunter Water, LLC, the company wanting to transport fracking waste via barge on U.S. rivers, sought Chapter 11 bankruptcy protection earlier this month.
Huffpost Green reports that the company, the subsidiary of Texas-based GreenHunter Resources, Inc., filed for bankruptcy after the U.S. Army Corp. of Engineers said it would consider permits to ship fracking waste on U.S. rivers. Last year, the U.S. Army Corp. of Engineers granted GreenHunter Resources a permit for transporting legacy fluids from conventional wells on the Ohio River. The company currently transports fracking waste from Pennsylvania and West Virginia by truck to Ohio.
One concern with transporting fracking waste on waterways is the potential for accidents and spills, which would contaminate drinking water, as has happened in the past in Appalachia.
Read more: Huffpost Green > Can a Bankrupt Company Protect Appalachian Drinking Water?
Related:
‘Legacy-fluid’ off-loading facility OK’d on Ohio River, fracking waste not yet March 1, 2015
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What are mineral rights?
Mineral rights are the rights of the owner of the property to mine or produce any resources below the surface of the property. Mineral rights are different from surface rights.
Will I get free natural gas if I allow fracking on my property?
Maybe. It depends on your particular lease agreement. Some companies allow property owners a yearly free gas allowance. But, the process of connecting your property to the gas source may be more complicated. Some companies will provide a hookup, others require the landowner to provide one.