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...
Phillip Keevert is the lo0ne paid fireman in Ohio's Monroe County.
He was deeply involved in a June 28 well pad fire near Clarington.
Thyat fire and how it was handled showed some of the problems with how Ohio deals with such problems, reports the Columbus Dispatch.
Click here to read the story by reporter Laura Arenschield.To read more or comment...
Texas-based Hilcorp. Energy Co. has withdrawn its request for forced pooling in western Pennsylvania.
The request had been filed and was making its way through the Pennsylvania permitting process.
Three landowners in Lawrence and Mercer counties had refused to sign leases. Drilling could have been permitted under state law, despite landowners refusing to sign leases.
Click here to read the full story that came out late last week from the New Castle News.To read more or comment...
From the U.S. Energy Information Administration:
For the past four years, North Dakota oil producers have flared, or burned into the atmosphere, a third of the natural gas that has come up the wellbore with the oil, as they produced increasingly large volumes of light sweet crude oil.
The huge and rising volumes of this highly desirable oil have helped change the nation's oil import balance and have become a driving force in changing domestic pipelines, oil-train operations, and refining.
Now, the state's principal energy regulator, the North Dakota Industrial Commission (NDIC), is seeking to reduce the volume of flared gas to 10% of production by 2020, even if it means cutting back oil production. The NDIC's order said it will "consider amending… field rules to restrict oil production and/or impose such provisions as deemed appropriate to reduce the amount of flared gas."To read more or comment...
The Pennsylvania Department of Environmental Protection is starting to investigate a discrepancies in how much drilling waste companies produce and how much they report to the state agency.
EQT Corp. said it produced 21 tons of drilling wastes in 2013.
Six landfills in southwest Pennsylvania said the company generated 95,000 tons of drilling wastes in that year, and that figure is correct, the staqte said.
Click here to read the full story from the Pittsburgh Post-Gazette.To read more or comment...
From EQT Corp., NextEra today:
PITTSBURGH--(BUSINESS WIRE)--EQT Corporation (NYSE: EQT) and NextEra US Gas Assets, LLC, an indirect, wholly owned subsidiary of NextEra Energy, Inc (NYSE: NEE) today announced the formation of a joint venture, Mountain Valley Pipeline, LLC, that will construct and own the Mountain Valley Pipeline. The joint venture also announced the launch of a binding open season for the Mountain Valley Pipeline. The companies also announced EQT Corporation, through one or more of its affiliates, including EQT Midstream Partners, LP (NYSE: EQM), will operate the pipeline and own a majority interest in the joint venture.
With a vast supply of natural gas from Marcellus and Utica shale production, the Mountain Valley Pipeline is expected to provide at least two billion cubic feet per day of firm transmission capacity to demand markets in the Mid- and South Atlantic regions of the United States. Subject to FERC approval, the estimated 330-mile Mountain Valley Pipeline will connect the existing Equitrans transmission system in West Virginia, to Transcontinental Gas Pipeline Company’s (Transco) Zone 5 compressor station 165 in Virginia – a highly marketable trading area for the southeast region. To-date, the joint venture has received firm capacity commitments that total 1.5 Bcf per day. The pipeline is expected to be in-service during the fourth quarter 2018.
“As we move into a binding open season, securing the 1.5 Bcf per day of firm capacity confirms we have an economically viable project. Marcellus and Utica producers will have cost-effective access to the growing demand for natural gas for use by local distribution companies, manufacturers, and power generation facilities,” stated Randy Crawford, senior vice president, EQT Corporation; and chief operating officer, EQT Midstream Partners.To read more or comment...
From Dominion, Duke Energy, Piedmont Natural Gas, AGL Resources today:
Four comanies form joint venture to own proposed $5 billion Atlantic Coast Pipeline from West Virginia to North Carolina and Virginia:
It would move up to 1.5 billion cubic feet per day pipeline would bring 1.5 billion cubic feet of natural gas per day to North Carolina and Virginia
The partnership, called Atlantic Coast Pipeline LLC, will own the pipeline initially proposed by Dominion as the Southeast Reliability Project. It is designed in part to meet the needs identified in requests for proposals last April by Duke Energy and Piedmont, and in June by Virginia Power Services Energy. It would deliver natural gas supplies to growing markets for additional customers in Virginia and North Carolina. The pipeline would provide a new route for direct access to the burgeoning production in the Marcellus and Utica shale basins of West Virginia, Pennsylvania and Ohio.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...
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.