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Monday, May 19, 2014

Quick Links for 5/19/14: Howarth Attacks Natural Gas Again, Chesapeake Still Likes Utica Shale, and More

Wiley Online Library:  A bridge to nowhere: methane emissions and the greenhouse gas footprint of natural gas   -   "In April 2011, we published the first peer-reviewed analysis of the greenhouse gas footprint (GHG) of shale gas, concluding that the climate impact of shale gas may be worse than that of other fossil fuels such as coal and oil because of methane emissions. We noted the poor quality of publicly available data to support our analysis and called..."

Akron Beacon Journal:  Chesapeake Energy says it likes Ohio’s still-developing Utica shale   -   "Oklahoma-based Chesapeake Energy Corp. really likes Ohio’s Utica shale.  That message was repeated several times by vice president Chris Doyle at the company’s Analyst Day 2014 on Friday in Oklahoma City.  Analysts may have had a difficult time gauging the Utica shale because of the lack of data and production delays, and Chesapeake has said little..."

Bloomberg:  Chesapeake E-Mail Cited by Michigan in Lease-Bidding Case   -   "Chesapeake Energy Corp.’s former chief executive officer invited Encana Corp. (ECA) to join in dividing Michigan oil and gas lease bidding opportunities in 2010 “rather than bash each other’s brains out,” according to an e-mail cited by the state in a court filing.  Chesapeake and Encana were accused by the state of..."

Press release:  Chesapeake Energy Corporation Provides Update on 2014 Asset Sales and Projected Impact on 2014 Outlook   -   "Chesapeake Energy Corporation (NYSE:CHK) today updated its currently anticipated 2014 asset sales and divestitures and the projected impact of such transactions on its 2014 Outlook. The company also introduced preliminary estimated ranges for its 2015 adjusted production growth and total capital expenditures. These items will be discussed in more detail at..."

WBNS News:  Eastern Ohio City Getting New Life With New Money From Fracking   -

The Columbus Dispatch:  Measures to contain Morgan County shale-drilling spill fell short   -   "When workers drilling a shale well in Morgan County hit a pocket of natural gas on Sunday, at least two safety measures failed to keep a slurry of gas and chemicals from spilling out.  First, a blowout preventer — similar to the one that failed in the 2010 Gulf of Mexico oil spill — didn’t stop thousands of gallons of..."

The Independent:  50,000 gallons of oil spills onto street in Los Angeles after pipe ruptures   -   "Firefighters in Los Angeles have reported that around 50,000 gallons of crude oil has been spilled onto streets over a half mile radius after an oil pipe..."

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