On November 4, 2011, Chesapeake announced a joint venture agreement whereby they agreed to sell part of its holdings in the Utica Shale for $2.3 B. The announcement claimed that CHK would get $649 M…Continue
John H has not received any gifts yet
In researching this subject, I discovered a January 16, 2011 article featured in OilOnLine which provides an interesting alternative to conventional fracking techniques. Virginia based PDN Mountaineer, LLC announded that they have partnered with Utah based Purestream Technology in incorporating their Trilogy system to treat and purify wastewater from their Marcellus operations. Purestream claims to be able to alleviate the environmental impact of hydraulic fracturing by…Continue
Almost without exception, today’s shale wells are stimulated using water-based fracturing fluids (slickwater). This technique is popular due to its ability to transport proppant effectively at a relatively inexpensive cost. However, it is a magnet for criticism from environmentalists, who are concerned about the incredible volume of water needed as well as the resulting contaminated wastewater which must be treated and disposed of properly. Water use is often cited as one of the…Continue
In May of 2011, I read the first article about some shale gas being more valuable due to its specific mineralogy. Most LNG’s are sent to a cracker plant to be processed into ethane and used for the vast myriad of plastic products that our society seem unable to do without. There has been much competition and speculation for several years now regarding building just such a facility here in Appalachia.
However, some apparently think the mineral content and DNA of our LNG’s may be…Continue