Utica

MarkWest in Deal to Buy Ohio Rail System

Major Utica Shale player MarkWest Energy Partners LP is buying a 36-mile railroad after reaching a tentative agreement with the Columbiana County, OH, port authority.

October 7, 2013
McClendon’s American Energy Secures Ohio Partner

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.

October 3, 2013
Antero Gains Approval for IPO

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.

October 3, 2013

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.

October 2, 2013

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.

October 2, 2013
With Utica Boom, Some Changes at Dominion East Ohio

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.

September 30, 2013
Those ‘Other Tcfs’ from Shale Eclipsing Dry Gas Growth

Those ‘Other Tcfs’ from Shale Eclipsing Dry Gas Growth

The benefits of shale gas are undeniable, but those “other Tcfs” — natural gas liquids (NGL) — are transforming the global marketplace and provide tremendous opportunities for the U.S. marketplace, an executive with MarkWest Energy Partners LP said in Philadelphia this week.

September 27, 2013

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).

September 23, 2013

Gulfport Connects Three Utica Wells to Sales Pipelines

One week after revising its estimate for third quarter production, Gulfport Energy Corp. announced Tuesday that it has placed three wells targeting the Utica Shale in Ohio into production by connecting them to sales pipelines.

September 18, 2013

Dominion Farming Out Marcellus Acreage, Creating NatGas Partnership

With its “confidence level” higher than ever, Dominion Resources Inc. is rounding up its Appalachian-driven natural gas assets and forming a partnership that could generate up to $2 billion a year in earnings, CEO Tom Farrell said Thursday. As part of the overall restructuring, about 100,000 acres of the Marcellus Shale holdings in West Virginia will be farmed out.

September 13, 2013