Tuesday, September 3, 2013
If you’re not familiar with the story of D&L energy being charged with illegally dumping fracking waste water down a storm drain that emptied into the Mahoning River, you can catch up on all the details here.
Last week, 34-year-old Michael Guesman of Cortland, Ohio, admitted to dumping brine water into a storm drain 24 times on the orders of his boss, Ben Lupo, according to the Akron Beacon Journal.
Guesman pled guilty in U.S. District Court in Cleveland to a charge that he violated the federal Clean Water Act.
According to The Intelligencer, Wheeling News-Register, a Monroe County Utica well, drilled by Antero Resources, could produce as much as $300,000 in revenue per day. That’s a sign that Utica wells may be worth the investment.
The estimate was calculated by Tim Carr, Professor of Energy at West Virginia University. He said that though well production will decline over time, the well should make roughly $2 million in gross revenues per week.
Chesapeake Energy, the nation’s largest natural gas producer, is paying $7.5 million to settle a class action lawsuit that alleges the company improperly charged thousands of Pennsylvanians post-production fees, according to The Daily Review.
Read it:
“According to the suit, Chesapeake deducted post-production fees from royalties paid the leaseholders, despite terms in the leases that preclude them from doing so. The suit further alleged the fees that were charged were in excess of the actual and reasonable costs the company incurred, and that the firm improperly based royalties on the market value of the gas before it had been refined, which was lower than the value once it was in marketable condition.”
Rail cars carrying fracked oil from North Dakota’s Bakken Shale are being inspected for safety by the Federal Railroad Administration and the Pipeline and Hazardous Materials Safety Administration.
The reasoning behind the inspections stems from the explosion of a train that derailed in Quebec earlier this year, killing 47 people.
The crude on railcars in North Dakota is similar to the crude that is being hauled to a refinery complex in Philadelphia from the Marcellus Shale.
Farm and Dairy, a weekly newspaper located in Salem, Ohio, has been reporting on topics that interest farmers and landowners since 1914. Through the Shale Gas Reporter, we are dedicated to giving our readers unbiased and reliable information on shale gas development.
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