Posts Authored by Aaron M. Bruggeman

Bechtel will build Belmont County cracker

Thai petrochemical giant PTT Global Chemical has selected Bechtel Oil, Gas & Chemicals to build the Belmont County ethane cracker plant, according to S & P Global. Bechtel is also building a Shell cracker in Monaca, Pennsylvania. Ethane cracker plants could spur economic growth in the region; two large-scale projects in close proximity could encourage workers to relocate here rather than coming in to work on a project-by-project basis. Utica and Marcellus could support four additional cracker plants, according to the U.S. Department of Energy, further increasing development potential. The Belmont County plant will site on a former coal-fired power plant in Mead Township.

Ohio

Another step up in Ohio shale well activity

The Youngstown Business Journal reports that the ODNR granted 17 new permits last week: two to Hillcorp Energy in Columbiana County, eight to Ascent Resources Utica LLC in Jefferson and Belmont counties and seven to Rice Drilling LLC in Belmont County. Read the full story.

Ohio

Ohio's top shale oil and gas producers

Ohio’s top ten shale oil and gas producers for 2018, according to Columbus Business First:

1.       Ascent Resources Utica LLC

2.       Gulfport Energy Corp.

3.       Rice Drilling D LLC

4.       Chesapeake Exploration LLC

5.       Antero Resources Corp.

6.       Eclipse Resources I LP

7.       CNX Gas Company LLC

8.       Equinor USA Onshore Properties

9.       XTO Energy Inc.

10.     Gulfport Appalachia LLC

Production wells on this list are concentrated in the east-central and southeast Ohio counties of Belmont, Monroe, Harrison, Jefferson, Carroll, Columbiana, Noble and Guernsey. Rankings were determined by production in thousands of cubic feet; production information was obtained from the ODNR.

Ohio

ODNR permitting process under way for injector wells in Richland Township

Omni Energy Group has filed for a permit to site two saltwater injection wells near the intersection of U.S. 40 and Ohio 331 near St. Clairsville, the Intelligencer Wheeling News-Register reports. Residents voiced concerns about pollution, noise and increased truck traffic related to the potential siting. The CEO of Omni stated that “[Omni wants to] be the best neighbor and best part of the community we can be.” The permitting process is ongoing with no finite deadline. Read the full story.

 

Ohio

Findlay-based Marathon Petroleum merger could benefit midstream growth in Ohio basin

A planned merger of Marathon entities MPLX and Andeavor Logistics will expand “[Marathon’s] geographic footprint” in the Ohio basin, the Dayton Daily News reports. Marathon’s CEO anticipates growth and value-creation opportunities as a result. Likewise, low oil prices may spur consolidation between Anadarko Petroleum and Occidental Petroleum. 

Ohio

Belmont County tops Utica Shale activity

The New Philadelphia Times-Reporter’s weekly roundup of Utica Shale activity, for the week ended April 27, 2019. Belmont County tops the list with 629 permits, followed by Carroll County at 525 and Harrison County at 470. There are 2,179 producing Utica wells in Ohio.

Ohio

Jefferson County to break into top five

According to the Ohio Oil and Gas Association, Jefferson County will soon become one of the top five natural gas producing counties in the state. The energy industry is emphasizing production in the region with its Shale Crescent campaign and Ascent Resources, with 29 of the top 40 producing wells in Ohio, is focusing drilling in Smithfield, Mount Pleasant and Cross Creek. Currently there are 229 permitted drilling sites in Jefferson County. Read the full story, including production and permitting data from surrounding counties, here.

 

Ohio

13 permits issued for Utica shale

For the week ended April 13, 2019, the ODNR issued 13 permits to Ascent Resources-Utica LLC for exploratory drilling in Belmont, Harrison and Jefferson Counties. These were the only permits issued for the week in both the Ohio and Pennsylvania sectors of the Utica, according to the Youngstown Business Journal. 2,179 horizontal wells and 16 rigs are currently in production in Ohio. Read the full story.

Ohio

Potential economic impact of Belmont County cracker plant

According to daily-jeff.com, PTTGC America, the U.S. subsidiary of PTT Global Chemical, is in the process of conducting a site feasibility study in Mead Township to determine its suitability for a petrochemical complex that could “change the economic structure throughout the [Eastern Ohio] region.” PTT Global is looking at the site specifically because of its location on the Utica and Marcellus shale plays and its easy access to transportation infrastructure. Economic development from the proposed plant could benefit Belmont and adjacent counties, attracting business from upstream, midstream and downstream sectors of the petrochemical industry. Read the full story.

Ohio

Utica and Marcellus shale plays drive U.S. natural gas production to record high

The Utica/Point Pleasant and Marcellus shale plays are driving growth in U.S. natural gas production, according to data from the EIA and reported by the Youngstown Business Journal. National production was up 11% in 2018, marking the “largest annual production increase on record” for the second year in a row. Gross withdrawals in Ohio alone were up 34% in 2018; notably, the Appalachian basin is now supplying an increased volume of natural gas to other areas of the country, including the Gulf Coast and Texas. Likewise, export volumes have increased. Billion-dollar investments in pipeline development across the region will continue. For more, read the full story.

National, Ohio
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