ohio

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.

Oil production in Ohio last year likely surpassed the state’s all-time record set in 1896 if estimates included in the Ohio Oil and Gas Association’s (OOGA) annual Debrosse Memorial Report prove accurate.

Unconventional natural gas production in Ohio and Pennsylvania again posted gains last year, but the annual growth rate in both states slowed as operators have cut budgets amid a slide in commodity prices.

Unconventional natural gas production in Ohio and Pennsylvania again posted gains last year, but the annual growth rate in both states slowed as operators have cut budgets amid a slide in commodity prices.

The Ohio Supreme Court provided a glimmer of hope last week for opponents of state House Bill (HB) 6, which mandates $150 million in annual subsidies over seven years for two nuclear power plants in the state, and is therefore seen as a threat to natural gas-fired power generation.

The Ohio Supreme Court provided a glimmer of hope on Tuesday for opponents of state House Bill (HB) 6, which mandates $150 million in annual subsidies over seven years for two nuclear power plants in the state.