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Jul 25, 2014

Couple offers mineral rights for “friendly” development in Utica play
 

A couple who owns 35 acres at Tappan Lake in Harrison County, Ohio, has offered a 20% interest in their mineral rights for possible oil and gas development to the Muskingum Watershed Conservancy District. The Akron Beacon-Journal reports the donation is being made with the expectation that the district will try to include the mineral rights in any lease negotiations with drillers for adjacent MWCD property. The request reportedly was prompted by an appreciation of the district's ability to negotiate environmentally friendly leases. For more, read the full story.
 


 
Posted by M. Warnock in  Ohio   |  Permalink

 

Jul 25, 2014

Gov. Corbett still thinks Shell will build cracker in Beaver County, Pa.
 

Pennsylvania Gov. Tom Corbett said this week he remains bullish on the prospects for an ethane cracker that may be developed by Royal Dutch Shell in western Pennsylvania, reports the Pittsburgh Business Times. Corbett stated that, although he has yet to hear from Shell about whether it will build the plant in Beaver County, ongoing site development there is encouraging. Shell announced in March 2012 it had signed a land-option agreement for the right to purchase industrial parcels in Beaver County with the intent of building a cracker plant to process ethane from the Utica and Marcellus shale plays. For more, read the full story.
 


 
Posted by M. Warnock in  Pennsylvania   |  Permalink

 

Jul 25, 2014

Marathon Oil produces new video on fracking
 

A new video from Marathon Oil Corp. offers an easy-to-understand overview of horizontal hydraulic fracturing. The video explains the techniques used to extract oil and natural gas from shale formations, detailing the process from site preparation through drilling, production and land restoration after wells are retired. For more, watch the video.
 


 
Posted by M. Warnock in  United States   |  Permalink

 

Jul 24, 2014

Companies sue over Broadview Heights’ drilling ban
 

Two oil and gas companies with wells in Broadview Heights, Ohio have sued the Cuyahoga County city over its prohibition against future wells, reports the Plain Dealer in Cleveland. The newspaper says Bass Energy Company Inc. of Fairlawn and Ohio Valley Energy of Austintown contend the State of Ohio, not Broadview Heights, has the sole authority to permit or deny drilling and regulate wells. Mothers Against Drilling in Our Neighborhoods, the nonprofit citizens group that initiated the campaign to ban drilling, has filed a motion to intervene in the lawsuit. For more, read the full story.
 


 
Posted by M. Warnock in  Ohio  Oil & Gas Litigation   |  Permalink

 

Jul 24, 2014

Energy 11, LP to raise money to invest in oil and gas development
 

The Star-Telegram in Fort Worth reports that Energy 11 LP, a newly formed partnership, plans to offer 95 million common units of stock for $20 each, and 5.26 million units for $19 each.  According to the company's prospectus filed with the SEC, after the closing of the initial offering of common units, Energy 11 will enter into a management services agreement with E11 Management, LLC which is  labeled in the prospectus as "an indirect, wholly-owned subsidiary of American Energy Partners, L.P."  The company then plans to use the money raised to acquire interests in oil and natural gas fields, including ones in west Texas, Oklahoma, Pennsylvania and West Virginia. For more, read the full story.
 


 
Posted by M. Warnock in  Pennsylvania  West Virginia   |  Permalink

 

Jul 22, 2014

Analyst: Oil E&P companies finally show positive cash flow
 

U.S. oil and natural gas exploration and production companies will have positive cash flow starting this year as growing production efficiencies make them relatively immune to flat commodity prices, says an analysis by investment bank Raymond James. Platts.com reports that Raymond James analyst Marshall Adkins stated in a note to clients that the U.S. oil and gas business can now be viewed as “more of a sustainable growth industry rather than a pure commodity call.” That’s after a decade of spending roughly 40% more than E&P companies had in revenues during the shale land grab. For more, read the full story.
 


 
Posted by M. Warnock in  United States   |  Permalink

 

Jul 22, 2014

Occidental shifting to horizontal wells in Permian Basin
 

By leveraging cash flow generated by its enhanced oil recovery techniques in older oil fields, Occidental Petroleum is increasing its development of horizontal wells in the Permian Basin in west Texas, reports the Motley Fool newsletter. Occidental says it will complete 172 vertical and 172 horizontal wells in the Permian Basin this year, compared to 286 vertical and 49 horizontal wells last year. For more, read the full story.
 


 
Posted by M. Warnock in  United States   |  Permalink

 

Jul 21, 2014

Columbus goes big with new CNG fueling station
 

The City of Columbus plans to open its second compressed natural gas (CNG) fueling station in August 2014, saying it will be the largest such facility open to the public in Ohio. Columbus Business First reports the $6.4 million station located off Morse Road on Columbus’ north side will serve the public and city vehicle fleets. The city opened its first CNG station in April 2012 at an east-side facility where 40% of the CNG pumped is for private vehicles. For more, read the full story.
 


 
Posted by M. Warnock in  Ohio   |  Permalink

 

Jul 21, 2014

Consol’s natural gas production jumps by a third
 

Consol Energy Inc. produced 51.9 billion cubic feet equivalent of natural gas during the second quarter of 2014, a 34%increase from the same period a year ago, reports the Business Journal in Youngstown. Pittsburgh-based Consol also announced it recently placed into production three new Utica wells at a pad in northern Noble County, Ohio. For more, read the full story.
 


 
Posted by M. Warnock in  Ohio  Pennsylvania   |  Permalink

 

Jul 21, 2014

Proposed ethane “cracker” plant will need pipeline, market for product
 

The Utica and Marcellus shale plays could supply Brazil-based Odebrecht with all the raw material it needs to operate a major ethane cracker the company plans to build in Parkersburg, W. Va., reports Crain’s Cleveland Business. But, Odebrecht Vice President David Peeples also told Crain’s that the company will need a pipeline to deliver ethane from separation facilities that remove ethane from so-called "wet gas" and a market for the polyethylene Odebrecht hopes to produce at the facility. That end market largely is in northeast Ohio, where the plastics industry has a strong presence. For more, read the full story.
 


 
Posted by M. Warnock in  Ohio  Pennsylvania  West Virginia   |  Permalink

 

Jul 18, 2014

Concord to add transport site to serve Utica, Marcellus shale plays
 

Concord Energy LLC plans to open a truck-to-rail trans-load site in Parkersburg, W.Va. to transport condensate and natural gas liquids produced in the Utica and Marcellus shale plays, reports the Business Journal in Youngstown, Ohio. The Colorado-based company says the West Virginia facility will enable Concord to transport more than 150,000 billion barrels of crude oil condensate and natural gas liquids per month, and provide producers access to downstream markets. The truck-to-rail facility is scheduled to open in mid-August 2014. For more, read the full story.
 


 
Posted by M. Warnock in  West Virginia   |  Permalink

 

Jul 18, 2014

Senator says feds should revise definition of oil condensate
 

Alaska Sen. Lisa Murkowski is the latest official to push the U.S. Commerce Department to revise its definition of crude oil, hoping to see “condensate” removed from the definition, reports the Motley Fool newsletter. The ultra-light condensates are a byproduct of the growing use of shale oil. While Canada has been cashing in on its condensate industry, the United States has struggled with oversupply and no way to export the excess because of a federal ban on oil exports. For more, read the full story.
 


 
Posted by M. Warnock in  United States   |  Permalink

 

Jul 17, 2014

Federal plan driving oil and natural gas industry batty
 

The U.S. Fish and Wildlife Service’s proposal to list the northern long-eared bat as “endangered” has raised the ire of the oil and natural gas industry as well as several other special interest groups, reports Columbus Business First. The federal agency is recommending the bat be classified as endangered in more than 30 states, including Ohio, because disease is killing millions of the bats. The oil and gas industry has countered that the bat is still plentiful in the Midwest and labeling it endangered could limit the industry’s progress in the region. For more, read the full story.
 


 
Posted by M. Warnock in  Ohio   |  Permalink

 

Jul 17, 2014

Michigan judge rules evidence warrants trial for Chesapeake
 

A Michigan judge has dismissed two of the three charges against Chesapeake Energy Corp. over claims the company conspired with Canadian oil company Encana Corp. to depress oil and natural gas lease prices in Michigan, reports NewsOK.com in Oklahoma City. District Judge Mari Barton, however, also said there was “enough evidence to proceed to trial on claims that the companies conspired to rig a bid in an auction for leases from the state.” For more, read the full story.
 


 
Posted by M. Warnock in  Oil & Gas Litigation   |  Permalink

 

Jul 17, 2014

Proposed pipeline project sparks debate in New England
 

Thousands of public and private property owners in New England would be affected by a proposed natural gas pipeline that Kinder Morgan wants to build from central New York to the Boston area, reports the New York Times. The newspaper says property owners are wedged between the shale gas plays in Pennsylvania, Ohio and West Virginia and the increasingly insatiable market for natural gas in New England where new demand has created wintertime shortfalls and price spikes. However, some property owners say there are less costly and intrusive ways to address the region's energy needs.  For more, read the full story.
 


 
Posted by M. Warnock in  United States   |  Permalink

 

Jul 17, 2014

State grant to help train welders, pipefitters in Ohio
 

A state grant in the amount of $150,000 will help train welders and pipefitters in the Mahoning Valley for jobs in Ohio’s Utica shale region, reports Columbus Business First. The money from the Ohio Appalachian Development Grant Program will go toward training apprentices and displaced welders in pipeline construction and related techniques. Forty people will be trained in an area that is home to a number of pipelines and other oil and natural gas infrastructure. For more, read the full story.
 


 
Posted by M. Warnock in  Ohio   |  Permalink

 

Jul 15, 2014

Future looks bright for natural-gas fired power projects
 

Two dynamics are creating a promising environment for investment in natural gas-fired power generation in Ohio, according to a new analysis by Bricker & Eckler attorneys Thomas Siwo and Dylan Borchers. First, new regulations on carbon emissions will place significant pressure on Ohio’s coal-fired capacity. Second, Ohio’s shale boom continues to provide an inexpensive source of natural gas. With these factors in play, three proposed natural gas-fired plants have received Ohio Power Siting Board approval within the last year or are in the process of gaining approval. For more, read the full analysis.
 


 
Posted by J. Bell in  Ohio   |  Permalink

 

Jul 15, 2014

Gulfport Energy wells most productive in Ohio shale play
 

Eight of Ohio’s top-10 producing natural gas wells during the first quarter of 2014 were located in Belmont County, reports Columbus Business First. The newspaper says Oklahoma City-based Gulfport Energy Corp. led the way, operating seven of those wells. For more, read the full story.
 


 
Posted by M. Warnock in  Ohio   |  Permalink

 

Jul 15, 2014

Pennsylvania spends $50 million on housing in Marcellus shale play
 

Nearly $50 million from natural gas and federal funding sources has been devoted to housing initiatives across the Marcellus shale play in Pennsylvania since 2011, reports the Business Journal in Youngstown, Ohio. Citing comments from Pennsylvania Gov. Tom Corbett, the newspaper says the funding has been used to build new housing and rehabilitate existing residences depending on which approach was most appropriate to address housing shortages in the Marcellus shale region. Corbett said the projects have been funded in part with revenue from the state’s natural-gas impact fees. For more, read the full story.
 


 
Posted by M. Warnock in  Pennsylvania   |  Permalink

 

Jul 14, 2014

McClendon deals spark big jump in M&A activity
 

Driven partly by deals made by Aubrey McClendon’s American Energy Partners LP, mergers and acquisitions in the oil and gas upstream sector had a spectacular rebound in the second quarter of 2014, reports OilVoice magazine. Citing an analysis from Evaluate Energy, the magazine says the value of such upstream deals ($51.3 billion) in the second quarter was the highest quarterly total since 2012. The majority of the increase is attributable to companies based in North America. American Energy Partners was among the biggest spenders with acquisitions of $2.5 billion in the Permian Basin and $1.75 billion in the Marcellus and Utica shale plays. For more, read the full story.
 


 
Posted by M. Warnock in  United States   |  Permalink

 

Jul 14, 2014

Ohio mayor grilled over his plan to control fracking
 

Residents in Gates Mills, Ohio are grilling Mayor Shawn Riley about his plan to form a land trust in preparation for oil and gas operations in the Cuyahoga County village, reports the Plain Dealer in Cleveland. Mayor Riley believes that local legislation would have little to no effect on controlling drilling for oil and natural gas in Gates Mills, but contends that drillers would have no choice but to negotiate with a land trust if village property owners pool their mineral rights and determine if and where wells would be allowed. For more, read the full story.
 


 
Posted by M. Warnock in  Ohio   |  Permalink

 

Jul 11, 2014

Chevron’s oil-field water helps farmers cope with drought
 

Chevron’s 115-year-old Kern River oil field in California’s Central Valley is selling millions of gallons of water every day to a local water district that distributes it to farmers struggling with the drought gripping that state, reports the New York Times. The newspaper says Bakersfield’s Cawelo Water District will rely on water pumped from Chevron’s oil-field for half of its supply this year, up from an average of a quarter. The district sells the water exclusively to farmers for irrigation and reduces its salinity by blending it with water from other sources. For more, read the full story.
 


 
Posted by M. Warnock in  United States   |  Permalink

 

Jul 11, 2014

Ohio State joins movement to add oil and gas law courses
 

As drilling activity booms in the Utica and Marcellus shale plays, Ohio State University’s Moritz College of Law is the latest in the state to add a course on oil and natural gas law, reports Columbus Business First. The newspaper said Capital University, whose law school was the first in Central Ohio to offer an oil and gas course, has also added a concentration in energy law. Matt Warnock, co-chair of the Shale Task Force at Bricker & Eckler LLP and instructor of Capital’s oil and gas course, told Business First that creating buzz with new courses and attracting students is important for law schools. The law schools at Cleveland State University (whose course is taught by Glenn Krassen, a partner at Bricker & Eckler) and University of Akron have also added oil and gas courses. For more, read the full story.
 


 
Posted by J. Bell in  Ohio   |  Permalink

 

Jul 10, 2014

Ergon to add condensate capacity at Ohio, West Virginia terminals
 

Ergon, Inc. recently announced plans to enhance its subsidiaries’ oil and natural gas facilities in the Appalachian Basin, including in the Marcellus and Utica shale plays. CNBC reports the Jackson, Miss.-based company plans to start up to 10,000 barrels per day of condensate stabilization capacity at its Marietta, Ohio river terminal in the fourth quarter of 2014. Additionally, Ergon wants to add 10,000 barrels per day of condensate stabilization at its terminal in Newell, W.Va. in 2015. For more, read the full story.
 


 
Posted by M. Warnock in  Ohio  West Virginia   |  Permalink

 

Jul 10, 2014

Report: Marcellus, Utica production to grow 36 percent by 2035
 

According to a post on the Stockhouse financial news site, natural gas production in the Marcellus and Utica shale plays is projected to grow 36 percent by 2035. Stockhouse cites a new quarterly report from ICF International that says abundant sources of natural gas are expected to spur increased demand from new petrochemical plants, expanded manufacturing facilities, transportation and power generation. Noting Utica wells are “more gassy” than initially expected, the ICF report says gas output from the Marcellus and Utica plays may grow to 34 billion cubic feet per day by 2035. For more, read the full story.
 


 
Posted by M. Warnock in  Ohio  Pennsylvania  West Virginia   |  Permalink

 

Jul 10, 2014

Rice Energy to buy Marcellus acreage, wells from Chesapeake
 

Rice Energy Inc. has struck a deal to acquire 22,000 net acres and 12 developed oil and natural gas wells in western Pennsylvania from Chesapeake Appalachia, LLC and its partners. Rice reported it will pay $336 million to acquire the acreage and wells in the Marcellus shale play in Greene County. The company, which has been active in the Marcellus since 2009, says it expects to close the transaction in August 2014. For more, read the full story.
 


 
Posted by M. Warnock in  Pennsylvania   |  Permalink

 

Jul 10, 2014

Warren Resources to enter Marcellus shale play by way of $352 million deal
 

Warren Resources is entering the Marcellus shale play in Pennsylvania by acquiring all of the Marcellus assets of Citrus Energy Corp, a Colorado-based driller, for $352.5 million, reports the Pittsburgh Post-Gazette. Headquartered in New York City, Warren Resources is an independent energy company whose operations are focused on oil in California and natural gas in Wyoming. The publically traded company (NASDAQ:WRES) will acquire Citrus Energy’s shale assets in Wyoming County in northeastern Pennsylvania. For more, read the full story.
 


 
Posted by M. Warnock in  Pennsylvania   |  Permalink

 

Jul 08, 2014

ETP pipeline project would open markets for Utica, Marcellus gas
 

Energy Transfer Partners (ETP) hopes to build nearly 600 miles of pipeline to take natural gas from the Marcellus and Utica shale regions to new markets, including Michigan and Canada, reports Crain’s Cleveland Business. The Dallas-based company said an initial 400 miles of pipeline would move natural gas from processing plants and interconnections in Pennsylvania, West Virginia and Ohio to ETP’s Panhandle Eastern Pipeline and a Midwest pipeline near Defiance, Ohio. The company said it also hopes to build a 195-mile segment from the Defiance area through Michigan and ultimately to the Union Gas Dawn Hub near Sarnia, Canada. For more, read the full story.
 


 
Posted by M. Warnock in  Ohio  Pennsylvania  West Virginia   |  Permalink

 

Jul 08, 2014

Pennsylvania driller offers cash to avoid liability claims
 

EQT Corp. has been offering $50,000 in cash to some households in western Pennsylvania as the natural gas producer tries to head off potential liability issues from its fracking operations. A post on the Peakoil.com news site says the Pittsburgh-based company is making the offer to residents who agree to release EQT from any legal liability for current or future operations. The agreement covers potential health problems and property damage and gives the company blanket protection from any kind of claim over noise, dust, light, smoke, odors, fumes, soot, air pollution or vibrations. A legal expert told Peakoil.com that such liability agreements – often known as nuisance easements – have been used near airports, landfills and wind farms but are rare in the oil and gas industry. For more, read the full story.
 


 
Posted by D. Gerken in  Pennsylvania   |  Permalink

 

Jul 08, 2014

Technology advances driving boom in U.S. oil & gas production
 

U.S. oil and natural gas production is booming due in part to advances in information technology, reports the Daily Times in Watertown, N.Y. The newspaper says the production increases are possible because of the development of micro-seismic imaging that provides the 3D seismic maps used to show energy producers where to drill and steer the drill underground. This technology has helped companies produce 3.2 million barrels per day out of “tight” oil formations, driving up the overall national output of crude oil to more than 8 million barrels per day. For more, read the full story.
 


 
Posted by M. Warnock in  United States   |  Permalink

 

Jul 08, 2014

Utica shale potential boosting Magnum Hunter stock price
 

Investors have driven up the stock price of Magnum Hunter Resources Corp. by 127 percent in the past year despite the Houston-based company carrying $891 million in debt, according to a recent post by Bloomberg. Specifically, Bloomberg reports Magnum Hunter and its investors are betting on “gushers” at wells drilled/being drilled in the shale plays in Ohio and West Virginia. For more, read the full story.
 


 
Posted by M. Warnock in  Ohio  West Virginia   |  Permalink

 

Jul 08, 2014

Utica shale production posts major gains in 1Q of 2014
 

Natural gas production from Ohio’s Utica shale region during the first quarter of 2014 was eight times higher than for the same period in 2013, reports Columbus Business First. Citing new data from the Ohio Department of Natural Resources, the newspaper said the Utica play produced 67.3 billion cubic feet of natural gas in the first three months of this year, up from 8.3 billion cubic feet a year ago. Oil production increased to 1.9 million barrels, up from 328,000 barrels, ODNR reported. The department also said it expects to issue 800 permits for horizontal drilling next year. For more, read the full story.
 


 
Posted by M. Warnock in  Ohio   |  Permalink

 

Jul 07, 2014

Goldman Sachs: Shale gas eases fear in futures market
 

Rising U.S. shale gas production is driving fear out of the futures market and will constrain prices for the next two decades, says Goldman Sachs Group Inc. in a recent post by Bloomberg. Specifically, Bloomberg reports that Goldman Sachs is forecasting that natural gas will generally trade at $4 to $5 per million British thermal units for the next 20 years. It says gas prices were four times more volatile in 2009 than they are today as production grows for the ninth straight year and new pipelines deliver such gas to customers. For more, read the full story.
 


 
Posted by M. Warnock in  United States   |  Permalink

 

Jul 07, 2014

ODNR agrees to settlement in public records dispute
 

A settlement has been reached between the Ohio Department of Natural Resources and an anti-fracking group in a lawsuit over records regarding two injection wells in eastern Athens County. The Athens Messenger reported that ODNR will pay $1,000 to the Athens County Fracking Action Network although the state agency stipulates the payment is not an admission of liability in the case. The group’s lawsuit accused ODNR of violating Ohio’s public records law, but the settlement agreement states the agency has provided documents on multiple occasions since the suit was filed. For more, read the full story.
 


 
Posted by M. Warnock in  Ohio  Oil & Gas Litigation   |  Permalink

 

Jul 07, 2014

U.S. shale drilling to fuel hiring spree by energy companies
 

The drilling-intensive nature of the shale oil and gas business in North Dakota, Texas, Pennsylvania, Ohio and other states will trigger a hiring spree by energy producers, reports the Kiplinger newsletter. Kiplinger says those producers are going to create as many as 1.3 million new jobs over the next decade and a half. Drillers say finding enough rig crews will be the biggest problem, so expect more companies to partner with high schools and community colleges to recruit future workers. For more, read the full story.
 


 
Posted by M. Warnock in  Ohio  Pennsylvania  United States   |  Permalink

 

Jul 03, 2014

Fish kill likely caused by water runoff from fighting well fire
 

A fire last weekend at a Statoil well pad in Monroe County, Ohio, likely sent contaminants into a nearby creek, killing crayfish, minnows and smallmouth bass as far as five miles away from the site, reports the Columbus Dispatch. The Ohio Department of Natural Resources told the newspaper that crews fighting the fire flooded the well-pad site, likely sending fracking chemicals into the creek. ODNR and the Ohio Environmental Protection Agency are continuing to investigate the fire and fish kill. For more, read the full story.
 


 
Posted by M. Warnock in  Ohio   |  Permalink

 

Jul 03, 2014

High court says New York towns can ban gas drilling
 

Local governments in New York have the zoning authority to ban natural gas drilling, the state's highest court ruled June 30 in a case that grew out of challenges brought against fracking prohibitions by the towns of Middlefield and Dryden. The Daily Star in Oneonta, N.Y., reports the state’s Court of Appeals signaled in a 5-2 ruling that it was not focused on the merits of the bans but on the legal authority of the towns to keep out drilling. The majority ruling said the towns “acted within their home rule powers in determining that gas drilling would permanently alter and adversely affect the deliberately cultivated, small-town character of their communities.” As reported on this blog in June 2013, the Ohio Supreme Court is reviewing a home rule case involving the city of Munroe Falls’ attempt to impose zoning restrictions on fracking. For more on the New York ruling, read the full story.
 


 
Posted by D. Gerken in  Oil & Gas Litigation   |  Permalink

 

Jul 03, 2014

Influx of shale workers a problem in the eyes of some
 

A massive influx of oil and gas workers in shale-busy Noble, Monroe and Guernsey counties in eastern Ohio has been a blessing for local businesses, but Columbus CEO magazine reports the oil and gas industry move-in has had some negative effects, too. Among them are skyrocketing rent prices, dangerous roadways and out-of-state workers who make no mind of how they treat their temporary communities. “Their attitudes are on another level,” a Cambridge resident told an Associated Press reporter. “They come flying in like they don't care.” For more, read the full story.
 


 
Posted by M. Warnock in  Ohio   |  Permalink

 

Jul 03, 2014

Magnum Hunter, E.M. Energy to develop Ohio shale acreage
 

Magnum Hunter Resources Corp. has a new joint development venture with E.M. Energy Ohio LLC for an oil and gas leasehold that includes approximately 1,080 net acres in the Marcellus and Utica shale plays in eastern Ohio. OilVoice magazine reports the agreement calls for the companies to develop two areas in Washington County where they recently started drilling at an initial Utica shale pad. They plan to spud another well pad later this year. For more, read the full story.
 


 
Posted by M. Warnock in  Ohio   |  Permalink

 

Jul 03, 2014

Ohio gas production nearly doubles as shale drilling booms
 

A dramatic increase in production from horizontal shale wells helped Ohio nearly double its natural gas output last year, reports Columbus Business First. Citing production numbers released July 2 by the Ohio Department of Natural Resources, the newspaper said natural gas production, including from conventional wells, almost doubled to 171.6 billion cubic feet last year from 86.7 billion cubic feet in 2012. Oil production also saw a significant increase as drilling for gas and oil continues to grow in the Utica shale play in eastern Ohio. For more, read the full story.
 


 
Posted by M. Warnock in  Ohio   |  Permalink

 

Jul 01, 2014

Chesapeake scales back plan for office site near Canton
 

Chesapeake Energy Corp. moved into its new office building earlier this month in Louisville, Ohio, near Canton, but the Canton Repository reports the Utica Shale driller won’t be using more than half of the 290 acres it bought at the commerce park in Louisville two years ago. A City of Canton official told the newspaper that 150 to 200 employees work on the top two floors of the office building. Chesapeake had approximately 400 workers in the Canton area when it announced the office project in 2012. It  has since changed leadership, cut staff and announced plans to spin off its oilfield services division. For more, read the full story.
 


 
Posted by M. Warnock in  Ohio   |  Permalink

 

Jul 01, 2014

Fracking sand volumes are up big time in Pennsylvania
 

The volume of sand used in hydraulic fracturing at oil and natural gas wells in Pennsylvania has been on the rise over the past year with the increase dramatic by some estimates, reports the Pittsburgh Post-Gazette. The paper said Baker Hughes, a Texas-based oil and gas services firm, has seen the use of sand, or proppant, double over the past eight to 10 months. Weatherford, another oilfield services firm operating in the area, has seen sand volumes shoot up 50 percent in the first quarter of 2014. For more, read the full story.
 


 
Posted by M. Warnock in  Pennsylvania   |  Permalink

 

Jul 01, 2014

Wet gas, high production draw drillers to southeast part of Utica play
 

Aubrey McClendon’s American Energy Partners and a handful of other drillers are snapping up land in the southeastern corner of the Utica shale play in Ohio where operators have found wet gas and high-performing, affordable wells that rival some in the core of the Marcellus shale play, reports the Houston Chronicle. Exxon Mobil, Magnum Hunter, Rice Energy and Antero Resources are among the oil and gas producers moving to Belmont and Monroe counties, where 19 of the top 20 best-performing Utica wells were drilled in the fourth quarter, according to a Wood McKenzie analyst. For more, read the full story.
 


 
Posted by M. Warnock in  Ohio   |  Permalink

 

Jun 30, 2014

American Energy, EMG form midstream joint venture
 

With sights set on development of the Utica and Marcellus shale plays, American Energy Partners LP and the Energy and Minerals Group announced they are forming a new joint venture called American Energy – Midstream, LLC. The State Journal in Charleston, W.Va., reports the new company will invest in midstream projects such as natural gas gathering and processing systems and long-haul pipelines associated with the Marcellus, Utica, Woodford and Permian Basin shale plays. For more, read the full story.
 


 
Posted by M. Warnock in  Ohio  Pennsylvania  West Virginia   |  Permalink

 

Jun 30, 2014

State investigating fish kill near site of well fire in eastern Ohio
 

State officials are investigating a fish kill in an eastern Ohio creek near the location of a fire at a Statoil well pad in Monroe County on Saturday, reports the Columbus Dispatch. An Ohio Department of Natural Resources spokesman told the newspaper that the agency learned about the fish kill in Possum Creek on Sunday, but could not confirm any link to the well fire at this point. The Eisenbarth well pad caught fire because of a malfunction in hydraulic tubing, authorities said. The fire spread to about 20 trucks lined up on the well pad, triggering explosions. For more read the full story.
 


 
Posted by M. Warnock in  Ohio   |  Permalink

 

Jun 27, 2014

Ohio vendors can be part of oil and gas boom
 

Those attending the Canton Regional Chamber of Commerce's recent Midstream Ohio 2014 event learned there are plenty of opportunities to get in on the shale gas boom in eastern Ohio, reports the Alliance Review. Vendors and others at the event heard that opportunities to do business are especially promising in midstream development involving processing, transportation and storage of gas and oil. In that regard, a representative of Access Midstream said the company wants to connect with Ohio vendors. For more, read the full report.


 
Posted by M. Warnock in  Ohio   |  Permalink

 

Jun 27, 2014

Pipeline will move natural gas from Ohio to the west
 

The Rockies Express Pipeline’s Seneca lateral in southeast Ohio will start sending natural gas to Indiana and Illinois, says pipeline operator Tallgrass Energy. Columbus Business First reports the lateral spans 14.3 miles from MarkWest Energy Partners’ Seneca processing plant in Noble County to the main pipeline. A new compressor station will make it possible to deliver the gas to Indiana and Illinois and eventually to eastern Missouri. For more, read the full story.
 


 
Posted by M. Warnock in  Ohio   |  Permalink

 

Jun 26, 2014

Ohio commission denies appeal on injection well permit
 

An appeal of a drilling permit issued to K&H Partners for an injection well in Athens County, Ohio, was recently dismissed by the Ohio Oil & Gas Commission, reports Columbus CEO magazine. The commission ruled against an appeal filed by the Athens County Fracking Action Network, which opposed the permit. In its decision, the Oil & Gas Commission said that it lacks jurisdiction to hear the appeal under Ohio law and a recent Ohio Supreme Court ruling. For more, read the full story.
 


 
Posted by M. Warnock in  Ohio   |  Permalink

 

Jun 26, 2014

Ohio leads effort to detect, regulate seismic activity
 

Ohio is leading a group of oil and gas producing states and seismology experts from across the country to determine how best to detect and regulate human-induced seismic events. The Associated Press reports the initiative follows Ohio's discovery in April of a link between hydraulic fracturing activities and five micro-seismic events in the eastern part of the state. Ohio oil and gas regulator Rick Simmers told the AP that states are seeking up-to-date information so they can develop appropriate procedures and practices. For more, read the full story.
 


 
Posted by M. Warnock in  Ohio  United States   |  Permalink

 

Jun 24, 2014

Companies propose 330-mile gas pipeline from West Virginia
 

EQT Corp. and Next Era Energy Inc. are seeking natural gas producers for their proposed Mountain Valley Pipeline that would move gas from the Marcellus and Utica shale plays to markets in the Southeast, reports Columbus Business First. If approved by federal regulators, the 330-mile pipeline would extend a transmission system from Wetzel County, W.Va., to a delivery point in Virginia from where the gas could be moved farther south. Delivery would begin during the final quarter of 2018, the companies said. For more, read the full story.
 


 
Posted by M. Warnock in  West Virginia   |  Permalink

 

Jun 24, 2014

Oil and gas exec: Southern Utica sweet spot all about geology
 

The geological makeup of the southern Utica shale play in Ohio explains why energy companies drilling there are experiencing higher rates of production than in the northern sections of the play, says Range Resources CEO Jeff Ventura. He told the Business Journal in Youngstown that the hydrocarbons in the Utica shale formation are less prolific than those found in the Point Pleasant, a stratum of rock that rests just below the Utica and is being drilled in Harrison, Monroe and Noble counties. For more, read the full story.
 


 
Posted by M. Warnock in  Ohio   |  Permalink

 

Jun 24, 2014

Williams Partners to acquire Access Midstream
 

Williams Partners LP will pay $5.99 billion to acquire 50 percent of the general partner interest and 55.1 million limited partner units in Oklahoma City-based Access Midstream Partners LP held by Global Infrastructure Partners, reports the Business Journal in Youngstown. Access Midstream is the Chesapeake Energy spin-off that operates the UEO Buckeye gas processing plant near Kensington, Ohio, in Columbiana County. Tulsa-based Williams also wants to merge with Access Midstream as part of a transaction expected to close in the third quarter this year. For more, read the full story.


 
Posted by M. Warnock in  Ohio   |  Permalink

 

Jun 23, 2014

Consol, Noble Energy plan midstream partnership
 

Consol Energy Inc. and Noble Energy Inc. plan to form a master limited partnership for midstream services for the development of their joint Marcellus Shale acreage in Pennsylvania and West Virginia, reports Columbus Business First. Consol has said it plans $825 million in capital expenditures in the Marcellus alone this year. It also has said it will spend as much as $115 million in the Utica shale play in Ohio, mostly in core wet gas areas of Belmont, Guernsey, Harrison and Noble counties. For more, read the full story.
 


 
Posted by M. Warnock in  Pennsylvania  West Virginia   |  Permalink

 

Jun 23, 2014

Utica Shale Academy gearing up for September opening
 

School officials in eastern Ohio are working with the oil and natural gas industry, colleges and private education firms to develop a curriculum for the new Utica Shale Academy of Ohio. The Evening Review in East Liverpool reports the academy, located on Southern Local's K-12 campus near Salineville, is scheduled to open in mid-September. For more, read the full story.
 


 
Posted by M. Warnock in  Ohio   |  Permalink

 

Jun 20, 2014

Ohio forum: Minorities have opportunities in oil and gas
 

There are job openings in the oil and gas sector for minorities and business opportunities for minority contractors with more on the way, said speakers at the recent “Energize Ohio” forum in Canton. Crain’s Cleveland reports the meeting was one in a series held in cities across the country by the American Association of Blacks in Energy and California’s Hispanics in Energy. The two national groups are working to spur awareness of opportunities for minorities in the energy sector, including in Ohio's Utica shale play. For more, read the full story.


 
Posted by M. Warnock in  Ohio   |  Permalink

 

Jun 20, 2014

Well leak in Pennsylvania larger than previously thought
 

The leak discovered two months ago at Range Resources’ John Day wastewater impoundment for oilfield brine in Washington County, Pennsylvania, was much bigger than first thought and has contaminated groundwater in addition to soil, reports the Pittsburgh Post-Gazette. The paper says the Pennsylvania Department of Environmental Protection estimates that brine from Marcellus Shale gas drilling operations stored in the pond contaminated about 15,000 tons of soil. For more, read the full story.


 
Posted by M. Warnock in  Pennsylvania   |  Permalink

 

Jun 19, 2014

Eclipse launches IPO to fund efforts in Ohio shale plays
 

Eclipse Resources Corp., a Pennsylvania-based oil and gas exploration and production company, launched its initial public offering on June 9, floating 30.3 million shares of common stock, reports the Energy & Capital newsletter. The stock will be listed under NYSE: ECR.  Formed three years ago by former Rex Energy Corp. executives, Eclipse was created to focus on oil and gas reserves in the Appalachian Basin, especially the Marcellus and Utica shale plays in eastern Ohio where it has lease holdings of more than 225,000 acres. For more, read the full story.
 


 
Posted by M. Warnock in  Ohio   |  Permalink

 

Jun 19, 2014

Financial regulators keep eye on oil and gas development in Ohio
 

Financial regulators, including the Federal Reserve Bank of Cleveland and U.S. Office of the Comptroller of the Currency, are watching the fast-developing Utica shale play in eastern Ohio for signs of overzealous lending and unhealthy lender balance sheets. There are no warning signs of a coming oil-and-gas bust in Ohio, reports Columbus Business First, but those who safeguard financial markets aren’t taking any chances as they closely monitor credit underwriting practices of those developing the Utica play. For more, read the full story.
 


 
Posted by M. Warnock in  Ohio   |  Permalink

 

Jun 19, 2014

Four companies merge to provide oilfield services
 

Four oilfield services companies have merged to form Nine Energy Service to offer completion solutions and wire-line services for oil and natural gas development, reports Citybizlist in Houston. The partners in the venture are Northern States Completions, Tripoint LLC, CDK Perforating and Integrated Production Services Canada. The company has an office in Marietta, Ohio. For more, read the full story.
 


 
Posted by M. Warnock in  United States   |  Permalink

 

Jun 16, 2014

MarkWest, EMG to boost capacity at complex in eastern Ohio
 

MarkWest Energy Partners LP and the Energy & Minerals Group plan to add more capacity at their Hopedale fractionation and marketing complex in Harrison County to meet growing natural gas liquids production in the Utica and Marcellus shale plays. CNBC reports the expansion will double the propane and heavier fractionation capacity at the processing facility. It is expected to be operational in the first quarter of 2015. For more, read the full story.


 
Posted by M. Warnock in  Ohio   |  Permalink

 

Jun 16, 2014

Pennsylvania company opens office to better serve Utica shale play
 

Environmental Service Laboratories Inc. has opened a satellite location in St. Clairsville to support its natural-gas clients in the Utica shale play, reports the Indiana Gazette. Located along Route 40 close to Interstate 70, the office will operate as a service center for ESL’s clients in Ohio and better position the Indiana, Pa.-based company to target natural gas and municipal customers in southeastern Ohio.  According to the article, the company will be “specializing in pre-drilling water surveys, wastewater analysis, soil/cuttings analysis and spill support.” For more, read the full story.


 
Posted by M. Warnock in  Ohio  Pennsylvania   |  Permalink

 

Jun 16, 2014

Permits sought for $500 million energy plant in Middletown
 

St. Augustine, Fla.-based NTE Solutions has filed an application with the Ohio Power Sitting Board for its proposed $500 million natural-gas fired power plant in southwest Ohio. The Dayton Business Journal reports the company has created a new subsidiary for Ohio, NTE Ohio LLC, which has hired Bricker & Eckler LLP as legal counsel. NTE Ohio hopes to break ground on the plant in the second quarter of 2015 and start commercial operations in the second quarter of 2018. For more, read the full story.
 


 
Posted by M. Warnock in  Ohio   |  Permalink

 

Jun 13, 2014

Blue Racer seeks approval for Monroe County project
 

Blue Racer Midstream LLC’s plans for an electric transmission line to power its natural gas processing complex in Monroe County are set for approval by the Ohio Power Siting Board (OPSB), reports Columbus Business First. The application to build a 138-kilovolt line for the company’s Berne facility will be automatically approved June 13 unless the OPSB’s chairperson, executive director or an administrative law judge step in to block it. The complex will eventually have three cryogenic units with each processing 200 million cubic feet per day of natural gas. For more, read the full story.


 
Posted by M. Warnock in  Ohio   |  Permalink

 

Jun 12, 2014

New York battles over local prohibitions of hydraulic fracturing
 

Like Ohio, the state of New York is locked in a divisive legal battle over cities and towns having the authority to ban hydraulic fracturing within their borders. In the latest development, Bloomberg News reports that lawyers defending such bans (e.g., those enacted by the upstate New York towns of Dryden and Middlefield) recently argued to the Court of Appeals in Albany that local governments are within their rights to ban such activity. But, opponents of the bans told the state’s highest court that such prohibitions are trumped by state law. For more, read the full story.


 
Posted by M. Warnock in  Oil & Gas Litigation  United States   |  Permalink

 

Jun 12, 2014

Study: Ohio schools save big bucks due to oil & gas production
 

A new study by IHS Global Insight says school districts in Ohio saved approximately $60 million on energy last year because of unconventional oil and natural gas production, including approximately 8.4 percent on electricity and 28.7 percent on natural gas, reports the Akron Beacon-Journal.   IHS Global also said state and local governments in Ohio saved an estimated $10.2 million on their energy bills. For more, read the full story.


 
Posted by M. Warnock in  Ohio  United States   |  Permalink

 

Jun 11, 2014

Aubrey McClendon’s company has $1.75 billion deal in Utica, Marcellus plays
 

Aubrey McClendon’s American Energy Partners LP says it will spend $1.75 billion on two deals that will boost its presence in the Utica shale play and provide entry to the Marcellus play in West Virginia, reports the Akron Beacon-Journal. The company says its affiliates have signed agreements to acquire a combined 75,000 net acres of leasehold interests and net production of 175 million cubic feet of natural gas equivalent in the two plays. The leaseholds are in Monroe County, Ohio, and Doddridge, Harrison, Marion, Tyler and Wetzel counties in West Virginia. For more, read the full story.


 
Posted by M. Warnock in  Miscellaneous  Ohio  West Virginia   |  Permalink

 

Jun 11, 2014

Utica East Ohio plans major expansion of midstream complex
 

Access Midstream Partners is planning a major expansion of its Utica East Ohio (UEO) midstream service complex in eastern Ohio to meet demand from existing and new oil and gas customers. LP Gas magazine reports the expansion will increase UEO’s processing capacity to more than 1.1 billion cubic feet per day. The additional capacity is needed to meet new commitments from existing customers Chesapeake Energy Corp., Total Gas & Power North America, Enervest Ltd. and new customer American Energy – Utica, an affiliate of Aubrey McClendon’s American Energy Partners. For more, read the full story.


 
Posted by M. Warnock in  Ohio  Oil & Gas Litigation   |  Permalink

 

Jun 10, 2014

Harrison County Recorder fights for more office space
 

The Harrison County Recorder, Tracy Boyer, is considering legal action against the county commissioners over a lack of office space for her department, reports WTOV NBC 9 in Steubenville. Boyer says more space is needed to increase her office’s productivity and keep up with the flood of oil and gas companies researching land records. With four computers and a staff of six, she says the office in Cadiz can hardly keep up as business booms in the Utica shale play. For more, read the full story.
 


 
Posted by M. Warnock in  Ohio  United States   |  Permalink

 

Jun 09, 2014

McClendon adds experience to American Energy team
 

Oil and gas developer Aubrey McClendon has hired two energy industry pros to help his new company, American Energy Partners LP, continue its aggressive expansion into the Utica shale play. Columbus Business First reports the former Chesapeake CEO has tapped Devon Energy Corp. Chief Financial Officer Jeffrey Agosta to serve as CFO of American Energy Utica LLC. McClendon has also hired former Chesapeake executive Jeffrey Mobley to coordinate American Energy’s acquisitions. For more, read the full story.


 
Posted by M. Warnock in  Ohio   |  Permalink

 

Jun 09, 2014

Rice Energy successfully tests Belmont County well
 

Rice Energy Inc. reports it has successfully tested its first Utica shale well in central Belmont County. Chief Operating Officer Toby Rice called the test of the Bigfoot well “a significant step toward validating the production potential of the Utica shale in central Belmont County” where Rice Energy controls more than 46,000 net acres. For more, read the full story.


 
Posted by M. Warnock in  Ohio   |  Permalink

 

Jun 06, 2014

Forum to look at oil & gas opportunities for minorities, women
 

Canton will host a forum on Tuesday, June 10th at the Pro Football Hall of Fame to discuss opportunities for minorities and women in the gas and oil industry. The Canton Repository reports the “Energize Ohio” summit will have presentations and panel discussions featuring oil and gas industry representatives and local business, education, labor and government leaders. For more, read the full story.
 
Posted by M. Warnock in  Ohio   |  Permalink

 

Jun 06, 2014

Harrison County wants to extend shale boom prosperity
 

Harrison County officials are working to ensure the riches derived from shale development in their eastern Ohio community lead to long-lasting charitable resources, reports The Columbus Dispatch. That’s to guard against the county’s current prosperity from shale drilling “slipping through our fingers” as it did when past business booms went bust, says Harrison County Common Pleas Court Judge Matthew Puskarich. A new community foundation, created with a gift from a local land owner, recently awarded its first grants to buy books for school children to read during the summer. For more, read the full story.
 
Posted by M. Warnock in  Ohio   |  Permalink

 

Jun 05, 2014

AEP in good position to capitalize on shale boom
 

Saying  American Electric Power Inc. is “well-exposed to the shale gas revolution,” the Motley Fool is calling the company one of the best long-term U.S. utility choices in the stock market. The Motley Fool says AEP’s shale-exposed counties in the Utica shale play in Ohio and the Barnett, Permian and Eagle Ford plays in Texas, provide major industrial and residential sales growth potential for the Columbus, Ohio-based utility. The investor site also says southern Texas in particular is showing year-over-year industrial sales growth of between 20 percent and 40 percent. For more, read the full story.
 
Posted by M. Warnock in  Ohio   |  Permalink

 

Jun 05, 2014

Argentina embraces shale drillers despite unrest over fracking
 

Argentina is welcoming foreign shale drilling companies with open arms in the hope that oil and gas development will help combat one of the world’s highest currency inflation rates, reports DeSmogBlog.com, a blog focused on climate change issues. That’s the case despite violent clashes over fracking in arid regions of the Andes Mountains and allegations from locals of water contamination and health problems. DeSmogBlog.com says Argentina’s Vaca Muerta shale formation, estimated to hold an amount of oil and gas nearly equal to the reserves of Exxon Mobil, has already attracted billions in investment from Chevron. For more, read the full story.
 
Posted by M. Warnock in  Miscellaneous   |  Permalink

 

Jun 05, 2014

Bricker & Eckler’s Chris Schmenk to speak at Midstream Ohio 2014 seminar
 

Chris Schmenk, of counsel to Bricker & Eckler’s Public Finance group, will speak on June 11 at the Utica Capital Series: Midstream Ohio 2014 seminar in North Canton. Her presentation will focus on the investments being made in Ohio’s shale play as found in the Shale Economic Development Overview published by Bricker & Eckler earlier this spring. The former director of the Ohio Development Services Agency will also discuss opportunities for companies wanting to support shale oil and gas midstream businesses.
 
Representatives of Caiman Energy (of the Blue Racer partnership), Access Midstream, M3 Momentum and EnLink will also make presentations at the seminar. Those companies are major players in the buildout of midstream infrastructure in the Utica shale play.
 
Click here for more information about the seminar.
 
Posted by M. Warnock in  Ohio   |  Permalink

 

Jun 04, 2014

Contractor helps MarkWest win uphill pipeline struggle
 

McCowien Drilling, a Pierpoint, Ohio-based company known for its use of air motors for horizontal directional drilling projects, helped MarkWest Energy Partners LP solve a major problem in completing the company’s Majorsville to Hopedale pipeline project. Trenchless Technology reports that McCowien found a way to run the 12-inch steel pipeline from the Ohio River north of Wheeling, W.Va., under State Route 2 and up a mountain on the other side of that highway. The work, completed earlier this year, was a key part of a MarkWest pipeline project that connects the company’s Marcellus and Utica shale natural gas liquids infrastructure. For more, read the full story.
 
Posted by M. Warnock in  Ohio  West Virginia   |  Permalink

 

Jun 04, 2014

Dominion eyes pipeline from West Virginia to North Carolina
 

Dominion Resources Inc. has proposed building a 450-mile pipeline to bring natural gas from the Appalachian Basin to markets in Virginia and North Carolina, reports the Herald-Dispatch in Huntington, W.Va. The pipeline would run from an interconnection with a Dominion Transmission Inc. line in North Central West Virginia through Virginia to Lumberton, N.C. For more, read the full story.
 
Posted by M. Warnock in  West Virginia   |  Permalink

 

Jun 03, 2014

Exec: Fear of failure keeps Big Oil from taking lead in shale plays
 

A top executive at a private equity firm in Texas says there is a clear reason why small independent oil and gas producers dominate the domestic shale market, including Ohio’s Utica shale play, reports Columbus Business First. Denham Capital Partners Managing Partner Carl Tricoli said big oil and gas companies always have shareholders in the back of their minds, and one mistake can doom the career of a rising executive at such a company. “If I’m in a large organization where I’m trying to move up the corporate ladder, I don’t want to have any mistakes,” he said. For more, read the full story.
 
Posted by M. Warnock in  Miscellaneous   |  Permalink

 

Jun 03, 2014

Magnum Hunter cuts $150M deal to fund Utica, Marcellus activity
 

Magnum Hunter Resources Corp. is selling $150 million of its stock to a private investor to fund more activity in the Utica and Marcellus shale plays, reports Columbus Business First. The transaction will give Relational Investors LLC, an asset management firm in San Diego, a 15 percent stake in Magnum Hunter. The Houston-based oil and gas producer says it will use the money to add a drilling rig to its 200,000 acres in Ohio and West Virginia and acquire new oil and gas leases. For more, read the full story.
 
Posted by M. Warnock in  Ohio  West Virginia   |  Permalink

 

Jun 02, 2014

Drilling waste injections up 15% due to boost in Utica shale production
 

The volume of drilling wastes injected in Ohio Class II underground injection control wells grew by nearly 15 percent last year, almost entirely due to increasing in-state Utica shale production, reports the Beacon Journal in Akron. The newspaper says data from the Ohio Department of Natural Resources shows Ohio accepted more than 16.3 million barrels of liquid waste in 2013 — enough to fill a train of tanker cars nearly 242 miles long. The primary reason for the increase comes from the disposal of waste produced solely in Ohio, which rose from 5.9 million barrels in 2012 to nearly 8.1 million barrels in 2013, an increase of 36.7 percent. Read the full story.
 
Posted by M. Warnock in  Ohio   |  Permalink

 

Jun 02, 2014

Gulfport Energy donates $400,000 to launch charitable fund
 

Gulfport Energy Corp. has donated $400,000 to support a new charitable fund that will benefit worthy causes in eastern Ohio, where the company is one of the more active drillers in the Utica shale play. Working with the Guernsey County Foundation and Foundation for Appalachian Ohio, the company is launching the Gulfport Energy Fund, reports the Daily Jeffersonian in Cambridge. The fund will accept grant applications from non-profit groups serving Guernsey, Harrison, Belmont, Monroe and Noble counties. For more, read the full story.
 
Posted by M. Warnock in  Ohio   |  Permalink

 

May 30, 2014

Consol pulls out of Columbiana County facility as shale play shifts south
 

Consol Energy Inc. has pulled out of the Columbiana County Port Authority's industrial park in Leetonia as it cuts back on its oil and gas exploration activities in northeast Ohio. The location was to serve as Consol's field office as the company increased its oil and gas development in eastern Ohio, reports the Tribune Chronicle in Warren. Consol’s decision comes as drilling activity in the Utica shale play shifts to the counties south of Columbiana County where productive wet-gas formations are being drilled. For more, read the full story.


 
Posted by M. Warnock in  Ohio   |  Permalink

 

May 28, 2014

America experiences shift in oil surge
 

In the past five years, the supply of oil and natural gas in the United States has experienced startling changes, reports NASDAQ. New technology and drilling locations have thrown off the status quo, helping some areas and hurting others. “There has been a shift in long-standing paradigms that have traditionally guided oil buyers, gasoline pricing and energy industry investors.” Regional prices have typically been similar across the board in America, but that has changed drastically. For more, read the full story.
 
Posted by M. Warnock in  United States   |  Permalink

 

May 28, 2014

Schramm Inc. sees future in oil industry
 

To capitalize on the spike in domestic energy development, Schramm Inc. is constructing complex new oil and gas drilling rigs that “take fewer truckloads to transport [to well sites] and then can move on their own power among tightly spaced well sites,” according to a FuelFix article.  As the article describes it, “[o]nce at a drill site, [the rig] can stand itself up — self-erecting like a Transformer without the need for a separate crane — and then maneuver among well sites, walking on hydraulic feet that carry its 300-ton mass 30 feet per hour in any direction.”  With two such rigs having been purchased, the 114-year old company views this the new drilling rigs as “our future,” said Schramm Vice President Fred Slack. For more, read the full story.
 
Posted by M. Warnock in  Ohio   |  Permalink

 

 

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