Events

In North Carolina, fracking rights rise to surface

Feb 8, 2013 17:12 UTC

A natural gas pipeline is seen under construction near East Smithfield in Bradford County, Pennsylvania, January 7, 2012. REUTERS/Les Stone

Three years ago, Vince and Jeanne Rhea found the house of their dreams in Shirley, Arkansas. They couldn’t believe the deal: 40 acres complete with a separate workshop that Jeanne could use as an art studio and two nearby lakes. It was also thousands of dollars cheaper than a property of that quality should have been. They booked a plane ticket from Raleigh, North Carolina that day to fly down and buy it.

When they got to Arkansas, they found out why it was so cheap.

The owner of the house had recently sold the mineral rights under the property to a natural gas company for use in hydraulic fracturing, or fracking, a drilling technique that is opening new areas across the country for energy exploration. The front page of the local newspaper that day had a story about problems in the water supply and was advising residents not to bathe, Jeanne recalled. “There was no way we were making an offer after that,” she said.

The Rheas ultimately decided to stay at home in North Carolina and retired in rural Lee County outside of Raleigh. What they didn’t realize is that the new home they bought sits above the Deep River Shale basin, an area potentially rich with deposits of natural gas that makes it the next likely location for fracking.

To make matters worse, because of two arcane laws known as split estates and forced pooling, they may not even have the right to say whether gas companies can drill on their property.

from Hallie Seegal:

A local obstruction in the fracking pipeline

Dec 11, 2012 16:38 UTC

 

There are high hopes that the natural gas extraction technique known as hydraulic fracturing, or fracking, will boost the economy and bring the United States closer to energy independence, but if the energy industry expects to break new ground and fulfill a growing demand anytime soon, they need to make friends with the people who reside near the drilling rigs.

Two new reports out last week point to the potential of how fracking, the process whereby a highly-pressured mixture of water, sand and chemicals is blasted through underground shale rock formations to release natural gas, could positively benefit our economy. One study projects that natural gas will account for nearly one-third of total U.S. energy produced by 2040, and the other one, a government commissioned report which the Obama administration is expected to partially base its shale gas policy on, shows natural gas exports providing revenue to the struggling economy under every condition considered.

Fracking well

A natural gas well is drilled near Canton, in Bradford County, Pennsylvania January 8, 2012. REUTERS/Les Stone

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