Shale Crescent recognizes regional goals

Greg Kozera, the director of marketing for Shale Crescent USA, recently penned an op-ed for The State Journal detailing his team’s progress towards achieving their dreams for the once economically depressed Shale Crescent Region. He chronicled their motivations, increased respect from the 2017 to 2018 World Petrochemical Conferences, and future actions. For more, read the full story.  

Ohio, Pennsylvania, West Virginia

Chesapeake sells Utica Shale assets to Encino Acquisition Partners

Chesapeake Energy, the pioneering Utica Shale drilling company in Ohio, completed its asset sale of 900,000 acres, approximately 900 wells, and related property and equipment within the Shale to Encino Acquisition Partners for $2 billion, according to the Times Reporter. The company then closed its quarter with a profit of $60 million. For more, read the full story

Ohio

Pennsylvania court upholds local land-use ordinance permitting “fracking”

A group of environmentally concerned residents challenged an Allegheny Township zoning ordinance that regulates where oil and gas drilling takes place after CNX Resources Corp. confirmed a drilling project in their county, according to Law360. A Pennsylvania appeals court decision threw out the challenge because it should have addressed the state agencies that issued the operating permits, not the municipality. For more, read the full story

Pennsylvania

NEXUS Gas Transmission pipeline begins operations

The NEXUS Gas Transmission pipeline began operations in its mainline facilities Sat., Oct. 13, and informed the Federal Energy Regulatory Commission of its commencement in a letter sent Tuesday, according to the Times Reporter. The pipeline crosses Stack, Summit and Wayne counties. For more, read the full story.   

Ohio

Appalachian Basin sees $25B in new investment through power plants

Energy in Depth recently reported that the growth of natural-gas powered energy plants in the Appalachian Basin has created more than $25 billion in new investment, according to The Business Journal. The report additionally assessed the number of new power plants in various stage of development or operation at 29, possibly amounting to a total of 17,800 new, locally sourced construction jobs. For more, read the full story

National

Anticipated TEAL Natural Gas Pipeline project begins some service

A company filing by Enbridge Inc. with U.S. federal energy regulators revealed that the Canadian energy company’s Texas Eastern Appalachian Lease natural gas pipeline project began some service in early October, according to Reuters. The Ohio pipeline will connect Marcellus and Utica Shale product from the tristate with other regions in the U.S. and Canada. For more, read the full story.

Ohio

Guernsey Power Station Groundbreaking Set For March

Although the Guernsey Power Station project start date has been delayed several times, Cambridge-Guernsey County Community Improvement Corporation Executive Director Norm Blanchard recently revealed that a March groundbreaking is underway, according to The Daily Jeffersonian. The natural gas fueled power station will employ 300 to 500 construction workers and 25 permanent highly skilled employees. For more, read the full story.

Ohio

Shale Gas Market Value May Soon Reach $214 Billion

The sheer number of global shale reserves coupled with the competitive pricing and many uses of its gas could launch the international shale gas market value to $214 billion by 2022, according to the Empowered News. Although only the U.S., Canada and China currently produce shale gas, an uptick of international production could cause this growth. For more, read the full story.

Global

Reliable One Resources Acquires Athens County Disposal Wells Facility

Reliable One Resources recently announced its purchase of a functioning Athens County water disposal and injection facility, ideally located by the Marcellus and Utica Shales, and their oil and gas producing areas, according to NewMediaWire. As coverage on oil and gas wastewater produced by sites like the Marcellus Shale grows, Reliable One hopes to corner the market with regional water mitigation solutions. For more, read the full story.

Ohio

West Virginia joins international Energy Coalition

West Virginia was unanimously admitted to the Energy Council on Sept. 23, an international coalition focused on energy-related issues within states and international provinces, according to The Weirton Daily Times. The council provides a nonpartisan forum for legislators to dialogue on current energy issues and best practices, and is now comprised of 13 states and two Canadian provinces. For more, read the full story

West Virginia
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