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Our look at
CHESAPEAKE ENERGY
and
CHESAPEAKE APPALACHIA, LLC

UPDATES

January 2010 - A joint-venture agreement with Epsilon Energy Ltd. for the development of the Highway 706 shale gas project in Pennsylvania was announced.

January 2010 - Chesapeake Energy formed a $2.25 billion joint venture with a subsidiary of France's Total SA that gives Total SA access to the Barnett Shale in north Texas.

January 2010 - Chesapeake Water Management Plan for SW Pennsylvania for Marcellus Shale Gas Well Development (PDF - 400KB)

December 2009 - Chesapeake Energy is partnering with Spectra Energy to expand two natural gas pipeline systems from Marcellus Shale gas fields into New York City. Spectra is expanding the Texas Eastern and Algonquin pipeline systems. Included are 16 miles of 30-inch pipeline from Manhattan to Staten Island.

   
Chesapeake Energy Corporation is the top independent producer of natural gas, as well as the most active driller of new wells in the United States. Chesapeake's corporate headquarters is in Oklahoma City, and has seven subsidiaries across the U.S.

Chesapeake explores, acquires and develops natural gas reserves in the top four natural gas shale plays: Barnett, Fayetteville, Haynesville, and Marcellus Shales.

Chesapeake has the largest leasehold in the Marcellus Shale.  Chesapeake plans to drill over 80 wells in 2009, while doubling that to 160 wells in 2010, as they develop 1.3 million net acres of Marcellus leaseholds.

Chesapeake Appalachia, LLC has a joint venture on Marcellus Shale with Norwegian partner StatoilHydro who is paying 75% of drilling costs in 2009 and 2010. StatoilHydro resulted from a 2007 merger between the oil and gas division of Statoil and Hydro.
   


Chesapeake NOMAC Drilling rig on
Marcellus Shale near Avella, Pa
  

  
Corporate Headquarters
Chesapeake Energy Corporation
P.O. Box 18496
Oklahoma City, OK 73154-0496
Phone: 405-935-8000

Pennsylvania Subsidiaries
Great Plains Oilfield Rental, L.L.C.
Diamond Y Incorporated
171 Locust Ave.
Mt. Morris, PA 15349
Phone: 724-825-4403
  


 

The Seven Chesapeake subsidiaries

Chesapeake Energy Marketing, Inc. provides marketing services and operates gathering systems through several states, comprised of thousands of miles of pipelines.

Nomac Drilling, LLC is Chesapeake’s drilling company, providing conventional and unconventional drilling in Arkansas, Oklahoma, Texas, Louisiana and Chesapeake’s Eastern Division.

Hodges Trucking Company, LLC is a large heavy haul transportation company that has been in operation more than 75 years. Hodges provides trucking, cranes, fabrication and maintenance.

Great Plains Oilfield Rental, LLC sells tools and services to the drilling industry.

Diamond Y, Inc. provides rig-up and transportation services for Chesapeake in the Appalachian Basin. Diamond Y handles everything from rig mobilization and long-haul services to fluid hauling and disposal.

MidCon Compression, LLC provides Chesapeake Energy with gas compressor equipment and related services. MidCon's service area includes Arkansas, Oklahoma, Kansas, Texas, New Mexico, Louisiana, Virginia, West Virginia and Kentucky. 

Compass Manufacturing, LLC supplies MidCon Compression and Chesapeake Energy with gas compressor packages and related production equipment. 
  


NOMAC Drilling, LLC on Marcellus Shale in
Independence Twp, Washington County, Pa
  
  

HAWG HAULING is part of Chesapeake

  
   
LINKS

Energy legislation

Gas drilling seeps, leaks and spills

 

  

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