From SNL Energy last week:
Additions of generating capacity from natural gas-fired, combined-cycle units dropped to a 15-year low in 2013, with only 3,960 MW added, a nearly 50% decline from capacity additions in 2012. But more than 88,000 MW is now in various stages of development in the U.S.To read more or comment...
A modern technology and a very familiar sandstone may hold new riches for Ohioans.
Horizontal drilling is being used in Stark County by one Texas-based drilling company to access natural gas and oil in the Clinton sandstone and to boost production.
EnerVest Ltd., based in Houston, has quietly drilled seven miniaturized horizontal wells in the sandstone that has been heavily drilled in the past.
Clinton sandstone is found under 25 counties in eastern Ohio including those in the Akron-Canton-Cleveland area.To read more or comment...
NEW PHILADELPHIA: Landowners in eastern Ohio have cashed in on drilling on Ohio’s Utica shale.
But no one has benefitted financially as much as the Muskingum Watershed Conservancy District, Ohio’s No. 1 beneficiary of drilling.
The public agency that stretches from Akron south to the Ohio River is flush with cash after getting $171 million in bonuses from drillers for signing leases at four of its reservoirs: Clendening in Harrison County, Leesville in Carroll County, Seneca in Guernsey and Noble counties and Piedmont in Belmont and Harrison counties.
Those leases cover 23,665 acres with an additional 414 acres of leases pending.To read more or comment...
From GlobalData last week:
China or Canada the Likeliest Trade Partner as Venezuela Seeks $10 Billion Sale of Citgo Petroleum Corporation, says GlobalData Analyst
LONDON, UK (GlobalData), 27 August 2014 - A Chinese company with both the capital and ambition to strategically expand its influence is the most likely suitor for Citgo Petroleum Corporation (CITGO), which state-owned Petróleos de Venezuela, S. A. (PDVSA) is looking to sell for at least $10 billion, with a Canadian bid also possible, says an analyst with research and consulting firm GlobalData.
Carmine Rositano, GlobalData’s Managing Analyst covering Downstream Oil & Gas, states that Chinese companies, such as Sinopec and China National Offshore Oil Corporation, have already invested billions of dollars in Canadian oil sands projects and could use their equity production to supply heavy sour crude oil to the CITGO refineries.To read more or comment...
The Pennsylvania Department of Environmental Protection has determined that shale drilling has contaminated drinking water in 248 cases across the state since 2008.
That number is higher than the 209 cases the agency had reported in July.
Click here to read the story from the Pittsburgh Post-Gazette.To read more or comment...
Chesapeake Energy Corp,the Oklahoma-based firm is the No. 1 driller in Ohio.
Rig Count Interactive Map by Baker Hughes, an energy services company.
Shale Sheet Fracking, a Youngstown Vindicator blog.
The Ohio Environmental Council, a statewide eco-group based in Columbus.
Earthjustice, a national eco-group.
People's Oil and Gas Collaborative-Ohio, a grass-roots group in Northeast Ohio.
Concerned Citizens of Medina County, a grass-roots group.
No Frack Ohio, a Columbus-based grass-roots group.
Fracking: Gas Drilling's Environmental Threat by ProPublica, an online journalism site.
Pipeline, blog from Pittsburgh Post-Gazette on Marcellus shale drilling.
Allegheny Front, environmental public radio for Western Pennsylvania.