ohio

A bill qualifying natural gas as green energy and allowing state agencies to lease land to develop oil and gas has passed the Ohio legislature and was awaiting a signature from Republican Gov. Mike DeWine.  Under current Ohio law, state agencies are not automatically required to lease land for oil and gas exploration and production…

Equinor ASA’s natural gas production in the Appalachian Basin of Ohio has been certified as responsibly developed by Equitable Origin (EO). About 135 MMcf/d is actively produced by Equinor US in Monroe County. The third-party review covered Equinor’s “entire U.S. onshore natural gas production, encompassing 51 producing wells on 13 well pads at the time…

Fighting the narrative that natural gas is part of the problem, U.S. Rep. Troy Balderson (R-OH) last week introduced a resolution calling for the recognition of domestic natural gas as a green and clean energy source.  “It’s green. It’s clean. And it’s abundant right under our feet, right here in Ohio,”  Balderson said.  Balderson, speaking…

Ohio oil and natural gas operators produced 15 times more natural gas in 2018 than in 1990 while slashing carbon dioxide emissions by 37.3 million metric tons, according to the Ohio Oil and Gas Association’s (OOGA) first Community Impact and Sustainability Report  OOGA surveyed its member companies on environmental stewardship, community engagement and energy education…

Ohio’s oil and natural gas production dropped last year as operators shut in volumes and curbed activity amid the Covid-19 pandemic, according to the Ohio Oil and Gas Association’s (OOGA) annual Debrosse Memorial Report.   Natural gas production fell by 10% year/year to 2.4 Tcf in 2020, according to estimates included in the report. Oil production…

The U.S. natural gas rig count rose two units to finish at 101 during the week ended Friday, a week that also saw a notable uptick in drilling activity in the Gulf of Mexico (GOM), according to updated data from oilfield services provider Baker Hughes Co. (BKR). Drilling gains in the United States for the…

Plans for an underground natural gas liquids (NGL) storage facility in Ohio seen as key to the region’s petrochemical build-out have moved another step closer to reality as the backer of a multi-billion dollar ethane cracker has signed a preliminary agreement to further its development.   Energy Storage Ventures LLC (ESV) and an affiliate of Thailand’s…

Appalachian pure-play Montage Resources Corp. has agreed to sell noncore natural gas gathering assets in Ohio’s Utica Shale to an undisclosed company for $25 million.  Montage said an international company agreed to purchase the infrastructure, which is in a condensate development area. The transaction is expected to close in 4Q2020. Proceeds would be used to…

Diversified Gas & Oil plc said this week that it has extended its asset retirement agreement with Ohio regulators and agreed to plug more wells each year.