Ohio Clears Benchmark, Appalachian Gas Shifts National Energy Flows

Ohio River Corridor

Ohio Clears Benchmark, Appalachian Gas Shifts National Energy Flows

Natural gas development in the Appalachian Basin continues to reshape the domestic energy landscape, as recent production reports from the region illustrate. New figures released by the Ohio Department of Natural Resources show production in the Buckeye state set a new state record in the latest quarter. Likewise, a recent report out of Texas shows

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Infographic: What You Should Know About CSSB 421

New legislation is making its way through the Texas Senate that could have significant and costly impacts on the state’s record oil and natural gas production, with the potential to raise energy costs for Texans and reduce funding for schools and other public services. As EID’s latest infographic explains, Committee Substitute Senate Bill 421 (CSSB

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Equitrans Midstream’s unit to buy pipeline assets in Marcellus, Utica shale

Equitrans Midstream Corp’s unit signed a deal worth $1.03 billion yesterday to take control of two pipelines that connect the Marcellus and Utica shales, according to Reuters. EQM Midstream Partners LP will purchase a 60 percent stake in Eureka Midstream Holdings LLC and all of Hornet Midstream Holdings LLC from a fund managed by Morgan Stanley.

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EIA: Natural gas fuels electric generating capacity installed in 2018

More than 60 percent of the electric generating capacity installed last year was fueled by natural gas, according to the Energy Information Administration. In 2018, 31.3 gigawatts (GW) of electric generating capacity were added in the United States, while 18.7 GW of capacity were retired. Of the additional capacity, 19.3 GW resulted from natural gas-fired

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Colorado Senate Passes Oil and Gas Bill in the Middle of a Blizzard

The “Bomb Cyclone” (really, that’s the technical term) that’s bringing a blizzard and whiteout conditions to Colorado’s Front Range has caused businesses, schools, offices and government buildings to all shut down.  But there’s one notable exception: the Colorado State Senate.  While the House did not hold business today due to inclement weather, the Senate continued

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Amazon’s flexible packaging move signals plastics demand trend, recycle upset

Amazon’s decision to move to lightweight flexible plastic mailers over its traditional cardboard boxes will likely set a trend for the rest of the industry, according to an industry report. × “As the market leader in the U.S. e-commerce sector, Amazon is in a particularly powerful position to shape decisions on packaging preferences,” Wood Mackenzie

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Analysis: Soon plastics, not fuel, could dictate the price of oil

Plastics and petrochemicals will take on a more important role than ever in the global economy, and plastic consumption will have a bigger impact on the price of a barrel of oil, according to consultant and guest columnist Harrison Carroll. × Ok, first, let’s not get off on the wrong foot. I might be using

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Cabot ceases operations in north central Ohio

After spending the last couple of years exploring the horizontal well potential in north central Ohio, Cabot Oil & Gas Corp. has ceased operations in the Ashland and Richland County area, according to Farm and Dairy. The Houston-based energy company, which operates Marcellus shale wells in Pennsylvania, hoped to extract oil and gas from its

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What’s the Big Deal About Global Deal-Making? (Part 2)

Share this article on social media: Q&A with Axiom SIORs: Patrick Fitzgerald, SIOR; John Salsberry, SIOR; and Ryan Bertin, SIOR Relationships are always important, and never more so than when you are doing a deal outside the United States. In January, SIOR Pulse featured a piece where I interviewed John Huguenard, SIOR, to get his experiences with

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Chester County wants to join lawsuit against Mariner East

The Chester County commissioner recently announced they are seeking to join a lawsuit against Sunoco’s Mariner East pipeline and the intent to end an agreement to grant the company access to county land, according to The Philadelphia Inquirer. Earlier this year, the Chester County commissioners notified the Pennsylvania Public Utility Commission about growing concern over

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FERC approves full in-service of Mountaineer XPress

TransCanada will be allowed to increase the flow of gas on its Mountaineer XPress project and begin operating its Gulf XPress project thanks to the Federal Energy Regulatory Commission’s approval of the full in-service of the Mountaineer XPress project, according to Gas Compression Magazine. “Mountaineer XPress and Gulf XPress are extremely important to TransCanada as

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Eclipse, Blue Ridge form Montage Resources Corp. in merger

Eclipse and Blue Ridge Mountain Resources recently announced they’ve finally completed the merger they announced last August to form a new company called Montage Resources Corp., according to Kallanish Energy. Montage Resources common stock begins trading on the New York Stock Exchange earlier this week under the ticker symbol “MR”, giving effect to the 15-to-1

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Range to focus capital spending on Appalachian Basin in 2019

Range Resources plans to spend 90 percent of the $756 million it has set aside for capital spending in 2019 in the Appalachian Basin, according to Kallanish Energy. More than 60 percent of the company’s planned activity in the Appalachian Basin is directed towards liquids-rich drilling. It plans to bring 88 Marcellus Shale wells online

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Harrison County power plant to spur economic growth in West Va.

A new 550-megawatt natural gas-fired power plant in Harrison County is expected to break ground this spring and be operational by fall 2021, according to WV News. More importantly, the project is expected to serve as a catalyst in stimulating West Virginia’s economy. The plant, a joint project of Energy Solutions Consortium and Caithness Energy,

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