Medina County Common Pleas Judge Christopher Collier is expected to release his findings in a lawsuit over surveying access for the proposed Nexus Pipeline on Monday.
The decision is not yet complete and the judge was still working on it, a spokeswoman said on Friday.
Collier had said earlier that he hoped to complete his decision for a Friday release.
Texas-based Nexus Gas Transmission LLC is seeking Collier’s approval to go on private property to survey for its $2 billion pipeline that would cross northern Ohio, despite opposition from landowners.To read more or comment...
The U.S. rig count took another dip today.
Well service company Baker Hughes reported that 809 wells are at work in the United States. That total is a drop of 29 from a week earlier and a decline of 1,113 from a year ago.
Those 809 wells include 614 oil wells and 195 natural gas wells in the U.S. only, Baker Hughes said.To read more or comment...
A Texas energy consultant wants to lead a takeover of oil and gas company Magnum Hunter Resources Corp., Columbus Business First reported.
Dallas Salazar, CEO of Austin-based Atlas Consulting, said he has gathered enough support from shareholders for a takeover attempt, though he hopes the Texas company's management will work with him on suggested changes.
The shale drilling company with a sizable acreage base in eastern Ohio’s Utica shale has attractive assets, he said, but is over-leveraged.
Click here to read the full story.To read more or comment...
From a Thursday press release:
HOUSTON, Oct. 2, 2015 /PRNewswire/ -- Columbia Pipeline Group, Inc. and Columbia Pipeline Partners LP (together, "Columbia") today announced that their subsidiary, Columbia Gas Transmission, LLC, has placed the East Side Expansion Project ("ESE") in service.
"East Side is an important piece of our project backlog which is designed to meet the needs of both producers and end-use markets over the next several years," said CPG President Glen Kettering. "Placing it in service today is a testament to our team's focus on executing CPG's exciting growth plan on time and on budget."
The ESE Project creates additional capacity of 312 million cubic feet per day on the Columbia system. It involves the installation of two natural gas pipelines, with approximately nine miles of pipeline in Chester County, Pennsylvania, and nine miles of pipeline in Gloucester County, New Jersey. The project also includes modifications and upgrades to certain compressor station facilities, including the installation of two new 4,700 horsepower compressor units at Columbia's Milford Compressor Station in Pike County, Pennsylvania, and two new 10,000 horsepower units at the company's Easton Compressor Station in Northampton County, Pennsylvania.To read more or comment...
From a Thursday press release:
DENVER, October 1, 2015 (GLOBE NEWSWIRE) -- PDC Energy, Inc. ("PDC" or the "Company") (Nasdaq:PDCE) today announced that it has extended the maturity of its revolving credit facility by two years to May 2020. The borrowing base has been re-affirmed at $700 million of which the Company has elected to keep its commitment level at $450 million.
Chief Financial Officer Gysle Shellum stated, "We are very pleased with the support of our bank group and its agreement, given the current market conditions, to not only re-affirm our current borrowing base, but extend the maturity of the revolving credit facility by two years. This liquidity and flexibility provides us the ability to continue operating with a clear focus on maintaining favorable debt metrics and executing on our strategic vision of delivering shareholder value through continued production and cash flow growth, and strong returns."To read more or comment...
Posted with permission from the OOGEEP:To read more or comment...
From the American Petroleum Institute on Thursday:
Industry shares PHMSA’s pipeline safety goal of zero incidents
WASHINGTON, October 1, 2015 – API Midstream Group Director Robin Rorick said industry shares the goal of zero incidents that is intended by the new hazardous liquids pipeline proposed rule by the Pipeline and Hazardous Materials Safety Administration (PHMSA).
“Safety is our top priority," said Rorick. "We are always looking for new ways to enhance an already safe industry. We need a practical pipeline safety rule for hazardous liquids that will complement industry’s strong safety standards. We look forward to working with PHMSA when it comes to protecting the public."To read more or comment...
From a Thursday press release:
HOUSTON, Oct. 1, 2015 /PRNewswire/ -- EV Energy Partners, L.P. (NASDAQ: EVEP) today announced it has closed four previously announced acquisitions purchased from certain institutional partnerships managed by EnerVest, Ltd. The acquisitions represent combined estimated net proved reserves of 302 Bcfe in the Appalachian Basin, San Juan Basin, Michigan and Austin Chalk for a combined adjusted purchase price of $259.4 million, subject to customary post-closing adjustments. The acquisitions were funded primarily with borrowings under the Partnership's credit facility.
"We are pleased to close on these acquisitions and expand our footprint in areas where we have existing operations. Post-closing, EVEP has a strong balance sheet with over $300 million of available liquidity in borrowing base capacity and cash. In addition, these acquisitions will provide incremental capacity to our borrowing base when we finalize our semi-annual redetermination later this month," stated Michael Mercer, President and Chief Executive Officer.
About EV Energy Partners, L.P.To read more or comment...
A small earthquake was reported late Tuesday in Harrison County in eastern Ohio, the Intelligencer/Wheeling News-Register reported.
The quake measured 2.1. No injurries were reported.
The quake about 11:30 p.m. was centered in Moorefield Township about 10.5 miles southwest of Cadiz.
It was unclear if the quake was linked to hydraulic fracturing or fracking or a nearby injection well.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.