Chesapeake Energy

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An October, 2008 report noted a great deal of leasing activity by ''Chesapeake Appalachia LLC'' in Bradford County, Pennsylvania. According to the ''County Registrar of Deeds'' 2,018 gas leases were signed with Chesapeake and recorded in 2008. An October, 2008 report noted a great deal of leasing activity by ''Chesapeake Appalachia LLC'' in Bradford County, Pennsylvania. According to the ''County Registrar of Deeds'' 2,018 gas leases were signed with Chesapeake and recorded in 2008.
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 +Also in October, Chesapeake applied for a permit to the [[Delaware River Basin Commission]] to withdraw roughly 100,000 gallons per day of water from the East Branch at Peas Eddy. The water is for use use in drilling and [[Hydro-fracturing|fracking]] gas wells
In November, 2008 [[Statoil-Hydro]] Oil bought about a one-third share in Chesapeake's Marcellus leasehold for $3.4 billion. In November, 2008 [[Statoil-Hydro]] Oil bought about a one-third share in Chesapeake's Marcellus leasehold for $3.4 billion.

Revision as of 00:23, 30 January 2009

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Chesapeake Energy Co (CHK.N) is the number one driller of natural gas in the U.S. It's headquarters is in Oklahoma City, OK.

Chesapeake has 1.8 million acres under lease in the Marcellus shale. Much of its activity in this formation is conducted through its subsidiary, Chesapeake Appalachia LLC headquartered in Charleston, West Virginia.

The company has leased a combined 4,522 acres as of July 30, 2008 in Sullivan County, New York where there is a reservoir for New York City drinking water.

A September, 2008 report indicated drilling in the Elmira, N.Y area.

The company also has a large number of drilling permits either accepted or pending in Pennsylvania especially in Bradford, Susquehanna, and Wyoming Counties.

An October, 2008 report noted a great deal of leasing activity by Chesapeake Appalachia LLC in Bradford County, Pennsylvania. According to the County Registrar of Deeds 2,018 gas leases were signed with Chesapeake and recorded in 2008.

Also in October, Chesapeake applied for a permit to the Delaware River Basin Commission to withdraw roughly 100,000 gallons per day of water from the East Branch at Peas Eddy. The water is for use use in drilling and fracking gas wells

In November, 2008 Statoil-Hydro Oil bought about a one-third share in Chesapeake's Marcellus leasehold for $3.4 billion.

Also in late December, 2008 the company took out permits in the Town of Hancock in Delaware County, New York. Five wells are proposed with drilling to begin the following year.

In January, 2009 the company was found taking out a drilling permit for a well in Oregon Township near Fox Hill Road situated in Wayne County, Pennsylvania.

Chesapeake's CEO is Aubrey McClendon.

Scott Rotruck is Vice President of Corporate Development and spokesman on Marcellus shale drilling.

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