The American Midwest has seen something of an earthquake boom in recent years, and speculation that the earthquakes are related to shale gas drilling has run rampant. In 2001, the frequency of earthquakes from Montana to Alabama began to rise, the number of quakes of magnitude 3.0 or greater reaching 87 in 2009. The 134 [...]
Archive for the ‘Onshore Drilling’ Category
16 May
Last Week in Environmental Contingencies and Proceedings Disclosure – Oil and Gas Extraction Industry Edition!
As we’ve posted in the past, public companies must generally disclose material legal proceedings in their annual and quarterly reports to the SEC. Today we’ve pulled some disclosures of environmental liabilities from companies in the Oil and Gas Extraction Industry. We did this by limiting our search on the knowledgemosaic SEC filings page to the [...]
11 Apr
Leaked Memos Show Increased Roadblocks for Environmental Enforcement
Late last month, investigative news organization ProPublica was tipped off about a new directive that had been quietly established at Pennsylvania’s Department of Environmental Protection (DEP). The new procedures call for all violations discovered during field inspections of Marcellus Shale drilling activities to be first run by the Deputy Secretary for Field Operations. Only once [...]
