Chesapeake Energy

Utica landowners lose appeal in lease-renewal dispute with Chesapeake Energy
Chesapeake Energy / Energy / Hydraulic Fracturing

Utica landowners lose appeal in lease-renewal dispute with Chesapeake Energy

COLUMBUS — “A federal appeals court has upheld a decision in favor of Chesapeake Energy Corp. in a case that should help clear up a leasing dispute between oil and gas drillers and some Ohio landowners. In 2007, the Eastham family in Jefferson County signed a five-year mineral extraction lease […]

Aubrey McClendon is making a big bet on Ohio with his American Energy Partners.
Chesapeake Energy / Energy / Hydraulic Fracturing

Aubrey McClendon: ‘I need deals and I need people’

HOUSTON, TX — “Aubrey McClendon, the former head of Chesapeake Energy Corp. who is charging into the Utica shale play with a new venture, has raised $4 billion more to drill in the U.S. McClendon told a Houston conference that he’s looking to acquire land and workers. His Utica shale […]

A Chesapeake Energy storage tank near Dilley, Texas. (Pat Sullivan/AP)
Chesapeake Energy / Hydraulic Fracturing / Injection Wells

Chesapeake chasing ‘all-but-forgotten’ shale assets

HOUSTON, TX — “Just a month after BP decided to take a $521 million hit to abandon its plans for the Utica Shale, Chesapeake Energy last week called the region its ‘newest world-class asset.’ …The Utica, an Ohio shale play that operators originally believed would yield large bounties of pure […]

Getty Images
Chesapeake Energy / Eramet / Hydraulic Fracturing

Shale pioneer Aubrey McClendon hires Chesapeake in Utica

NEW YORK, NY — “Aubrey McClendon, the pioneering shale wildcatter who helped usher in the U.S. energy renaissance, has hired the company that fired him to drill wells for his newest natural gas venture. A subsidiary of McClendon’s American Energy Partners LP is paying between $23,500 and $26,000 a day […]

Columbiana County Commissioner Tim Weigle.
Chesapeake Energy / Energy / Hydraulic Fracturing

Commissioner keeps eye on shale development

COLUMBIANA — “Columbiana County Commissioner Tim Weigle is keeping his eyes on the state’s severance tax legislation and a bird’s eye view on the Utica Shale development under way in the county. The aviator has watched the development unfold while traveling across Columbiana and surrounding counties on his own flights, and […]

A Chesapeake Energy oil well near Big Wells, Texas.
Chesapeake Energy / Energy / Hydraulic Fracturing

Chesapeake Energy spinning off oilfield-services unit as Seventy Seven Energy

COLUMBUS — “Chesapeake Corp. plans to spin off its multibillion-dollar oilfield-services division as the energy company continues to simplify its business. The standalone company will be called Seventy Seven Energy Inc. As part of Chesapeake Oilfield Operating LLC, the Oklahoma City-based drilling-services subsidiary generated revenue of $2.2 billion last year […]

Chesapeake Energy’s $5 billion shuffle
Chesapeake Energy / Energy / Hydraulic Fracturing

Chesapeake Energy’s $5 billion shuffle

The energy giant raised the cash it needed to survive by slashing royalties it paid property owners to drill on their land NEW YORK, NY — “At the end of 2011, Chesapeake Energy, one of the nation’s biggest oil and gas companies, was teetering on the brink of failure. Its […]

Scott Detrow/ StateImpact Pennsylvania
Lt. Governor Jim Cawley.
Chesapeake Energy / Energy / Hydraulic Fracturing

Lt. Governor Cawley: Chesapeake Energy royalty practices are ‘egregious’

HARRISBURG, PA — “Lieutenant Governor Jim Cawley sat down with StateImpact Pennsylvania recently to talk about how the Corbett administration is handling allegations of fraud against the state’s biggest natural gas driller– Chesapeake Energy. Corbett recently reached out to state Attorney General Kathleen Kane and asked her to investigate complaints the company […]

Photo by Casey Junkins
The Blue Racer Midstream Natrium natural gas processing plant in Marshall County will soon double its processing capacity.
Chesapeake Energy / Energy / Hydraulic Fracturing

More plans at Blue Racer

Reopened facility will expand to double its current capacity NATRIUM, W.VA — “High demand for Utica and Marcellus shale ethane, propane, butane and other natural gas liquids is driving Blue Racer Midstream to double the size of its Marshall County processing plant along the Ohio River. The facility, which recently […]

Natural gas industry trucks continue traveling between Chesapeake Energy drilling sites, despite the company’s work force reductions. Photo by Casey Junkins
Chesapeake Energy / Energy / Hydraulic Fracturing

CHK continues employee cuts

Hundreds laid off across the United States UNIONTOWN — “Chesapeake Energy just opened its office at Fox Commerce Park earlier this year, but the Ohio Valley’s largest active natural gas driller is cutting hundreds of workers throughout the country. Now, Oklahoma City-based Chesapeake has issued a federal Worker Adjustment Retraining […]