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

2019 Infrastructure Funding: How to get it and spend it wisely

On January 14, 2019, the President signed the Water Infrastructure Improvement Act (H.R. 7279), granting municipalities new statutory tools to affordably confront expensive infrastructure challenges using Integrated Planning. Bricker & Eckler, McMahon DeGulis and Muskingum Watershed Conservancy District are hosting a series of free public infrastructure planning events to discuss these tools and the integrated planning process.

This program will be offered in various Ohio locations February through May. For more information, including schedule, location details and to register, visit the event page.

Ohio

Ohio among top states for oil and natural gas proved reserves

In newly released data by the U.S. Energy Information Administration, Ohio is now among the top five states for oil and natural gas proved reserves, according to the Dayton Business Journal. Other top states include Pennsylvania, Texas, West Virginia and Louisiana.  For more, read the full story.

National, Ohio

Natural gas production on the rise in Ohio

At the end of the third quarter, Ohio’s natural gas production was up 39% to 6.9 billion cubic feet per day, according to API SmartBrief.  Belmont, Jefferson and Monroe counties and Ascent Resources were top producers. For more, read the full story.

Ohio

Ohio EPA issues permits for potential cracker plant construction

The Ohio EPA recently issued air and waterways discharge permits to allow PTTGCA and Daelim Industrial Co. to construct a multi-billion cracker plant along the Ohio River, according to Columbus Business First. While both companies have yet to announce a final decision on the project, these newly issued permits are one of the last needed to start construction. For more, read the full story

Ohio

Court distinguishes oil and gas land professionals from real estate agents/brokers

On December 19, S.B. 263 was signed into law by Governor Kasich, establishing the concept of an “oil and gas professional.” This distinction is important because it separates those involved in the purchase and sale of oil and gas land from the licensure requirements imposed on real estate agents and brokers. Despite this exemption, oil and gas land professionals are still required to fulfill newly-established registration requirements, including an annual fee and membership within a national oil and gas land professional group. This topic has been a source of debate within the court system, so the new law is a welcome resolve within Ohio’s oil and gas industry.  

Ohio

$86 million Risberg Line project approved for construction

The $86 million Risberg Line project was approved by the Federal Energy Regulatory Commission on Dec. 14, according to Star Beacon. The project will extend the natural gas pipeline by 28 miles through northwest Ashtabula County and is expected to increase job opportunities and tax revenue for the surrounding areas. For more, read the full story.

Ohio, Pennsylvania

Funding approved for new railyard facility in Hannibal

U.S. Senator Sherrod Brown announced $20 million in funding for the construction of a new railyard and pipeline facility in the town of Hannibal, Ohio on Dec. 6, according to The Daily Jeff. The rail transloading project is expected to increase the area’s energy exports and connectivity to global markets. For more, read the full story.

Ohio

Ohio Supreme Court: Oil and gas royalty reservation preserved under the Ohio Marketable Title Act

On December 13, 2018, in Blackstone v. Moore, 2018-Ohio-4959, the Ohio Supreme Court ruled that a reference that includes the type of interest created and to whom the interest was granted is sufficiently specific to preserve the interest in the record title under the plain language of the Ohio Marketable Title Act (OMTA). The Court rejected the appellant’s claim that the oil and gas royalty was extinguished because the reference did not provide the volume and page number where the interest was created or the date the interest was created.

The sole issue was whether the reference to an oil and gas interest in the deed was sufficient to preserve that interest under the Ohio Marketable Title Act. Here, the property was conveyed to the Blackstones in 1969, with the following exception: “Excepting the one-half interest in oil and gas royalty previously excepted by Nick Kuhn, their [sic] heirs and assigns in the above sixty acres.” The Court reasoned that “one-half interest,” and “Nick Kuhn and their [sic] heirs,” was free from ambiguity because it included the type of interest created and who originally reserved that interest. According to the Court, the royalty interest had been sufficiently identified by the plain language of the exception contained in the 1969 deed, and as a result, the oil and gas royalty interest had not been extinguished by the OMTA.

In her concurring opinion, Justice DeGenaro noted that the majority opinion was not to be read to affirmatively state that the OMTA applied to oil and gas interests in light of the “more specific” Ohio Dormant Mineral Act (ODMA). Thus, according to Justice DeGenaro, the Court still needs to consider the question of whether the ODMA, the OMTA or both can be used in seeking to quiet title in oil and gas interests in Ohio. That question is already being hotly litigated in the State of Ohio. Check back with ShaleOhio for updates in this area.

Ohio

Equitrans Midstream finalizes “spin-off” from EQT Corporation

Equitrans Midstream Corporation, a prominent natural gas gatherer and pipeline operator with a significant hold in the Marcellus and Utica Shale region, has officially “spun-off” from EQT Corporation and has begun “regular-way” trading, according to the Cincinnati Business Courier. Thomas F. Karam, president and CEO of Equitrans Midstream expressed much optimism for Equitrans Midstream, given its strong fundamentals and potential.

Ohio
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