Tom ShepstoneNatural Gas NOW … … The recently released FERC State of the Markets Report, 2018″ report is an update on the progress of the shale revolution as it moves forward claiming new territory. The highlights say it all (emphasis added): Natural gas markets experienced record high demand and supply. Natural gas storage fell to
Read More...Ohio’s continuously-growing shale energy industry has attracted $74 billion in investments since 2011, according to a study done by Cleveland State University. The study was prepared for JobsOhio and represents the most recent data available, including investments made through the first half of 2018. It showed drilling activity slowed but remained significant in Ohio from
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. We spotted some interesting comments made by Rick Simmers, chief of Ohio’s Division of Oil and Gas Resources (part of Ohio Dept. of Natural Resources, or ODNR), at the recent Utica Midstream
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Last week Enbridge, owners of the Texas Eastern Transmission Company (Tetco) pipeline, filed documents with the Federal Energy Regulatory Commission showing that Phase II of its Texas Eastern Appalachian Lease (TEAL) Project
Read More...Tom ShepstoneShepstone Management Company, Inc. The Utica Shale has brought $70 billion of investment to Ohio and there’s more to be had. The Utica also underlies most of the Marcellus. Imagine that! When we think Utica Shale, we tend to think Ohio because that’s where the oil and gas industry has put $70 billion
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. A 30-inch segment of Enbridge’s Texas Eastern Transmission Company (Tetco) interstate natural gas pipeline exploded in January, sending two people to the hospital and destroying two nearby homes when fires from the
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. One of the arguments often heard from those who oppose natural gas pipelines is that “nobody” benefits from the pipeline except the sleazy Big Corporation that builds and profits from it. A
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. Investment firm BlackGold Capital Management announced late last week it has purchased Overriding Royalty Interests (ORRI) in the Utica shale of Ohio from an unnamed seller. We have a guess as to
Read More...Tom ShepstoneShepstone Management Company, Inc. GE will provide its record-setting HA gas turbine, the company’s most advanced and efficient technology ever, for a new energy project in Eastern Ohio. Fortress Transportation and Infrastructure Investors LLC is developing a project known as the Long Ridge Energy Terminal in Eastern Ohio. It will, according to the company,
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. The Canadians are coming! The Canadians are coming! Actually, they’re already here. Last summer we brought you the bombshell news that Encino Acquisition Partners (EAP) had purchased all of Chesapeake Energy’s Ohio
Read More...This article is provided FREE for Google searchers. In order to access all content on Marcellus Drilling News, please visit our Subscribe page. The “great crew change” is taking place in the oil and gas industry in general, and in the Marcellus/Utica in particular. Older workers are nearing retirement and exiting the industry in increasing
Read More...Tom ShepstoneShepstone Management Company, Inc. The shale revolution is just destroying its enemies, with record production of natural gas, growing exports and long desired energy security for the United States. The Energy Information Administration (EIA) is out with stunning statistics on the impacts of the shale revolution. The data is simply overwhelming; the shale revolution
Read More...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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