Construction of what would be one of Ohio’s largest natural gas-fired power plants has started in the heart of the Utica Shale, despite nuclear power subsidies set to take effect next year that have derailed other projects.
Articles from Guernsey
Tallgrass Energy Partners LP (TEP) is looking to add a 120 MMcf/d processing train to its Douglass natural gas processing plant in Wyoming in anticipation of growth the midstream operator is expecting in the Powder River Basin (PRB), COO Bill Moler said Thursday.
Those keeping a close eye on a six-county region in Southeast Ohio where drilling in a liquids-rich area of the Utica Shale has steadily increased recently got a bit more good news when Carrizo Oil and Gas Inc. announced the first results at its Rector 1H well in Guernsey County, located in the center of the drilling rush.
PDC Energy Inc. has signed a midstream services agreement with MarkWest Utica EMG LLC and plans to nearly double its capital expenditures (capex) in the Utica Shale for 2013 while also increasing its estimated net production.
Hess Corp. won’t sell its unconventional assets in the Bakken, Eagle Ford and Utica shale plays, but it is looking at proposals from a hedge fund that wants a larger stake in the company, Hess officials said during a 4Q2012 earnings call on Wednesday.
DTE Energy, Enbridge Inc. and Spectra Energy Corp. have agreed to develop the NEXUS Gas Transmission (NGT) system to move growing supplies of Ohio Utica shale gas to markets in the U.S. Midwest, including Ohio, Michigan, and Ontario, Canada.
PDC Mountaineer (PDCM), a joint venture of Petroleum Development Corp. and Lime Rock Partners V LP, will pay $152.5 million to National Grid plc for Seneca-Upshur LLC, including the rights to an estimated 90,000 net acres in the Marcellus Shale in north central West Virginia, the company said Monday. Closing is scheduled for Monday (Oct. 3), with an effective date of July 1, 2011.