EOG Resources CEO Lloyd “Billy” Helms spoke at the J.P. Morgan Energy, Power and Renewables Conference in New York City yesterday. Helms had some very interesting comments on his company’s strategy moving forward–a strategy of keeping drilling activity in the Permian about even (not expanding), but increasing drilling activity in other plays, including the Ohio…
Read More...Encino Energy, now Ohio’s biggest oil producer, has agreed to donate $100,000 over the next five years to the Muskingum Watershed Conservancy Foundation to help fund community projects in Tuscarawas, Harrison, Carroll, and Belmont counties. The donation was announced at a press conference on Tuesday at Tappan Lake Marina in Harrison County. The Muskingum Watershed…
Read More...The weekly rig count in the U.S., particularly in gas-focused plays, continues to be of concern. That is, it keeps decreasing and then not recovering the decrease. Last Thursday, Baker Hughes said the U.S. lost another eight rigs total (oil and gas)–the seventh week in a row the rig count has decreased. Two weeks ago,
Read More...New shale permits issued for Jun 5-11 in the Marcellus/Utica last week dipped a bit from the previous week. There were 20 new permits issued, down from 25 issued the previous week. Last week’s permit tally included 6 new permits for Pennsylvania, 8 new permits for Ohio, and 6 new permits in West Virginia. Ascent
Read More...The Ohio Dept. of Natural Resources (ODNR) recently released production numbers for the first quarter of 2023, and wow! What a surprise! Oil production in the northern Utica Shale skyrocketed, led by wells drilled by Encino Energy. According to an analysis by the Youngstown Business Journal, four shale wells drilled by Encino in Columbiana County
Read More...Two weeks ago, shale drillers could, for the first time, begin to apply for permits to drill under (not on top of) Ohio state lands and state parks under newly formulated rules established by the Ohio Oil & Gas Land Management (OGLM) Commission (see Ohio State Lands Now Open for O&G Leasing – Virtual Ribbon-Cutting).
Read More...According to Baker Hughes, which has tracked rig counts since 1944, drillers cut the rig count once again last week (overall by a single rig), the sixth week in a row when the rig count has gone down. This is the first time the U.S. oil & gas rig count has gone down six weeks
Read More...Researchers with Ohio Northern University recently published a study that finds that fracking for Utica Shale sometimes (“episodically”) reduces small Eastern Ohio River basin stream levels. The fluctuations in those stream levels “could” (but not necessarily do) negatively impact aquatic life (ecosystems) in those areas. The situation should, according to the researchers, be confirmed by
Read More...New shale permits issued for May 29-Jun 4 in the Marcellus/Utica finally went higher again last week. There were 25 new permits issued, up from the dismal 8 new permits issued the previous week. Last week’s permit tally included 13 new permits for Pennsylvania, 6 new permits for Ohio, and 6 new permits in West
Read More...The massive 1,875-megawatt Marcellus/Utica gas-fired electric generating station built in southern Guernsey County in Ohio–the Guernsey Power Station–is now online…. Continue reading The post Country’s Biggest Natural Gas Power Plant (in OH) Begins Operation first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...We have two explosions and resulting fires to tell you about–neither related to the other, except they happened two days… Continue reading The post Unrelated Explosions at OH Utica Well Pad, WV Brine Plant first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Last week shale drillers could, for the first time, begin to apply for permits to drill under (not on top… Continue reading The post 8 Cos. Bid to Drill Under OH State Land, Applications Anonymous first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...Yesterday the virtual ribbon was cut, and drillers could, for the first time, begin to apply for permits to drill… Continue reading The post Ohio State Lands Now Open for O&G Leasing – Virtual Ribbon-Cutting first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...We’re about tell you about bitcoin mining and blockchains, a topic we know VERY little about. We feel like we’ve… Continue reading The post Individuals Can Now Mine Bitcoin via Compass Ohio 2 Facility first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Read More...New shale permits issued for May 15-21 in the Marcellus/Utica took a substantial hit. There were only 12 new permits… Continue reading The post 12 New Shale Well Permits Issued for PA-OH-WV May 15-21 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
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