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KimFeil

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  • Chesapeake Energy (CHK -1.2%) has been given permission to frack for natural gas just one mile away from First Energy's Beaver Valley nuclear power station in Shippingport, Pa. State regulators say there are no required setbacks specifically relating to a required distance between unconventional wells and nuclear facilities. [View news story]
    They already drilled a few maybe four wells near the dam by the Glenrose nuke plant 50 mi south of Dallas....we had a report of an incident at one of the drill sites in Genrose and it took me all morning to ensure it was not one of the wells by the dam.....lots of dead animals in the vicinity of one padsite is what was reported...
    Oct 29 09:46 PM | Likes Like |Link to Comment
  • Chesapeake: Another Comeback Story? [View article]
    For those that are thinking of resigning and with all the negative publicity about Chk not paying royalties as promised...here is some news I’m flooding the internet with so Chk will get it in their head to DRILL RIGHT>>>
    I live at ground zero for urban drilling. We have about 60 padsites in our 99 sq mile town here in Arlington TX. The following requests won’t cover public protections on the huge buildout and the associated human errors or accidents. We had a drill spill in Lake Arlington, our drinking source, a couple of years ago and have had maybe a dozen emission events over the last couple of years that I am aware of. The following are the items lacking in our oil and gas drilling ordinance….

    1. Use electric (not diesel) rigs in urban areas.
    2. Video tape ALL cement casing pours when it comes back up to the top through the annulus so that there is proof of an even pour and ensure all wells have electric bond log tests.
    3. All drilling mud farming (private & commercial) and *brine “road spraying” is subject to open records of water & soil test results.
    4. We need the industry to invent technology to keep the toxic, silica dust on the padsite-those pathetic pillow case looking socks aren’t getting the job done.
    5. Mandate ventless, emission free flowback tanks.
    6. We shouldn’t have to wait 2.5 years for the EPA mandated Green Completions and allow venting or flaring in urban or rural areas….methane losses should be prevented-period.
    7. The pipeline should be in place FIRST before fracturing so that flowback doesn’t sit in the ground for months festering some unknown, man-made hydrogen sulfide-like stale water flowback.
    8. The setback away from people should be substantial. Rural method drilling is not acceptable in urban areas. A doctor who is an environmental tester said that the health effects are being seen downwind from about 1,800 – 2,500 feet.
    9. Zero tolerance for underinspected, or faked Waste Disposal Injection Well casing pressure tests which risks eventual migration of toxic fluids into our drinking supplies.
    10. State entities overseeing oil and gas should regulate how close the old wells are to new wells.
    Oct 28 05:05 PM | 2 Likes Like |Link to Comment
  • Chesapeake: Another Comeback Story? [View article]
    yep the leg they cut off was their quarterback called their midstream business...sold...gone..
    Oct 28 05:03 PM | 3 Likes Like |Link to Comment
  • Natural Gas And Crude Energy Markets: Brief Overview [View article]
    There are other problems with natural gas too...I live at ground zero for urban drilling. We have about 60 padsites in our 99 sq mile town here in Arlington TX. The following requests won’t cover public protections on the huge buildout and the associated human errors or accidents. We had a drill spill in Lake Arlington, our drinking source, a couple of years ago and have had maybe a dozen emission events over the last couple of years that I am aware of. The following are the items lacking in our oil and gas drilling ordinance….

    1. Use electric (not diesel) rigs in urban areas.
    2. Video tape ALL cement casing pours when it comes back up to the top through the annulus so that there is proof of an even pour and ensure all wells have electric bond log tests.
    3. All drilling mud farming (private & commercial) and *brine “road spraying” is subject to open records of water & soil test results.
    4. We need the industry to invent technology to keep the toxic, silica dust on the padsite-those pathetic pillow case looking socks aren’t getting the job done.
    5. Mandate ventless, emission free flowback tanks.
    6. We shouldn’t have to wait 2.5 years for the EPA mandated Green Completions and allow venting or flaring in urban or rural areas….methane losses should be prevented-period.
    7. The pipeline should be in place FIRST before fracturing so that flowback doesn’t sit in the ground for months festering some unknown, man-made hydrogen sulfide-like stale water flowback.
    8. The setback away from people should be substantial. Rural method drilling is not acceptable in urban areas. A doctor who is an environmental tester said that the health effects are being seen downwind from about 1,800 – 2,500 feet.
    9. Zero tolerance for underinspected, or faked Waste Disposal Injection Well casing pressure tests which risks eventual migration of toxic fluids into our drinking supplies.
    10. State entities overseeing oil and gas should regulate how close the old wells are to new wells.
    Oct 28 04:56 PM | 2 Likes Like |Link to Comment
  • Why You Should Buy Chesapeake Energy Now [View article]
    Though as more and more royalty shorts happen, the more investors may shy away.....http://bit.ly/PvCUPO
    Oct 26 09:54 AM | 1 Like Like |Link to Comment
  • The NYT tells the fascinating story of how frenetic bankers like Ralph Eads III raised way too much money to finance the shale gas production dreams of those like his frat brother Aubrey McClendon (CHK). "Quit drilling," pleaded T. Boone Pickens to his fellow EXCO (XCO) board members as gas prices plunged. It made sense, but there was a problem: The terms of the EXCO's financing and leasing agreements required the company to continue. [View news story]
    The fossil fuel industry and their pet politician’s days are truly numbered as folks are extremely motivated to expose that the only real game changer in fracking/tar sands and mountaintop mining has been to cheat the American public out of their property values, health, and future livibility of this planet. With each new spud, there spuds more activists. We are not helpless, we are machines destined to grow our movement to kill extreme fossil fuel pursuits and show that green jobs are sustainable AND more productive.
    Oct 21 08:57 AM | Likes Like |Link to Comment
  • Chesapeake Energy: Oklahoma Asset Sales May Surprise To The Upside [View article]
    Here is a press release circulating...yeah go ahead and invest in high risk CHK...."Chesapeake Rig up yesteday at Truman/Cowboy Stadium drillsite...risk factor has multiplied as drilling phase is the “oops I hit a methane pocket” PLUS the 3 wells fracked last month still have yet to be flowed back....all that under pressure/flammable fluids still in the ground are too close to my family/neighborhood and all the surrounding businesses not to mention our cash cow entertainment district and growing downtown area.

    UNNECESSARY RISK TO PUBLIC HEALTH = URBAN DRILLING There is a reason industrial zoning is desgined to be away from residential areas..”
    Oct 20 09:53 AM | 3 Likes Like |Link to Comment
  • Big Oil And Gas To Find Synergy In Solazyme's Innovative Solutions [View article]
    If Solazyme can displace fracking's other problems besides risk of water contamination (see below), then they'd be a great investment. Here are the other issues with fracking that I uncovered in Arlington TX. When I found out this drilling was to be by my family, I studied the process full time for a good two years and in a nutshell, the technology is not there yet to do this safely by people. Even if they use electric instead of diesel rigs to drill, the diesel compressors and generators spew VOC's. During fracturing, the sand catching pillow case/socks fail to mitigate toxic, silica dust exposing workers and residents/students into the neighborhoods/schools. And during flowback, even if they use Green Completions equipment (separator/pipeline), the topflow at the beginning stages of flowback allow hydrocarbons to escape from the OPEN HATCH flowback tanks. They need to use gas buster (degasser) equipment, but it is not mandated by any local,state or federal laws so even the EPA missed that one, so the un-sale-able/dirty gas is being vented into our airshed. There aren't any rules either to mandate that the wells get flowed back right away after fracturing. The 3 wells frac'd by my house last month by the Cowboy Stadium will not be flowed back this year until the pipeline is in place, and so stale flowback (sour well) with dangerous sulfides emissions are very likely. This happened once before at another Chesapeake (Lynn Smith) drill site last March where 911 had to dispatch paramedics for Jean Stephens who was stricken in her own parking lot.
    Oct 17 03:09 PM | 2 Likes Like |Link to Comment
  • This Oil & Gas Stock Should Surprise You In 2013 [View article]
    Chk sold its cash cow Midstream....why follow a team when it lost its star quarterback?
    Oct 15 12:28 PM | Likes Like |Link to Comment
  • This Oil & Gas Stock Should Surprise You In 2013 [View article]
    Oil and Gas journal reports UT methane study to be released in Jan 2013...GHG is now being regulated....unknown proproduction emissions (TCEQ doesn't even screen for methane-go figure) can cause uncertainty in political environment as the EPA strives to protect the physical environment from the surge of global warming. Also unknown is the profitabilty for the gulfcoast LNG operations in exporting as T Boone Pickens reported the cost to ship overseas is about $6-7 mcf if I recall correctly.
    Oct 15 12:25 PM | Likes Like |Link to Comment
  • Natural gas pushes past $3.60, boosted by a smaller-than-expected rise in inventory even as stockpiles hit a record for this time of the year. Morgan Stanley thinks prices could touch $5 by Q1 2013: “Demand remains elevated, and supply should be slow to respond [due to] logistical challenges, more attractive oil economics, and higher breakeven costs outside the Marcellus.” [View news story]
    rigs are now drilling multiple wells and the ave 18 month peak production that has a severe decline curve is just around the corner
    Oct 15 10:09 AM | Likes Like |Link to Comment
  • Natural Gas: Goldilocks In 2013? [View article]
    And the big elephant in the room is how the EPA will not enforce its mandated Green Completions for another 2.5 years so we still have to endure flaring and venting in the urban areas that drilling have become so fond of moving into. The writer of this article needs to be remind of the externalization costs that do exists in mining for any fossil fuel which is speeding up global warming. The public outcry will eventually keep consumers eyes on the one true prize...renewable energy choices. Don't go too long on NG.
    Oct 12 02:35 PM | 1 Like Like |Link to Comment
  • Chesapeake And GE's CNG In A Box Is Bullish For Chesapeake [View article]
    So with the public pushing for more responsbile drilling, and not seeing Chesapeake rise to the occasion...how will public disrespect work for their stock price? Please sign & share my petition, thanks. http://chn.ge/SMdoGS
    Oct 9 12:06 PM | Likes Like |Link to Comment
  • Will Natural Gas Continue To Trade Up? [View article]
    Since Gov Como in New York is waiting for a Shale Health Conference/study.... that puts off more production in that area...will the outcome of this study affect the price?...maybe the price of having health insurance if you live in shale areas.
    Oct 1 12:29 PM | Likes Like |Link to Comment
  • Analyzing Chesapeake Energy's Debt And Risk [View article]
    U must not live by a gas well like I do by they Cowboy Stadium.
    Sep 30 08:55 AM | Likes Like |Link to Comment
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79 Comments
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