1. The Rolling Hills Board of Education in Ohio's Guernsey County is seeking to finalize a lease with an energy company for district-owned land.
The lease will be with Pennsylvania-based Eclipse Resources.
The proposed lease will cover about 220 acres and the district stands to gain $1.1 million in leasing bonuses plus royalties for any gas, oil or gas liquids produced.
Title searches must still be conducted to confirm that the district owns the mineral rights on its property.
2. Caterpillar (also known as CAT) says it intends to produce equipment powered by natural gas, according to the Marcellus Drilling News.
Here is that report:
"Caterpillar announced its intentions to go ‘all-in’ on natural gas and produce more natural gas-fueled equipment and engines for a variety of applications.
"In a keynote at the inaugural Natural Gas for High Horsepower Applications (HHP) Summit held last week in Houston, Joel Feucht, Caterpillar’s director of gas engine strategy for the energy and power systems businesses, said “We have decided to go all-in on gas. We are going to invest because we see a global market long term. Large engines are going gas. It’s not debatable; it’s our conclusion.”
"Feucht’s remarks confirmed that Caterpillar will provide natural gas fuel as an option for engines across its many high horsepower lines for marine, rail, mining, earthmoving and drilling operations. The company recently announced its first expected liquefied natural gas (LNG)-powered product will likely include Cat 793, 795 and 797 mining trucks, and locomotives produced by Electro-Motive Diesel (EMD), a unit of Caterpillar’s Progress Rail Services.
"“He added, `There is huge economic incentive to move to natural gas, noting that the price of oil and gas are going to stay disconnected for the foreseeable future'.*
3. A Michigan-based drilling company reports that it has found oil on a farm in Clark County in southwest Ohio.
West Bay Exploration reportedly struck oil on farm in Pike Township.
It is now seeking additional leases in the area, the Springfield News Sun reports.
The well is in the Eu Claire formation and the Knox dolomite, not Ohio's Utica shale where drilling is booming.
The rock is about 2,300 feet below the surface.
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.