Ohio oil and gas production is up

Production of oil and gas from Utica shale wells in Ohio has hit a new record, according to the Youngstown Business Journal and the ODNR. During fourth quarter 2018 2,241 producing Utica shale wells yielded a 31.9% increase in natural gas and a 38.5% increase in oil compared to fourth quarter 2017. Production is also up from the previous three-month period. For more, read the full story.

Ohio

TransCanada receives approval to put Mountaineer Xpress into service

The U.S. Federal Energy Regulatory Commission approved TransCanada’s Mountaineer Xpress pipeline on March 4, according to Energy Industries Council. The 273.5 km natural gas pipeline is now fully operational in the State of West Virginia. TransCanada’s network of seven compressor stations, known as the “Gulf Xpress project” has also been approved for partial service in Tennessee and Mississippi. For more, read the full story

West Virginia

Natural gas industry boosts local business

Like many small business owners, Denise Wycherley of Attic Pickers in Bridgeport, Ohio credits oil and gas workers for an influx in revenue and anxiously awaits a decision on whether or not the region can expect a new ethane cracker plant, according to The Intelligencer. A new plant would mean more workers spending money at local shops like hers. However, PTT Global has yet to announce a decision on this project, which is estimated to be a multi-billion dollar investment for the area. For more, read the full story

Ohio

Eclipse Resources and Blue Ridge Mountain Resources finalize merger agreement

On March 1, 2019, Eclipse Resources and Blue Ridge Mountain Resources finalized their merger agreement, according to Compelo Energy. The company, now named Montage Resources Corporation, also announced a new credit agreement which will allow them to increase their borrowing base from $225 million to $375 million. For more, read the full story

National

Guernsey Power Station on delay until April

Norm Blanchard, executive director of the Cambridge-Guernsey County Community Improvement Corporation, announced on February 23, 2019 that construction on the Guernsey Power Station will not begin until April due to an objection filed by American Electric Power to the FERC, according to The Daily Jeff. The objection arose over AEP’s concern for a switching station being built on potentially unstable grounds due to nearby abandoned mines and who would bear the cost of grouting those mines. On February 21, the Ohio Department of Natural Resources hosted a hearing to gauge public opinion on the future of the project and whether or not the mines would be put into use again. For more, read the full story

Ohio

Federal court dismisses lawsuit against Nexus Gas Transmission

On February 21, 2019, the U.S Court of Appeals for the Sixth Circuit dismissed a lawsuit against Nexus Gas Transmission brought forth by three citizen groups over air pollution permits for pipeline compressor stations, according to Big Law Business. The court ruled that “Protecting Air for Westerville”, “Neighbors Against Nexus” and “Sustainable Court Medina” lacked standing to challenge the permits and were unable to explain the harmful effects the pipeline compressor stations will have on group members. For more, read the full story

Ohio

Lordstown Industrial Park finally getting second power plant

On February 22, 2019, after the $1 billion project was held up in court for over a year, a second power plant was approved for the Lordstown Industrial Park, according to The Business Journal. The legal dispute arose over land acquisition between the majority owner of the Lordstown Energy Center and Clean Energy Future LLC, which is overseeing the development of the 940-megawatt power plant. Bill Siderewicz, president of Clean Energy Future LLC, is preparing to finalize financing for the project. For more, read the full story

Ohio

Harrison County power plant to be a hub of economic growth for the state of West Virginia

Energy Solutions Consortium and Caithness Energy are partnering to open a natural gas-fired power plant in Harrison County, WV, by fall of 2021, according to WVNews. The plant will interconnect with the PJM grid, powering 13 states and generating an expected $880 million for the state of West Virginia. Energy Solutions Consortium is also in the early stages of a second project, which will bring an even larger natural gas power plant to Brooke County. For more, read the full story

West Virginia

DeWine announces J.P. Nauseef as the next president of JobsOhio

Governor Mike DeWine and JobsOhio jointly announced J.P. Nauseef as the next president and investment officer of JobsOhio on Feb. 14, according to Ohio.gov. Dewine believes that Nauseef’s “extensive experience in the economic development field, and passion for selling Ohio as the best location for new and expanding businesses” positioned him as the most promising candidate. Previously, Nauseef served as a former U.S. Air Force Officer and is now chairman and co-founder of Krush Media Group. He is set to replace the current president, John Minor, in March. For more, read the full story

Ohio

Antero to pay $3.15 million fine for pollution violations in West Virginia

On February 11, 2019, the U.S. Department of Justice and the West Virginia Department of Environmental Protection filed a settlement in federal court requiring Antero to pay a $3.15 million fine over damages involving fracking, according to The State. The Colorado-based natural gas producer was found in violation of the Clean Water Act for illegally disposing of dredge in waters at 32 drilling sites across West Virginia. In addition to paying the fine, Antero is responsible for restoring the water supplies affected and the surrounding areas.

West Virginia
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