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Natural Gas Drilling / Fracking in Ohio

Home Forums General Columbus Discussion Natural Gas Drilling / Fracking in Ohio

Viewing 15 posts - 376 through 390 (of 752 total)
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  • #426348

    News
    Participant

    Chesapeake Energy has not yet closed Utica joint venture
    10:16 PM, Dec. 31, 2011
    Written by Bloomberg News

    Chesapeake Energy Corp. hasn’t completed a joint venture valued at $2.14 billion in Ohio’s Utica shale formation that it said would close by mid-December. “We will have an announcement when the JV agreement is complete,” Jim Gipson, a spokesman for Chesapeake, said in an e-mail yesterday.

    READ MORE: http://news.cincinnati.com/article/20111230/BIZ/312300113/Chesapeake-Energy-has-not-yet-closed-Utica-joint-venture

    #426349

    News
    Participant

    Lawmaker Criticizes Response To Ohio Quakes
    January 2, 2012
    by The Asssociated Press

    A lawmaker says the state’s response to the latest earthquake activity in northeast Ohio is inadequate. Officials said over the weekend that they believe there’s a connection to the injection of gas drilling waste-water into the ground near a fault line.

    On Friday, the brine disposal was halted at one well. Then, after a 4.0 magnitude quake shook the Youngstown area Saturday afternoon, the state stopped operations at four other injection wells within a 5-mile radius.

    READ MORE: http://beta.wosu.org/news/2012/01/02/lawmaker-criticizes-response-to-ohio-quakes/

    #426350

    CooperGuy
    Member

    News said:
    Chesapeake Energy has not yet closed Utica joint venture
    10:16 PM, Dec. 31, 2011
    Written by Bloomberg News

    Chesapeake Energy Corp. hasn’t completed a joint venture valued at $2.14 billion in Ohio’s Utica shale formation that it said would close by mid-December. “We will have an announcement when the JV agreement is complete,” Jim Gipson, a spokesman for Chesapeake, said in an e-mail yesterday.

    READ MORE: http://news.cincinnati.com/article/20111230/BIZ/312300113/Chesapeake-Energy-has-not-yet-closed-Utica-joint-venture

    Update;

    http://www.dispatch.com/content/stories/business/2012/01/03/chesapeake-sells-stake-french-company.html

    #426351

    News
    Participant

    Owner to lower pressure in Ohio wastewater well
    Associated Press
    Published: January 4, 2012 – 06:32 PM

    COLUMBUS: The owner of a northeast Ohio well plans to remove material from the wastewater disposal site to help lower its inner pressure following a series of 11 minor earthquakes. The latest and largest quake Saturday in the Youngtown area registered at 4.0 magnitude.

    READ MORE: http://www.ohio.com/news/break-news/owner-to-lower-pressure-in-ohio-wastewater-well-1.253568

    #426352

    dirtgirl
    Participant

    693 of Ohio’s gas and oil wells failed inspections in 2011
    Plunderbund.com

    In the wake of the recent Youngstown-area earthquakes, the debate over expanded oil and gas production in Ohio is heating up. Since one of the primary areas of concern is public and environmental safety, we thought it would be helpful to take a look at violation records for existing oil and gas wells in Ohio to see how the industry is doing.

    We took a look at data from the Ohio Department of Natural Resources (ODNR) obtained through public record requests along with data obtained from ODNR’s RBDMS database and we found that 693 gas and oil wells in Ohio failed inspections performed by ODNR inspectors last year, resulting in 1,625 distinct violations.

    READ MORE: http://www.plunderbund.com/2012/01/05/693-of-ohios-gas-and-oil-wells-failed-inspections-in-2011/

    #426353

    Alex Silbajoris
    Participant

    *G* I used to watch a Knox County property on a ridgetop, and halfway up there was an oil well pad. The pump and tanks were eventually removed, but the borehole itself was covered by, no kidding, a VW engine block with a hole in its side from a blown connecting rod.

    #426354
    rus
    rus
    Participant

    alexs said:
    *G* I used to watch a Knox County property on a ridgetop, and halfway up there was an oil well pad. The pump and tanks were eventually removed, but the borehole itself was covered by, no kidding, a VW engine block with a hole in its side from a blown connecting rod.

    Now that’s recycling.

    #426355

    News
    Participant

    U.S. Shale Bubble Inflates After Near-Record Prices for Untested Fields
    By Joe Carroll and Jim Polson
    January 09, 2012 3:30 PM EST

    Surging prices for oil and natural- gas shales, in at least one case rising 10-fold in five weeks, are raising concern of a bubble as valuations of drilling acreage approach the peak set before the collapse of Lehman Brothers Holdings Inc.

    Chinese, French and Japanese energy explorers committed more than $8 billion in the past two weeks to shale-rock formations from Pennsylvania to Texas after 2011 set records for international average crude prices and U.S. gas demand. As competition among buyers intensifies, overseas investors are paying top dollar for fields where too few wells have been drilled to assess potential production, said Sven Del Pozzo, a senior equity analyst at IHS Inc. (IHS)

    READ MORE: http://mobile.bloomberg.com/news/2012-01-09/shale-bubble-inflates-on-near-record-prices-for-untested-fields?category=%2F

    #426356

    SusanB
    Participant
    #426357
    rus
    rus
    Participant

    gramarye said:
    The question is whether they see a path towards greater cost-effectiveness with scale and further technological advancements. This is the same story told about solar power. Twenty years ago, solar was really pie-in-the-sky. Now they’re coming out with solar technologies that are getting within spitting distance of grid power (and we all know that grid power will be getting more expensive, not less, over the next generation, though whether we’re talking about real-dollar increases of 2% or 5% or 12% per year is an open question).

    Same with algae-based fuels. If this is something that will never get any cheaper and in fact is likely to get more expensive from here, then ditch it. However, if this has potential to scale up in volume and down in cost, then the current technology that produces $26/gal. fuel might well turn out to be just the Apple IIc compared with later generations of the tech.

    Thought of this conversation when I read this:

    WASHINGTON — When the companies that supply motor fuel close the books on 2011, they will pay about $6.8 million in penalties to the Treasury because they failed to mix a special type of biofuel into their gasoline and diesel as required by law.

    But there was none to be had. Outside a handful of laboratories and workshops, the ingredient, cellulosic biofuel, does not exist.

    Is there some advantage in fining companies for not using something that doesn’t exist?

    #426358

    byJody
    Participant

    Jan. 10 Bob Hagan at Statehouse Fracking Protest

    (Isn’t there a way to embed the video here?)

    #426359
    Tom Over
    Tom Over
    Participant

    Howard Markert

    Protest Against Fracking At Ohio State House, Jan 10, 2012

    Howard Markert from Youngstown Ohio is a Green Party candidate for Mahoning County Commissioner.

    Markert said hydraulic fracturing is not new.

    “It’s been in use for more than 60 years. What’s new is the combination of the horizontal drilling technique, which has only been around for about 15 years, and the high volume slick water concept. Instead of tens of thousands or 50,000 gallons of water per well, they’re using anywhere from 8 to 10 million gallons of water per well; and anywhere from 7,500 to 50,000 gallons of concentrated chemicals.”

    Market said those who say there are no alternatives to fracking for providing the energy to run modern society should look to Germany.

    “Currently, Germany, a country four times the size of Ohio, produces more than 40 percent of their energy from renewables. They produce more energy from solar panels—both photovoltaic and thermal—than all of North America combined. Yet they’re farther north than Ohio, and have only 50 percent of the available solar energy that we have.”

    Markert said public policy explains the difference between Germany and the United States.

    “Germany’s government has been very proactive in making sure that subsidies and incentives are put in place to encourage the development of green energy alternatives and discourage the use of fossil fuels through taxes.”

    #426360
    rus
    rus
    Participant

    So energy should cost at least four times what it does now. Because the jobs created by natural gas extraction are all for domestic terrorists. Solyndra was freedom fighters or something.

    Right.

    #426361

    News
    Participant

    “Fracking” Brings Protesters To Statehouse
    January 11, 2012
    by Bill Cohen
    89.7 NPR News Morning Anchor

    About 125 environmental activists from Ohio descended on the statehouse Tuesday to protest fracturing, or as it’s sometimes called, “fracking.” That’s the technique drillers are using more and more these days – pumping water and chemicals into shale at high pressure to release the natural gas trapped inside.

    READ MORE: http://beta.wosu.org/news/2012/01/11/fracking-brings-protesters-to-statehouse/

    #426362

    groundrules
    Participant

    rus said:
    So energy should cost at least four times what it does now. Because the jobs created by natural gas extraction are all for domestic terrorists. Solyndra was freedom fighters or something.

    Right.

    jobs at any cost is part of the current fracking fallacy. On a more general note, it’s funny how the terms ‘jobs’ and ‘terrorism’ come up together in your post, as I’ve noticed that they’ve both been played like a universal trump card in presidential elections. Tossing ‘terrorism’ phrase around when Bush II was running was paramount to wielding a political billy club- not to be questioned, just get in line. It was an untouchable term. Same with ‘Jobs’ in 2012. All a candidate has to do is spout it as much as possible, even if there’s no understanding or actual plan behind it. Just say it enough and hope that voters think ‘geez, this guy must know what he’s talking about!’

Viewing 15 posts - 376 through 390 (of 752 total)

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