Does anybody know if Chesapeake Energy is having any success with the well in south Beaver Township? Also, what kind of interest is there to drill in Brighton Township within the next few years?
I doubt anyone knows how successful their first well will be. I don't believe it is ready to be fraced yet, and the freshwater containment pond hasn't been built quite yet. I only see what they are doing via going out to take a look, and researching the court house and state DEP records. They are permitting multiple wells. There are other activities that seem to point to an increase drilling activity. I can't wait to see what the next 12 months brings. They must feel something great is here is my opinion, but i have no knowledge of any facts to back it up.
One thing we DO have in our favor is the easy access to market via the large long distance natural gas lines running right through the area. I believe the gas line they will connect to in South Beaver isn't more than 1000' from the well pad/compressor station area. That is a big plus.
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