The financial woes plaguing the nation’s second largest natural gas explorer, Chesapeake Energy Corp., have made for headline fodder recently, but some Pennsylvania energy attorneys said the company’s problems are indicative of larger trends: the floundering price of “dry” gas and the ongoing shift of drilling operations from Northeastern Pennsylvania to the southwestern portion of the state and Ohio.
But attorneys on both the industry and landowner sides of the oil and gas practice said that while the shift has had some effect on the nature of the work they’re seeing, it hasn’t changed the volume of work much.
