*Substitute your state environmental regulating agency

Guest post by Lynn Senick:

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On Feb. 2, DEP fined Talisman Energy $3,500 for violations at its “Cease” well pad in Troy Township discovered during inspections in 2009.

A February 2009 inspection revealed that the company had not publicly posted the permit number and other required information at the entrance of the well pad. During a follow-up inspection in June 2009, a DEP statement explains, “flow-back fluids — or the fluids that are used to break up underground rock and then return to the surface — were found discharging into a drainage ditch, an adjacent sediment basin, and eventually through a vegetated area into an unnamed tributary of the south branch of Sugar Creek.” The Daily Review

“A vertical drilled well in The Marcellus Shale zone costs $810,000 to drill while a horizontal drilled well will cost you roughly 3-5 million dollars.” oilshalegas.com

In the Marcellus shale, Talisman drilled nine gross (nine net) wells during the quarter, for a total of 12 gross (12 net) in the first half of the year. The development plan is ahead of schedule and the company is now producing at rates in excess of 30 million cubic feet of gas per day. ugcenter.com

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COST OF DRILLING ONE HORIZONTAL WELL; $ 4 MILLION

A FINE OF $3500 is 0.0875%  – the value of a a used Chevy Caravan.

VALUE OF CLEAN AIR, LAND, & WATER?

PRICELESS

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Tags: DEP, fine, spill, Talisman, violations