Belden & Blake Corporation

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Revision as of 15:04, 4 May 2009 Tcopley (Talk | contribs) (Belden & Blake wins the right to drill in Oil Creek State Park, PA) ← Previous diff		Revision as of 23:16, 6 August 2010 Tcopley (Talk | contribs) (clean up) Next diff →
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	North Canton, Ohio-based '''Belden & Blake Corporation''' is a privately held oil and gas exploration and production company owned by ''TPG Capital'' (formerly Texas Pacific Group), one of the largest private equity investment firms in the world, and by other investors.		North Canton, Ohio-based '''Belden & Blake Corporation''' is a privately held oil and gas exploration and production company owned by ''TPG Capital'' (formerly Texas Pacific Group), one of the largest private equity investment firms in the world, and by other investors.
-	In April, 2009 Belden was the subject of an enforcement action by the [[Susquehanna River Basin Commission]] (SRBC) for using water without obtaining prior approval from the Commission. The water was being withdrawn to [[Hydro-fracturing|hydraulically facture]] a well being recompleted to the [[Marcellus shale]] formation that in 1995 had originally been drilled targeting a deeper Devonian shale layer known as the ''Oriskany formation''. The well is located in Smithfield Township, [[Bradford]] County, [[Pennsylvania]].	+	In April, 2009 Belden was the subject of an enforcement action by the [[Susquehanna River Basin Commission]] (SRBC) for using water without obtaining prior approval from the Commission. The water was being withdrawn to [[Hydro-fracturing|hydraulically facture]] a well being recompleted to the [[Marcellus shale]] formation that in 1995 had originally been drilled targeting a deeper sandstone layer known as the [[Oriskany|Oriskany formation]]. The well is located in Smithfield Township, [[Bradford]] County, [[Pennsylvania]].
	Belden reported that they had obtained the water from the Sayre, PA facility of ''Aqua Pennsylvania'' which is a public supplier. SRBC maintained that the company still needed to get prior approval before using this water even when obtained from a private source.		Belden reported that they had obtained the water from the Sayre, PA facility of ''Aqua Pennsylvania'' which is a public supplier. SRBC maintained that the company still needed to get prior approval before using this water even when obtained from a private source.

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Revision as of 23:16, 6 August 2010

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North Canton, Ohio-based Belden & Blake Corporation is a privately held oil and gas exploration and production company owned by TPG Capital (formerly Texas Pacific Group), one of the largest private equity investment firms in the world, and by other investors.

In April, 2009 Belden was the subject of an enforcement action by the Susquehanna River Basin Commission (SRBC) for using water without obtaining prior approval from the Commission. The water was being withdrawn to hydraulically facture a well being recompleted to the Marcellus shale formation that in 1995 had originally been drilled targeting a deeper sandstone layer known as the Oriskany formation. The well is located in Smithfield Township, Bradford County, Pennsylvania.

Belden reported that they had obtained the water from the Sayre, PA facility of Aqua Pennsylvania which is a public supplier. SRBC maintained that the company still needed to get prior approval before using this water even when obtained from a private source.

At the end of April, 2009 it was announces that Belden & Blake had won the right through favorable court ruling to drill three 6,000 ft. deep gas wells in Pennsylvania's Oil Creek State Park.

Belden has an office in Pleasantville, Crawford County, Pennsylvania.