An analysis conducted by Ernst & Young LLP (EY) on behalf of a trade group representing top executives from Ohio’s leading businesses has concluded that a proposed severance tax increase would leave its effective rate the lowest among the nation’s leading oil and gas producing states.
ohio
Articles from ohio
Youngstown’s Third Anti-Fracking Referendum a ‘Jobs Killer,’ City Officials Warn
Calling a grassroots effort to ban hydraulic fracturing (fracking) within the city of Youngstown, OH, for the third time in 18 months a "jobs killer" affecting the whole region, officials on Thursday implored the public to again vote against the measure when they head to the polls next month.
Utica’s Next Frontier Moving to West Virginia, Pennsylvania
With the Utica Shale making a reputation for itself in Ohio after a series of eye-opening well results, and with technology pushing drilling efficiencies to new heights, the formation is poised to become the next horizon of development in West Virginia and Pennsylvania.
Oil and Gas a Back-Burner Issue in Ohio Governor’s Race
A controversy involving the Ohio Department of Natural Resources (ODNR) and Republican Gov. John Kasich’s administration that has been unfolding for much of the last month has shed new light on oil and gas development in the state and its role in the gubernatorial campaign.
Regulator Stations KO’d Gas Service to Thousands in Ohio Last Month
Pipeline executives told the Public Utilities Commission of Ohio (PUCO) on Wednesday that a loss of pressure at two regulator stations caused nearly 3,600 customers to temporarily lose natural gas service during two record cold spells brought on by the polar vortex last month.
Ohio GOP Calls for Slightly Higher Severance Tax Rate
Republicans in the Ohio House of Representatives have revised an oil and natural gas severance tax proposal and are calling for a slightly higher rate, which many believe may have a better chance of passing the Democratic-controlled state senate.
Gulfport Continues Adding Ohio Acreage
Gulfport Energy Corp. continues to bolster its acreage position in the Utica Shale of southeast Ohio, inking a deal last week that will find it paying $478,500 in signing bonuses and 20% of production royalties to a small village along the Ohio River.
GreenHunter Awaits OK of West Virginia Treatment Facility as Appalachian Water Use Rises
GreenHunter Water LLC’s $1.7 million water treatment, recycling and condensate handling logistics terminal in Wheeling, WV, remains in limbo nearly one year after the company announced the project.
Texas Eastern Files for Marcellus/Utica-to-Gulf Coast Project
Spectra Energy Partners’ Texas Eastern Transmission LP is seeking FERC authorization for a project to create 550,000 Dth/d of takeaway capacity out of the Marcellus and Utica shales for delivery at points along its Gulf Coast system.
Chesapeake Leads Pack of Shippers on Ohio-to-Gulf Coast Project
A quartet of Marcellus and Utica shale producers has signed up for all of the capacity — 550,000 Dth/d — on what would be a new pipeline route out of Ohio to the Gulf Coast.