"Rex did the same thing in westmoreland county a few years ago"
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rex energy rescinds lease offers
19 Replies
Started this discussion. Last reply by Otto Miller Oct 9, 2009.
pulling rigs
9 Replies
Started this discussion. Last reply by ji Mar 1, 2012.
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ji replied to richard bender's discussion 'pulling rigs'""where nothing like this is known to have ever happened". Actually it has. In the early 1980's there was a serious brine disposal problem in Ohio especially in NE Ohio. A clinton oil boom occurred in the late 70's and 80's…"
ji replied to richard bender's discussion 'pulling rigs'"I think I know some of the answer but I still like to ask the question. What the hell did these O&G companies think they were going to do with this waste? Did they not know that Pa. had something like only 6 disposal wells. OOPs. They know how…"
Chartist replied to richard bender's discussion 'pulling rigs'"They're pulling out PA due to the dry gas market not being as profitable as the wet gas.....They'll be back."
Dan replied to richard bender's discussion 'pulling rigs'"The O&G companies don't decide how the frac water is treated the State of PA did. A few of the O&G companies told PA they were nuts sending it to water treatment plants. It's not just PA water that was effected. …"
oildude replied to richard bender's discussion 'pulling rigs'"The oil companies saw the pollution problems coming. They simply made their decisions based on economics. They do things until its not profitable anymore and then they go somewhere else. My sister was selling her farm and had moved out of the house.…"
ji replied to richard bender's discussion 'pulling rigs'"Oil and gas companies couldn't dump their enormous amount of frac and production wastewater into sewage treatment plants anymore because it wasn't treating the waste and was causing serious water pollution and drinking water…"
Billy Park Whyde replied to richard bender's discussion 'pulling rigs'"good question the article is 2008"
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- At 12:57am on May 23, 2010, rod matson gave richard bender a gift…
- At 5:50pm on November 16, 2009,
Keith Mauck (Site Publisher) said… - Just wanted to touch base with you. Hope things are well and that this is a site where you can dive in and begin contributing. Please be sure to check out our county groups and see if there is a county you can participate in. Have fun "shaling."
Keith
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- At 11:55am on March 7, 2009,
Vic said… - yes Richard Rex Energys southwestern region consists of the properties owned by the company in Texas and New Mexico prodominatly located in the Permian Basin. the sale consosts of around 10,000 acres. the buyer of these assets is Adventure Exploration Partners, LLC of Midland, Texas theses assets were puchased for around $18 million. Rex sold these assets for part of there plan to focus there efforts on the Marcellus they plan on drilling around 10 holes in 2009 in this gas play. also to part of the asset sale is gonna be used in there Lawrence field ASP flood project in the Illinois Basin. i hope this helps you the Marcellus is a very hot gas play right now and i doubt very much if any company would recind its leases in this play. i am very familiar with oil and gas drilling ect.
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