Diversified Gas & Oil (DGO) owns close to 8 million acres of leases with some 60,000 (mostly) conventional oil and gas wells. Their focus has been to acquire quality production and cash flow–regardless of the well or commodity type (gas or oil)–in the Appalachian Basin. DGO currently owns over 400 Marcellus/Utica shale wells in their
Read More...Clean Energy Doesn’t Happen Without Natural Gas! Tom ShepstoneShepstone Management Company, Inc. … … The Biden Administration is a big green jobs killer intent upon on courting the special interests of blue blood elites. Blue collar workers in America now know who their friends are and they do not include the Biden Administration, which has
Read More...click for larger version In March 2019 MDN brought you the news that Wood Group had been awarded a $34 million contract to build 28 miles of the 60-mile Risberg Pipeline from Crawford County, PA to Ashtabula County, OH (see Wood Wins $34M Contract to Build PA to OH Risberg Pipeline). The portion Wood built
Read More...Here’s an interesting twist. Just last week we told you about ongoing opposition from anti-fossil fuelers to a currently dormant project, the Mountaineer NGL Storage hub project in Monroe County, OH (see Opposition to Dormant Mountaineer NGL Storage Hub in Monroe, OH). Mountaineer wants to build an underground storage cavern to hold natural gas liquids,
Read More...Clean Energy Doesn’t Happen Without Natural Gas! Tom ShepstoneShepstone Management Company, Inc. … … Clean energy is, to a large extent, in the eye of the beholder, but one thing is surely clear; natural gas is critical to any of it. As a new administration takes shape in Washington, D.C. we enter a period of
Read More...Tom ShepstoneShepstone Management Company, Inc. … … The Department of Energy just issued a comprehensive report about the dangers of banning hydraulic fracturing in this country. The Executive Summary follows: Abundant American oil and natural gas reserves are a strategic asset in driving sustained, long-term economic growth, achieving environmental goals, and enhancing the national security
Read More...Ohio Attorney General Dave Yost continues to hammer FirstEnergy Corporation. In November Yost filed a lawsuit to block the collection of $150 million provided for under House Bill (HB) 6, aimed at propping up FirstEnergy’s unprofitable nuclear power plants in the state (see OH AG Files 2nd Lawsuit to Block FirstEnergy $150M Nuke Payments). Yost
Read More...Geauga County, Ohio Here’s a story that until now, has flown under our radar. The Akron, Ohio City Council has given initial approval for a deal that will allow shale drilling under (not on) 475 acres of public land located at the La Due Reservoir. The full City Council will vote on Jan. 25 to
Read More...Cleveland State University researchers recently released a report on shale-related investment in Ohio that found cumulative oil and gas investment through December of 2019 is around $86.4 billion, according to The Heartland Institute. The researchers also found a $9 billion increase in investment in Ohio’s shale sector from 2018 to the fourth quarter of 2019.
Read More...click for larger version Two weeks ago Trumbull County, OH’s Board of Commissioners sent a letter to Gov. Mike DeWine requesting DeWine order a feasibility study on a “lake-to-river natural gas pipeline” project that will extend along the State Route 11 corridor from Columbiana County all the way to Ashtabula Harbor on Lake Erie. The
Read More...FirstEnergy is up to its metaphorical rear-end in alligators. Not only has the Ohio Supreme Court blocked (for now) the collection of annual $150 million payments from the residents of Ohio given to FirstEnergy to prop up its uneconomic nuclear power plants, but multiple (over a dozen) lawsuits have been filed against the company by
Read More...Dunkleosteus terrelli We’ve heard of fossil fuels, but until we spotted a press release from Ohio, we’d never heard of a fossil fish. Ohio Gov. Mike DeWine has just signed a bill into law designating the fossil fish species Dunkleosteus terrelli (a mean-looking critter) as the official Fossil Fish of Ohio. Dunkleosteus is the second
Read More...Last week Pennsylvania issued 25 new shale well drilling permits in both northeast and southwest PA, although most of the permits for SWPA. Ohio issued 4 new shale well permits, all of them to the same company (Encino Energy) and the same well pad (in Harrison County). West Virginia issued 6 new shale well permits,
Read More...The Ohio Supreme Court just delivered a decision that affects one particular landowner (and former mineral rights owner), but also has implications for all Ohio landowners and rights owners. And by extension, implications for drillers that pay royalty payments. The Supremes found in Gerrity v. Chervenak that the landowners in the case (the Chervenaks) did
Read More...Anti-fossil fuelers love to protest things. Fine. Let them protest. This is (still) America. But when antis tip over into illegal acts like blocking legal activities of building pipelines or drilling wells, or when antis tip over into acts of vandalism like destroying equipment, that’s NOT okay. Antis call it “protesting.” We call it criminal
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