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Drilling Down
Eastern Gateway Offers Oil, Gas Hazard Course
Tuesday, June 18, 2013STEUBENVILLE, Ohio -- Eastern Gateway Community College is offering the course OSHA 5810 -- Hazards Recognition and Standards for On-Shore Oil and Gas Exploration and Production. The course is in collaboration with the Great Lakes OSHA Education Center and RiskControl360.
Chesapeake Eyes Rewards from Billions in Investments
Monday, June 17, 2013OKLAHOMA CITY -- Chesapeake Energy Corp. executives say that the billions of dollars in up-front investments its made to develop lease positions in shale plays across the country will likely pay off in terms of measured, sustainable returns for the company and its investors.
"Now is the time to develop our core assets and to focus on delivering strong financial performance," said Steve Dixon, acting CEO of Chesapeake during the company's annual meeting Friday. "We are entering a period of sustained value realization for our company and our shareholders."
Shale Well Impact Fees Generate $406M for Pa.
Monday, June 17, 2013HARRISBURG, Pa. -- Pennsylvania Act 13 has generated more than $202 million through an impact fee assessed on unconventional wells drilled in 2012, the state treasury department reports.
The state also collected more than $204 million last fall, bringing the total to more than $406 million in less than eight months, with the majority of the revenues going to local communities.
Wenger Explains New Rules on 'Forced Unitization'
Friday, June 14, 2013YOUNGSTOWN, Ohio -- Landowners should have more protection, thanks to new state laws that will force energy companies to provide more notice and documentation as they pursue larger drilling units, says attorney Alan D. Wenger, chair of the Oil & Gas Law Practice Group at Harrington, Hoppe & Mitchell.
The new regulations, issued earlier this month, provide more specifics about the documentation energy companies will need to provide as the seek forced unitization.