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KimFeil

KimFeil
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  • The Natural Gas 'Ponzi Scheme' [View article]
    So if over 500,000 shale wells have been drilled in recent years, then those people are the "entlightened" ones to air, soil and water pollution issues and those like near that disposal site in Arkansas who saw the migration of the drilling waste fluids...http://bit.ly/TpwD3X
    I would think that going long on natural gas might be safer than investing in these drilling companies who get the tarsands sued out of them.
    Aug 28 01:05 PM | 5 Likes Like |Link to Comment
  • No Bakken, But Everything Else - Chesapeake Energy Is Set Up To Succeed [View article]
    NG leaks from cradle to grave worsen climate change. Texas doesn’t even screen for methane in their standard air tests or their permanent air monitoring stations....its bad players like them that make NG have a bad name. Chesapeake had a chance to flowback 3 wells near the Cowboy Stadium, but refuses to use urban friendly flowback tanks as requested...instead they used rural OPEN HATCH flowback tanks and flowed invisible hydrocarbons ...even the EPA didn't realize their last round of New Source Performance Standards to regulate Green House Gases missed that part in outlawing open hatch flowback tanks. The Gas buster flowback tanks exist that are ventless and pressurized..but Chesapeake is too cheap to drill right in Arlington-hell they admitted they won’t be fracking the 4th well using engines to run on natural gas--they will use diesel....again..... in our highly, densely populated urban area near the stadium....bad players like Chesapeake give a bad name to gas drilling. We wish Exxon would buy them out in Arlington...we fear bad players like them.
    Jan 22 12:34 PM | 4 Likes Like |Link to Comment
  • Alternative Ways To Invest In Chesapeake Energy [View article]
    Chk needs to disclose every gas well that is tied to a Volumetric Production Payment Contract so the owners of those minerals can make sure they did NOT drill that well so that it had an impressive Initial Production rate .....Chk has been accused of overproducing wells at the mineral owners expense (getting the motherload out at the lowest possible price).
    Sep 20 06:25 AM | 4 Likes Like |Link to Comment
  • How Did Chesapeake Sell $12 Billion Of Assets And Actually Increase Its Debt? [View article]
    Well that explains why they haven’t any money to drill right in urban areas...they should be quickly taking advantage of using natural gas to power their fracking engines with and they should be considerate of the breathers near the Cowboy Stadium and flowback into urban tanks that are ventless and pressurized. Chk is a bad player in my book. The wave is growing on how many people Chk fracks out of clean air and royalties.
    Jan 29 02:12 PM | 3 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
  • 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
  • ConocoPhillips (COP) is the latest foreign oil firm to express interest in Chinese shale,  showing how just as Chinese oil companies pile into North American shale gas, the reverse also is increasingly true. This week, China said it is offering 20 blocks in a shale gas tender, the first time foreign companies will be allowed to participate in JV bids as minority partners. [View news story]
    Shale is unconventional energy and the rush has caused innocent people like me to leave the "working for a paycheck" life, and pursue "working for the truth". Now that I am enlightened, I need to make sure this "truth works for change" to make urban drilling safer to live near.

    Aside from methane leaks that speed up global warming (not climate change which is cyclical), I need investors in shale to "reason" with the industry, and so I need you to help me speak to them as they are not responsive to me.

    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)….

    Please make it a standard practice to always use electric rigs in urban areas.

    All mud farming is subject to open records of water and soil test results.

    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.

    Please add scrubbers to the open hatch flowback tanks during topflow, and we shouldn't have to wait 2.5 years for EPA mandated Green Completions.

    The pipeline should be in place FIRST before fracturing so that flowback doesn't sit in the ground for months festering a man-made hydrogen sulfide of stale water flowback.

    The setback away from people should be very far. A doctor who is an environmental tester said that the health effects are being seen downwind from about 1,800 - 2,500 feet.

    Lastly, the industry should be able to guarantee that the casings will last "on the majority of them", and that the injections wells won't cause regrettable seismic events or migrate their horrid contents eventually into our drinking water.
    Sep 12 09:50 AM | 3 Likes Like |Link to Comment
  • Call Me Crazy, But I Think Chesapeake Energy Has Turned Over A New Leaf [View article]
    Another thing NOT going for natural gas is that those power plants that have switched from coal to natural gas now have an added risk of the nature of the interdependency of natural gas and electricity to each other. This opens the door for nuclear, wind, and solar to be playing an important role in being what keeps rolling blackouts from happening when those natural gas fired power plants have interruptions in receiving natural gas (ie during freezes or storms or during pipeline disruptions).

    The Texas and New Mexico power outages of Feb. 2011 during the extended freeze was a lesson learned about how not so great/reliable natural gas is for example...some urban natural gas compressors and compressor stations are powered with “electricity” and when the lights go out, so do the compressors.

    Texas and New England are about 40% dependant on natural gas at their power plants, so they have more interdependency risk than other states.

    If natural gas ever does go back up high enough...I read that some power plants will just switch back to burning coal-whatever is cheaper (this won’t help Chesapeake)...anybody know anything more about that?
    Jan 10 09:00 PM | 2 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
  • 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
  • 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
  • Analyzing Chesapeake Energy's Debt And Risk [View article]
    The "offbook" debt is a huge concern as tokyostory88 points out. The industry as a whole needs to also address public concerns on unconventional shale practices and those sweet spots in urban areas like in Arlington TX......they need to make it a standard practice to always use electric rigs in all airsheds.

    All mud farming (private and commercial) needs to be subject to open records of water and soil test results.

    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.

    Please add scrubbers to the open hatch flowback tanks during topflow.

    Once the topflow hydrocarbonated flowback is of the "gas to fluid saleable ratio" and ready to connect to a pipline/sales meter, 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.

    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.

    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.

    Lastly, the industry should be able to guarantee that the casings will last "on the majority of them", and that the injections wells won't cause regrettable seismic events or migrate their horrid contents eventually into our drinking water.
    Sep 26 10:12 AM | 2 Likes Like |Link to Comment
  • Can Shale Gas Ever Be Profitable? [View article]
    Whether or not it is SAFE to drill near people will be the resistance that eventually kill off urban drilling and we will oust out officials that are NOT demanding 1) electric drilling rigs, 2) technology to keep the frack sand, toxic silica dust our of our lungs during fracturing, and to 3) flowback IMMEDIATELY into separators and pipelines and NOT waft the NBTEX, frack chemicals, NORM, heavy metals and other nasties into our air shed.
    Jun 13 03:24 PM | 2 Likes Like |Link to Comment
  • Why Chesapeake Energy Isn't A Takeover Target [View article]
    NG=dinosaur fossil fools.....solar and wind are where the future is at because the inputs (sun & wind) have zero cost....fracking has extreme costs to the bottom lines of these brave companies buying into the shale bubble
    Oct 27 01:07 PM | 1 Like Like |Link to Comment
  • Reuters: Chesapeake pumping up royalty deductions to cut costs [View news story]
    I believe there is an interest in also placing the burden of environmental cleanup costs on the land owners leasing their land too...its only fair.
    Aug 28 01:11 PM | 1 Like Like |Link to Comment
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