Unconventional natural gas production in Ohio exceeded 2 Tcf for the first time last year, as volumes set another record in the fourth quarter, according to new state data.
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Encino Dividing Focus Evenly Among Wet, Dry Natural Gas in Ohio’s Utica
Houston-based Encino Energy LLC last month took over drilling and completion operations on a massive Utica Shale position in Ohio that it acquired late last year in a $2 billion deal from the play’s pioneer Chesapeake Energy Corp., with plans for steady growth in the state as it works to make the assets its own.
Encino Plans ‘Big Role’ in Ohio as Work Begins on New Utica Portfolio
Houston-based Encino Energy LLC last month took over drilling and completion operations on a massive Utica Shale position in Ohio that it acquired late last year in a $2 billion deal from the play’s pioneer Chesapeake Energy Corp., with plans for steady growth in the state as it works to make the assets its own.
FERC Releases EA Schedule for Buckeye XPress Natural Gas Project
FERC staff expects to issue an environmental assessment (EA) next month for Columbia Gas Transmission LLC’s (TCO) proposed Buckeye XPress Project in Ohio and West Virginia, which would add another 275 MMcf/d of natural gas capacity to the interstate pipeline system.
Briefs — XTO Fine
Blue Ridge Mountain Resources Inc. stockholders have approved the company’s merger with Eclipse Resources Corp., clearing one of the last hurdles for the combination. The deal has already been approved by boths boards and Eclipse’s stockholders. Once the transaction is completed, which is expected in the last week of February, the new company is to be renamed Montage Resources Corp. and trade on the New York Stock Exchange under the symbol “MR.” The new company would have a 227,000 net acre position in Ohio, Pennsylvania and West Virginia, and produce about 560 MMcfe/d.
Ohio Ethane Cracker Clears Final Regulatory Hurdles
What would be the Appalachian Basin’s second multi-billion dollar ethane cracker has finally secured all the major regulatory approvals needed to move forward after the Ohio Environmental Protection Agency (OEPA) completed its environmental review and issued the project’s final permits as 2018 came to an end.
Brief — Ohio Energy Terminal
The U.S Department of Transportation has awarded a $20 million grant for railroad and pipeline improvements at the Long Ridge Energy Terminal in Monroe County, OH. The transloading facility, owned by Fortress Transportation and Infrastructure Investors LLC, serves Utica Shale producers. The project would expand pipeline-to-rail transloading, add truck racks with unloading bays, ladder tracks connecting to a recently constructed loop track, and rail loading arms. Long Ridge operates natural gas liquids storage and transloading, and frac sand transloading at the facility. Sen. Sherrod Brown (D-OH) said the funding would give the region’s energy exports, including natural gas, better access to global markets.
Ohio May Expand Emissions Rules for Unconventional Oil, Natural Gas Ops
The Ohio Environmental Protection Agency (OEPA) is seeking input on potential rules that would expand air emissions rules for both existing and new unconventional oil and gas facilities that aren’t already covered by general permits for midstream and upstream equipment.
Appalachian Natural Gas Industry Hopeful After Midterm Elections
While very little changed politically across the Appalachian Basin’s key oil and natural gas producing states, the industry sees both opportunities and challenges after the midterm elections as Democrats and Republicans step into new roles throughout the region.
Natural Gas Prices Climb for Cabot as Atlantic Sunrise Unlocks 1.05 Bcf/d
Cabot Oil & Gas Corp. on Friday joined other Appalachian operators in a chorus of praise for the takeaway capacity that has come online throughout the basin this year, which has helped to lift prices that have long been restrained.