US Steel Drops Plan for Fracking at Edgar Thomson Works
FrackingPittsburgh Post-Gazette

US Steel Drops Plan for Fracking at Edgar Thomson Works

NPR’s SteelImpact Pennsylvania reported that US Steel is dropping plans for a fracking company to drill for gas at a Pittsburgh area steel mill. The decision

NPR’s SteelImpact Pennsylvania reported that US Steel is dropping plans for a fracking company to drill for gas at a Pittsburgh area steel mill. The decision comes after years of opposition to the project from some residents. A turning point on the project came last fall, when a local zoning board denied a permit extension to Merrion Oil and Gas, the company developing the well. The company was planning to appeal that decision, but last week, US Steel said it’s pulling the plug on the project. Tthe Company said “It values input from our neighbors and the communities where we live and work, as well as the open dialogue needed to balance our responsibilities to our shareholders, our neighbors, and to environmentally sustainable steelmaking. US Steel has decided to exit a lease agreement that would have allowed a natural gas well on the property of our Edgar Thomson Plant. An agreement between US Steel Corp and New Mexico-based Merrion Oil & Gas to drill Marcellus Shale gas wells near US Steel’s Edgar Thomson Works was terminates on 23 April 2021.”

New Mexico-based Merrion Oil and Gas received a permit from East Pittsburgh Borough for a conditional use to drill and frack a well at US Steel’s Edgar Thomson Works in 2018. Merrion Oil and Gas operations manager Mr Ryan Davis said the company is dropping the appeal of its zoning permit denial, and had agreed to abandon efforts to drill a well at the Edgar Thomson Steel Mill.

The two companies teamed up in 2017 with plans to drill wells on the Mon Valley site. US Steel was to receive royalties in gas instead of typical cash payments.

No stories found.
SteelGuru Business News
www.steelguru.com