It grew 17 percent compared to the last quarter of 2018. Horizontal shale wells in the state produced 6.8 million barrels of oil and 685 billion cubic feet of natural gas during the fourth quarter of last year, the Ohio Department of Natural Resources announced Friday. Oil production grew 17 percent compared to the last
Read More...Residents of our region received some positive news Wednesday when it was learned that a local company has plans to build a gas-to-liquids facility in Saline Township in northern Jefferson County. Hammondsville-based Orin Holdings and county officials see a big potential for the facility, which would be located on 500 acres of ground that has
Read More...As the organization in charge of providing the general public with fact-based, educational information about Ohio’s important natural gas and oil industry, we’re deeply disappointed a recent article (“Rolling Stone Article Highlights Area Fracking Concerns,” Feb. 15) irresponsibly omitted key facts and context that is critical for readers to understand. Naturally occurring radioactive materials (NORM) in
Read More...PTT readies $5bn war chest to turn US into ‘second home base’ BANGKOK — PTT Global Chemical, an arm of Thai energy major PTT Group, has set aside $5 billion for its next five-year investment, of which around 80% will be spent on a petrochemical complex in the U.S. and acquisitions. Chief Executive Kongkrapan Intarajang said the company is
Read More...by Tom Westfall WVONGA Board President The folks who make up West Virginia’s oil and natural gas industry are proud of their work. They’re moving West Virginia ahead, and economic numbers we see each year are a source of pride. We face challenges as commodity prices are decreasing. Prices will remain low for the foreseeable
Read More...As a result of continued low natural gas prices, oil and gas companies have had to recalculate and reduce the value of their assets to reflect the down market, according to ShaleOhio. Last month, Chevron Corp. recorded a $10 billion impairment last month and more than half of it was attributed to assets in the
Read More...American consumers are reaping the benefits of soaring natural gas production, pocketing over $1.1 trillion in savings over the past 10 years, according to a new report released by Shale Crescent USA and the Ohio Oil & Gas Energy Education Program. The analysis shows growth in domestic natural gas production resulted in more than $4,000 in savings per
Read More...Voters, taxpayers and lawyers in the city of Youngstown, OH will be spared from a ninth iteration of an anti-fracking charter amendment this year, as backers of the “Community Bill of Rights” failed to submit required documents to the local board of elections to have the measure placed on the ballot. Despite repeated failures at
Read More...The Energy Information Administration projects natural gas production in the seven most productive basins and plays in the U.S. to rise 469 million cubic feet per day (Mmcf/d) from September to October, according to Kallanish Energy. Gas production will increase to more than 82.36 billion cubic feet per day (Bcf/d), up from 81.89 Bcf/d in
Read More...An activist group is recycling its faulty claims and scare tactics around chemicals used in natural gas development as it shifts its anti-fracking efforts from Pennsylvania to Ohio. This year’s attempt by the Partnership for Policy Integrity (PPI) to resurrect debunked talking points about fracking fluid chemical exposure – which follows its similar report last
Read More...Now the City of Buffalo is suffering from Cuomo’s anti-fossil fuel fervor, as a recent Vanity Fair article highlights a $750 million state subsidy Elon Musk’s SolarCity received to open a plant there. And state taxpayers are paying the price. “For $750 million, we’re getting jobs that pay $2 an hour more than Aldi’s,” the story quotes
Read More...The overwhelming majority of methane found in groundwater samples near natural gas and oil drilling sites in Pennsylvania is naturally occurring, and not related to fracking, according to a new study from Penn State University. The research, which was funded by the National Science Foundation and U.S. Geological Survey, found 99.92 percent of the 20,751 water
Read More...Enterprise Products Partners has started gauging shipper interest in a proposed 50,000 b/d expansion of its ATEX ethane pipeline, according to S&P Global Platts. The proposed expansion would move more materials from the Appalachian Basin to the company’s NGLs storage complex in Mont Belvieu, Texas. Enterprise has been looking to boost deliveries of oil, gas, and
Read More...The seven most productive, unconventional shale plays and basins in the Lower 48 U.S. states are projected to set a natural gas production record from August to September, according to the Energy Information Administration August Drilling Productivity Report. more than half of the production increase will be driven by the Marcellus and Utica shale plays
Read More...The Appalachian Basin’s energy future has never looked better. As President Trump explained in a speech during his visit to Shell Chemical’s ethane cracker facility that is currently under construction in Beaver County, Pa.: “With your help, we’re not only unleashing American energy, we’re restoring the glory of American manufacturing and reclaiming our noble heritage
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