The Biden administration is planning to invest $660 million to clean up orphaned natural gas and oil wells, with most of the funds earmarked for the energy producing states of Ohio, Pennsylvania and Texas. The goal is for the states to receive “economic growth and revitalization,” Department of Interior (DOI) officials said. The program would…
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Ohio’s Natural Gas, Oil Property Taxes Lifting State Coffers
Natural gas and oil operations in eight Ohio counties alone provided $364 million in property taxes between 2010 and 2021, with taxes in 2020 and 2021 reaching record highs. Ohio’s top ranking counties for property tax generation in 2021, the most recent year for data, were Belmont ($17.26 million), Jefferson ($11.19 million) and Monroe ($10.63…

Ohio Slaps ‘Green’ Label on Natural Gas as ‘An Opinion Statement,’ Says Governor
Natural gas is officially labeled “green” in Ohio after Gov. Mike DeWine last month signed House Bill (HB) 507 into law, though the green stamp may not carry much legislative weight for funding or regulations, according to the governor’s office. HB 507 passed the Ohio Senate in December, with the primary goal of ensuring state…

Ohio Law Labels Natural Gas ‘Green,’ but What Does It Mean?
Natural gas is officially labeled “green” in Ohio after Gov. Mike DeWine earlier this month signed House Bill (HB) 507 into law, though the green stamp may not carry much legislative weight for funding or regulations, according to the governor’s office. HB 507 passed the Ohio Senate last month, with the primary goal of ensuring…

Ohio Legislature Opens Door for E&P on State Lands, Stamps ‘Green Energy’ Label on Natural Gas
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’s Ohio Natural Gas Output Certified; Ascent Monitoring Methane
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…

Ohio Congressman Calls Natural Gas a Solution to Energy Crisis
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 Gas Association Details Utica Players’ ESG Achievements in Inaugural Report
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 Oil and Gas Production Saw Steep Declines During Pandemic
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…

U.S. Natural Gas Rig Count Up Two as GOM Activity Rises
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…