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Geology News: Monitoring Arizona Earthquakes & More

Geology.com News

Monitoring Arizona Earthquakes

Posted: 03 Aug 2008 01:05 AM CDT

A video by Phoenix Channel 5 posted on the Arizona Geology blog describes some of the earthquake monitoring efforts going on in Arizona.

 

Haynesville Shale Rights for $20K/Acre

Posted: 03 Aug 2008 12:32 AM CDT

International Paper reports that they sold 13,000 acres of Haynesville Shale gas rights in northwestern Louisiana for $263,000,000 – a yield of $20,230 per acre. The buyer was Chesapeake Energy Corporation. Many other property owners have reported this type of payment – plus royalty payments after production begins.

 

Natural Gas Prices Fall Sharply

Posted: 02 Aug 2008 11:45 PM CDT

Natural gas futures prices are among the most volatile of all commodities. This was demonstrated over the past two weeks as prices fell rapidly within just a few days. The Energy Information Administration has a database of natural gas prices. There royalty owners can look-up well head price histories and price data [...]

 

Crandall Canyon Mine Post Mortem

Posted: 02 Aug 2008 11:12 PM CDT

This is an article that looks back at the Crandall Canyon, Utah coal mine disaster that happened one year ago on August 6, 2007. Several miners and two rescue workers were killed in the mine.

 

July: 10,000 New Mining Jobs

Posted: 02 Aug 2008 11:05 PM CDT

Although over 50,000 jobs were lost last month in the United States, the mining sector gained about 10,000 new jobs. Mining and health care are the unusually bright spots in the job market.

 

Diamond Mining in India

Posted: 02 Aug 2008 11:00 PM CDT

Here is an article that presents a brief history of diamond mining in India. Placer deposits have been worked there since the 1500’s. The second half of the article includes stories about early diamond mines in the states of Jharkhand and Chattisgarh.

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