Interesting factoid on Chesapeake Energy Corp.:
According to Casey Junkins of the Wheeling Intelligencer News-Register on May 6, the Oklahoma-based energy giant said it earns $13,000 a day at each Utica shale well for natural gas only.
If the well produces natural gas plus ethane, butane and propane, the so-called wet gases, the daily income at each well climbs to $27,800.
If the company keeps the ethane with the natural gas, the daily income climbs again to $38,800 per well.
Chesapeake has said it envisions drilling 12,000 wells in Ohio in the coming years.
The prices paid for natural gas has dropped since May, so the numbers may not be 100 percent accurate today. But it provides ballpark figures..
Click here to read Junkins' story.
Chesapeake Energy Corp,the Oklahoma-based firm is the No. 1 driller in Ohio.
Rig Count Interactive Map by Baker Hughes, an energy services company.
Shale Sheet Fracking, a Youngstown Vindicator blog.
The Ohio Environmental Council, a statewide eco-group based in Columbus.
Earthjustice, a national eco-group.
People's Oil and Gas Collaborative-Ohio, a grass-roots group in Northeast Ohio.
Concerned Citizens of Medina County, a grass-roots group.
No Frack Ohio, a Columbus-based grass-roots group.
Fracking: Gas Drilling's Environmental Threat by ProPublica, an online journalism site.
Pipeline, blog from Pittsburgh Post-Gazette on Marcellus shale drilling.
Allegheny Front, environmental public radio for Western Pennsylvania.