From the Utica Shale Academy,a new drilling-based high school, that will open its doors in August in Ohio's Jefferson County:
Energy Express Services Participating in Utica Shale Academy
STEUBENVILLE-Oil and gas companies are taking an active role in the newly formed Utica Shale Academy that gets under way this month.
Express Energy Services LP will be one of the businesses featured during the academy’s lecture series throughout the year and representatives will address topics of interest with students. The Utica Shale Academy is being offered statewide to grades 9-12 under the auspices of the Jefferson County Educational Service Center and officially begins on Aug. 19through facilities housed at Southern Local High School in Salineville, Columbiana County.To read more or comment...
The Ohio Supreme Court has agreed to determine which version of the Dormant Mineral Act should apply to oil and gas drilling in the Buckeye state.
The court's ruling could have a big impact on drilling dollars in Ohio, says Columbus Business First.
Click here to read more.To read more or comment...
Hess Corp. has been quiet in recent months, but it still has big plans for its Utica shale holdings.
The company has sold some of its Utica shale holdings.
But it is very anxious to drill with its partner, CONSOL Energy, in the wet gas window in southeastern Ohio, Hess officials said in a recent earnings call.
Click here to read more from Columbus Business First.To read more or comment...
From Bloomberg News:
By Eduard Gismatullin
Royal Dutch Shell Plc, Europe’s biggest oil company, beat analysts’ second-quarter earnings estimates while pushing ahead with a restructuring program that saw it write off about $1.9 billion in U.S. gas assets.
Profit excluding one-time items and inventory changes gained 33 percent to $6.1 billion from $4.6 billion a year earlier partly on higher U.S. energy prices, The Hague-based Shell said today in a statement. That beat the $5.6 billion average estimate of 18 analysts surveyed by Bloomberg.To read more or comment...
From Summit Midstream earlier this week:
Dallas, Texas (July 29, 2014) – Summit Midstream Partners, LLC ("Summit Investments"), the privately held company that owns and controls the general partner of Summit Midstream Partners, LP (NYSE: SMLP) and also owns a 56.7% limited partner interest in SMLP, today provided a commercial update for its wholly owned operating subsidiaries, Meadowlark Midstream Company, LLC ("Meadowlark") and Epping Transmission Company, LLC ("Epping Transco"). Meadowlark is composed of the Divide Crude Oil & Water Gathering System (the "Divide System") and the Polar Crude Oil & Water Gathering System (the "Polar System"), both of which are located in the Bakken Shale Play in North Dakota, and the Niobrara Gathering & Processing System which is located in the Denver-Julesburg Basin in Weld County, CO. Epping Transco is a newly formed subsidiary that will own and operate the Little Muddy Interconnect, described below.To read more or comment...
From Pennsylvania-based PPL on Thursday:
ALLENTOWN, Pa., July 31, 2014 /PRNewswire/ -- PPL Corporation (NYSE: PPL) announced Thursday (7/31) that its Pennsylvania utility, PPL Electric Utilities Corporation, is proposing to build a major new regional transmission line that would make electric service more reliable and enhance the security of the electric grid while reducing the cost of electricity for consumers.To read more or comment...
From American Energy-Permian Basin today:
OKLAHOMA CITY, AUGUST 1, 2014: American Energy – Permian Basin, LLC (AEPB), an affiliate of American Energy Partners, LP (AELP), today announced it has named Jeffrey L. Mobley as the company’s Chief Financial Officer. Mobley, 45, most recently served as Senior Vice President – Major Acquisitions for AELP. Previously he served as Senior Vice President – Investor Relations and Research for Chesapeake Energy Corporation and also worked in Equity Research for Raymond James & Associates and in Investment Banking for Prudential Securities and ABN AMRO. He began his career in the energy sector at Enron Capital & Trade Resources in the Producer Finance and Equity Investments groups. Mobley is a CFA Charterholder and holds a Masters of Business Administration degree from The Wharton School of Business and a Bachelor of Science degree in Agricultural Economics from New Mexico State University.
Additionally, AEPB announced it has hired Kayla D. Baird as Controller and it has named John C. McClendon as Director - Finance. Baird, 43, previously worked for four years for ConocoPhillips, most recently serving as Director of Lower 48 Strategy & Portfolio Management and Reserves Reporting & Compliance. Baird also previously worked for 13 years in public accounting, primarily for Ernst & Young, LLP, auditing large public oil and gas companies. Baird is a Certified Public Accountant and holds a Bachelor of Science degree in Accounting from Langston University.To read more or comment...
From American Energy-Permian Basin today:
OKLAHOMA CITY, AUGUST 1, 2014: American Energy – Permian Basin, LLC (AEPB), an affiliate of American Energy Partners, LP (AELP), announced today that it has closed on its acquisition of approximately 63,000 net acres of leasehold in the southern Permian Basin, primarily in Reagan, Irion and Crockett Counties, Texas and associated gathering assets from affiliates of Denver-based Enduring Resources II, LLC (Enduring) for $2.5 billion. Concurrently, AEPB closed on its offering of $350 million of floating rate senior unsecured notes due 2019, $650 million of 7.125% senior unsecured notes due 2020 and $600 million of 7.375% senior unsecured notes due 2021, which priced on July 16, 2014. A portion of the net proceeds from the senior notes offering was used to consummate the acquisition, while the remaining net proceeds will be used for general corporate purposes.To read more or comment...
From the U.S. Energy Information Administration today:
Aug 1, 2014
Unlike many manufacturing industries, the energy used for the production of metal-based durables (MBD) is mostly electricity and natural gas, rather than other fossil fuels (residual fuel oil, diesel, liquefied petroleum gases, natural gas liquids, and coal) or renewable sources. MBD producers are therefore well-positioned to benefit from energy efficiency programs and the increased availability and lower cost of natural gas.To read more or comment...
From the American Petroleum Institute:
WASHINGTON, July 31, 2014 ─ API welcomed today’s conditional approval by the Department of Energy (DOE) of a facility to export liquefied natural gas (LNG) from Warrenton, Oregon and urged the administration to accelerate the process for other projects.
“Today’s approval is a welcome signal that, despite ongoing delays, the administration continues to work through these important export approvals,” said API Upstream Group Director Erik Milito. “This project could mean billions of dollars in construction and new jobs for the people of Oregon, as well as a major opportunity for exports to spur growth here in the United States.
“As the world’s largest producer of natural gas, we should act now to bolster our allies and send a signal to global markets that America is ready to compete. Our growth as a major energy exporter will blunt the influence of foreign suppliers that dominate other markets and help to protect the stability and independence of our allies. We urge the administration to work with leaders in Congress who have shown they are ready to act, and accelerate this process so that we can grow the economy and strengthen America’s leverage overseas.”
Of over 30 applications, this is the eighth facility to receive conditional DOE approval, three of which have been approved by the Federal Energy Regulatory Commission (FERC).
API is the only national trade association representing all facets of the oil and natural gas industry, which supports 9.8 million U.S. jobs and 8 percent of the U.S. economy. API’s more than 600 members include large integrated companies, as well as exploration and production, refining, marketing, pipeline, and marine businesses, and service and supply firms. They provide most of the nation’s energy and are backed by a growing grassroots movement of more than 20 million Americans.
Ted Auch, Ohio program coordinator for the Frac Tracker Alliance, has looked at drilling impacts at two endangered species: the greater sage grouse and the lesser prairie-chicken.
The two birds are found in Wyoming and Colorado where shale drilling is booming.
Click here to red Auch's story.To read more or comment...
From Battelle and Winner Water Services on Thursday:
Carolyn Kotsol Named President and CEO of Winner Water Services
Battelle engineer brings a wealth of industry experience to joint venture as it opens its first commercial unitTo read more or comment...
From the Environmental Law Institute on Wednesday:
Pennsylvania’s Shale Gas: Examining the Boom and Bust Cycle
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.