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Thursday, July 3, 2014

Links for 7/3/14: MWCD Reinvesting $300 Million of Utica Shale Money, Cornell Activist Professor Takes Another Swing at Drilling, and More

Ohio Gas & Oil:  Muskingum Watershed Conservancy District to Reinvest $300 Million of Gas, Oil Bonuses and Royalties Over Next Decade   -   "It may be hard to find another single property owner reaping greater benefits from the oil and gas industry in Eastern Ohio than Muskingum Watershed Conservancy District, which received $177.6 million by mid-June in sign on bonuses. Yet, it would also be difficult to find a greater positive impact to the communities in the area provided from any other single property owner gaining from the industry, based on MWCD's current reinvestment plan. In total, the district has plans to commit more than $300 million into projects..."

Natural Gas Now:  NY Home Rule Decision: All About the Meaning of “All”   -   "While there will be a lot written over the next few days about the New York State Court of Appeals decision regarding “home rule” laws banning natural gas development in New York, it’s far from the end of the story. The decision was disappointing, to be sure. The reasoning of the five justices who sacrificed Jennifer Huntington’s property rights on the altar of political correctness speaks..."

PNAS:  Assessment and risk analysis of casing and cement impairment in oil and gas wells in Pennsylvania, 2000–2012   -   "Casing and cement impairment in oil and gas wells can lead to methane migration into the atmosphere and/or into underground sources of drinking water. An analysis of 75,505 compliance reports for 41,381 conventional and unconventional oil and gas wells in Pennsylvania drilled from January 1, 2000–December 31, 2012, was performed with the objective of determining complete and accurate statistics of casing and cement impairment. Statewide data show a sixfold higher incidence of cement and/or casing issues for shale gas wells relative to conventional..."

Ohio Gas & Oil:  Cambridge Area Firefighters Get Trained for Oilfield Emergencies   -   "Area firefighters joined more than 30 emergency responders from across the state to participate in the Ohio Oil and Gas Energy Education Program’s (OOGEEP) Responding to Oilfield Emergencies Training Workshop held recently. Participants from the area included Firefighter Julie Paden of the New Concord Fire Department; Firefighters David Carpenter, Gary Frame, Timothy Neiswonger of..."

Chesapeake Energy:  Chesapeake Energy Corporation Completes Spin-Off Of Its Oilfield Services Business   -   "Chesapeake Energy Corporation (“Chesapeake”) (NYSE: CHK) announced today it has completed the spin-off of its oilfield services business, previously conducted through Chesapeake Oilfield Operating, L.L.C., into a stand-alone, publicly traded company called Seventy Seven Energy Inc. (“SSE”) (NYSE: SSE). Following the close of business on June 30, 2014, Chesapeake distributed to its shareholders one share of common stock of SSE for every..."

OilVoice:  Ergon announces plans for growth at Appalachian Basin facilities   -   "Ergon, Inc., announced plans to enhance its subsidiaries' facilities in the Appalachian Basin. The Appalachian Basin comprises the prolific Marcellus Shale and Utica Shale Plays. Several Ergon subsidiaries, including Ergon - West Virginia, Inc., its refinery, acquired from Quaker State in 1997, Ergon Oil Purchasing, Inc., Ergon Terminaling, Inc., Ergon Trucking, Inc., and Magnolia Marine Transport Company, have operated in the region for..."

Ohio Gas & Oil:  Guernsey County Recorder's Office Remains Center for Gas, Oil Activity   -   "A jaunt up to the Recorder’s Office on the second floor of the Guernsey County Administration building in Cambridge leaves no doubt that “Elvis has not left the building.” Judging from the tables, chairs and computers still lined from one end of the hall to the other, abstractors are still ensconced after almost four years of nonstop searching through thousands of documents for the media superstars — the gas and oil companies. And although traffic in the office remains very busy, numbers tell..."

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