Posts Categorized: Gas Drilling Injuries

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Low Energy Prices Take Toll On Chesapeake

Posted by & filed under DLP Law, Gas Drilling Injuries.

Oil prices continue to sink on the international market.  Natural gas prices, spurred downward by the boom in fracking and production , continue to slug along at very low levels. These almost record level low energy prices are taking their toll on energy companies worldwide. This week, Chesapeake Oil and Gas announced that profits are… Read more »

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Politics, Cancelled Plans And Pipeline Opposition Top Pennsylvania Marcellus Shale News

Posted by & filed under DLP Law, Gas Drilling Injuries.

Governor Tom Wolf was elected based upon a platform that promised to keep a closer eye on the growing Marcellus Shale natural gas industry in Pennsylvania.  To back up his campaign promises, Governor Wolf has nominated John Quigley to serve as the new Secretary of the Department of Environmental Protection.  In recent years Mr. Quigley… Read more »

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Governor Elect Tom Wolf Makes Dep And Dcnr Appointments

Posted by & filed under DLP Law, Gas Drilling Injuries.

The natural gas industry, fracking and a statewide severance tax all became significant issues during the recent contest for Governor of Pennsylvania.  Current Governor Tom Corbett was always seen as a pro natural gas drilling executive during his term in office.  Governor elect Tom Wolf successfully portrayed the Governor as a friend of everything natural… Read more »

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Crashing Oil Prices, Fracking Ban In New York, And Now Earthquakes!—fracking Industry Rocked

Posted by & filed under DLP Law, Gas Drilling Injuries.

Oil prices continue to fall at a dramatic pace.  This week the price dropped to under $50 per barrel for the first time in many years.  Oil and natural gas companies have been hit hard throughout the world.  One immediate result–along with significantly lower gas prices at the pump; which is good–has been the curtailing… Read more »

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2014 Year In Review For Marcellus Shale

Posted by & filed under DLP Law, Gas Drilling Injuries.

2014 was a very interesting year for the Marcellus Shale business in Pennsylvania and throughout the Northeast. The year started with continuing depressed natural gas prices.  As a result of the low prices, drilling for new wells decreased substantially.  Companies, such as Chesapeake, saw a lot of change.  Reduction in leaseholds and shake up of… Read more »

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Anti Fracking Decision In New York Dominates Gas Drilling News

Posted by & filed under DLP Law, Gas Drilling Injuries.

The fallout from Governor Cuomo’s decision to ban fracking in New York continues.  Numerous reports contain complaints from property owners in the Southern Tier and rural upstate New York about the ban.   Many residents across the Pennsylvania boarder were holding gas leases for years similar to those held by their Pennsylvania neighbors.  Many were hoping… Read more »

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Governor Cuomo Bans Fracking!!

Posted by & filed under DLP Law, Gas Drilling Injuries.

The New York Times within the hour just reported that Governor Cuomo has banned fracking statewide citing a just released health and welfare report critical of the effects of the fracking process.  This ban keeps in place the ongoing moratorium on fracking throughout New York.  More updates will follow.

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Utica Shale Drilling For Natural Gas Comes To Pennsylvania In A Big Way

Posted by & filed under DLP Law, Gas Drilling Injuries.

Everyone knows about the Marcellus Shale natural gas reserves which are being fracked throughout Pennsylvania.  Marcellus refers to the level within the ground at which natural gas is trapped in shale formations.  The shale is “fracked” releasing the natural gas to flow to the surface for harvesting.  Of course the natural gas production from the… Read more »

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Falling Oil Prices Top Fracking News

Posted by & filed under DLP Law, Gas Drilling Injuries.

Those who follow the natural gas drilling business are well aware of the effects that low natural gas prices have had on the industry.  For several years now natural gas has floated at relatively low market values.  The result has been a slow down in new well openings and a decrease in new well exploration…. Read more »