The Marcellus shaleA fine grained sedimentary rock composed mostly of consolidated clay or mud. Shale is the most frequently occurring sedimentary rock.ShaleA fine grained sedimentary rock composed mostly of consolidated clay or mud. Shale is the most frequently occurring sedimentary rock. is one of the most highly productive types of sedimentary rock whose density provides
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It’s a bird! It’s a plane! It’s a … rigThe physical apparatus used to drill and frack wells. These are large portable operations that are assembled on site and disassembled when the well has been capped or brought into production.? Airplane passengers may begin to notice new features popping up across the landscape beneath them
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Chesapeake Energy Corporation and Sinopec International Petroleum Exploration and Production Corporation (Sinopec) recently announced the execution of an agreement which provides for Sinopec to purchase a 50% undivided interest in 850,000 of Chesapeake’s net oil and natural gasA naturally occurring mixture of hydrocarbon and non-hydrocarbon gases beneath the earth’s surface – often in association with petroleum.
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Chesapeake Energy Corporation (NYSE:CHK) announced recently that its Co-founder, Chief Executive Officer and President, Aubrey K. McClendon, has agreed to retire from the company on April 1, 2013 and will continue to serve as Chief Executive Officer until his successor is appointed. Mr. McClendon, 53, has served as Chesapeake’s Chief Executive Officer since the inception
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Methanex Corporation and Chesapeake Energy Corporation recently announced the execution of a 10-year agreement to supply all of the natural gasA naturally occurring mixture of hydrocarbon and non-hydrocarbon gases beneath the earth’s surface – often in association with petroleum. required for Methanex’s one million tonne per year methanol plant in Geismar, Louisiana. Commencement of natural gasA
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