Shale Not The Issue In New Republic Article
Posted in the Natural Gas Forum
#1 Jun 14, 2013
Energy In Depth's Shawn:
"No matter how you feel about the New Republic magazine, one should feel the author reporting on a news article is somewhat knowledgeable about the subject matter they are discussing. Yet in their most recent article,“The Amish Are Getting Fracked, Their religion prohibits lawsuits—and the energy companies know it”, New Republic mischaracterizes a lease between an Amish farmer and a small independent traditional producer as “big oil” taking advantage of the Amish. This notion couldn’t be farther from the truth.
Kenoil is a local oil and gas producer in Ohio located in Wooster, in the neighboring county of Wayne. As reported in the article, they have dealt with the Amish in that community before and in general both parties have been happy in their dealings. They are a traditional oil and gas producer who would be more than likely developing the Clinton or Rose Run formations. These formations are the bread and butter for the conventional oil and gas industry in Ohio, an industry that has produced 1 billion barrels of oil and 9 trillion cubic feet of natural gas since 1860. This kind of background is essential when talking about leasing prices.
As a traditional operator, they have been in Ohio for many years developing these resources by use of vertical wells. They are not using horizontal technology and are definitely not operating in the Utica Shale/Point Pleasant formation as misreported in the article. This information is vital when discussing lease prices, especially in the far western region of possible Utica Shale development."
READ THE REST: http://www.eidohio.org/shale-not-the-issue-in...
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