A report released earlier this month that details activity in Ohio’s Utica Shale play underscores the rapid rate at which midstream companies are working to catch-up with exploration and production companies that have a backlog of wells shut-in and waiting to come online.
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Antero Gains Approval for IPO
Appalachian heavyweight Antero Resources LLC has opened its doors to public investment after gaining approval to launch an initial public offering (IPO) of 30 million shares, or more, of common stock.
McClendon’s American Energy Secures Ohio Partner
Aubrey McClendon’s American Energy Partners LLC is gearing up to test Utica Shale deposits in Guernsey and Harrison counties, a new partner said Tuesday.
More NGL Takeaway Planned in Ohio
A 12-inch diameter, 38-mile natural gas liquids (NGL) pipeline to be built in a portion of Ohio’s Utica Shale would be capable of delivering 90,000 b/d, Pennant Midstream LLC said Monday.
EVEP CEO Hints at ‘Several Other Opportunities’ in the Utica
EV Energy Partners LP (EVEP) is working on “several other opportunities” in the Utica Shale, where it is continuing a dual strategy of offering its wet gas acreage for sale while also looking for joint venture (JV) partners to help de-risk the play’s oil window.
With Utica Boom, Some Changes at Dominion East Ohio
As natural gas production steadily increases in the Utica Shale and a new joint venture (JV) emerges to handle midstream services, the business model for Dominion East Ohio (DEO), whose operations run through the heart of the shale play, is forecast to change in some areas, but not in others.
Battelle Studying Geology, Operations at Injection Wells
As drilling increases in the Marcellus and Utica shales, researchers from the Battelle Memorial Institute are studying the geology and operations of wastewater injection wells in four states, with the hope that the data collected will ensure that future wells are drilled in safe locations.
Ohio Lawmakers Back Tax Credits for Bi-Fuel Vehicles, Conversions
Two state lawmakers in Ohio, home of the Utica Shale play, are preparing legislation that would offer tax credits for five years for converting cars and trucks powered by gasoline or diesel fuel into bi-fuel vehicles, and for purchasing vehicles powered by gaseous fuels, including propane and compressed natural gas (CNG).
Ohio Aggregator Taps Marcellus for Lower-Cost Gas
A nonprofit energy aggregator that supplies natural gas to more than 250,000 customers in Northeast Ohio has signed a six-year contract to purchase gas produced from the Marcellus and Utica shales.
Researcher Links Ohio Injection Well to Nearly 100 Small Quakes
Nearly 100 small earthquakes that hit northeast Ohio throughout 2011 and into early 2012 were triggered by a now-shuttered wastewater disposal well in Youngstown, according to a Columbia University researcher.