Halcon Field Services, a unit of Halcon Resources Corp., is proposing to build a storage and rail-loading terminal for Utica Shale oil at the Ohio Commerce Center industrial rail park in the village of Lordstown, in Trumbull County, OH. Plans call for four bay truck racks, a 20-rail car loading platform, and six 90,000 bbl storage tanks. The $50-$60 million project is to be completed in three phases, with the first phase expected to go into service by the end of this year. A zoning variance was recently approved to allow construction to begin.
Articles from Proposing
Alaska Taking Public Comments on Proposed Frack Rules
Regulators in Alaska are proposing a comprehensive set of rules to govern hydraulic fracturing (fracking) in the state, and will accept public comments on the proposals through early February, when a public hearing is also scheduled.
The Railroad Commission of Texas (RRC) is proposing to amend its rules relating to water protection to allow for a wider variety of recycling activities. The existing rules contemplate two categories of commercial recycling facilities: mobile and stationary. Since adoption of the rules in 2006, RRC has received an increasing number of applications for permits for facilities that fit neither category. Therefore, RRC proposed to create a third category: a semi-mobile commercial recycling facility. It proposes to authorize on-lease, non-commercial recycling of produced water and/or hydraulic fracturing (fracking) flowback fluid, and to clarify requirements for off-lease or centralized noncommercial recycling of produced water and/or fracking flowback fluid. It also proposes to amend the definition of “fresh makeup water pit” to allow use of such a pit in conjunction with fracking of an oil or gas well for the storage of fresh water or treated fracking flowback fluid used to make up fracking fluid for use in a new well. The changes are intended to reduce the demand for fresh water for fracking. The proposal was recently published in the Texas Register.
President Threatens Veto of GOP Offshore Leasing Bill
President Obama Monday signaled that he would veto a House Republican bill proposing an expansion of federal lease sales during 2012-2017 if the legislation should make it to his desk.
CFTC Seeks to Define Elusive High-Frequency Traders
The Commodity Futures Trading Commission (CFTC) last week took a major step forward to regulate high-frequency trading (HFT) by proposing a definition for the term, which so far has proved to be elusive.
Texas Eastern Proposes Eagle Ford-Mexico Connection
Spectra Energy’s Texas Eastern Transmission LP is proposing a pipeline expansion project to carry natural gas produced in the Eagle Ford Shale of South Texas across the Mexican border.
CFTC Seeks Better Grasp of Elusive High-Frequency Traders
The Commodity Futures Trading Commission (CFTC) took a major step forward Wednesday in the regulation of high-frequency trading (HFT) by proposing a definition for the term that has proved to be elusive.
South Carolina Republicans Propose Drilling Off State Coastline
South Carolina political leaders are looking to the offshore for revenues from oil and natural gas drilling, proposing bills in the U.S. Senate and House to allow state officials to approve leasing off the South Carolina shore.
PA Bill Would Require Real-Time Well, Pipeline Monitoring
A Pennsylvania lawmaker is proposing legislation that would require real-time monitoring of all natural gas wells and pipelines in the state.
Ohio Proposing Higher Taxes, Tougher Regulations
Ohio Gov. John Kasich is proposing to “modernize” taxes and regulations on the oil and gas industry, aiming to cut income taxes by capturing revenue from the prospective Utica Shale boom.