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Tag Archives: Utica shale

Access Midstream plans to expand Utica Shale pipelines, processing

access

By Stephanie Ritenbaugh / Pittsburgh Post-Gazette Access Midstream Partners is planning to expand its Utica East Ohio (UEO) midstream service complex in eastern Ohio. The project is expected to increase UEO’s total capacity to 1 billion cubic feet per day (bcf/d) and allow for a processing capacity of more than 1.1 bcf/d, the Oklahoma City-based company said Monday. Additional capacity ...

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Gulfport Energy takes hit after company downgrades Utica shale production outlook for 2014

gulfport

Gulfport Energy Corp., the No. 2 player in Ohio’s Utica shale, took a major stock hit on Thursday after company officials lowered its 2014 production outlook and reported weaker earnings for the quarter. Shares closed up Wednesday at $73.04, a 36.4 percent increase over the last year, but fell 18.7 percent to $59.38 Thursday after the announcement. The Oklahoma-based energy ...

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Ohio gains $18.7 billion in shale investment

YOUNGSTOWN– The Utica Shale play has brought $18.7 billion in investments to Ohio, and the Mahoning Valley certainly has received its share of the wealth. That’s according to the most recent accounting of the Columbus-based law firm Bricker & Eckler LLP, which has been tracking shale-related infrastructure and development projects since early 2013. In total, 105 projects are underway or ...

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BP pulling back from Utica shale in Valley

BP

The Youngstown Vindicator Disappointing well results have prompted BP to announce this morning that it will pull out of the Utica Shale and take a $521 million write-off on its acreage in Trumbull County, the company said in its quarterly earnings report. BP said it plans to sell its approximately 100,000 leased acres in Trumbull County and the surrounding area. ...

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Study: New York’s gas isn’t worth it

astoria

Shane Thielges|Shale Plays Media The energy debate in America has settled pretty comfortably into a question of regulation. How much unrestricted ability should companies be given to keep reaping massive rewards? How much protection should be afforded to areas of wilderness? This question, however, has some big assumptions built into it – significantly, that natural gas or oil drilling is, ...

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Marcellus operators looking for space underground

brine injenction well

By Laura Legere / Pittsburgh Post-Gazette Federal regulators have issued four permits for oil and gas wastewater disposal wells in Pennsylvania in the past six months, and those are unlikely to be the last. Industry groups and researchers are renewing their efforts to find sites in the state where the salt- and metals-laden waste fluids produced from ever more shale ...

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Texas company enlarging effort to tap oil from Ohio’s Utica shale

Utica shale

A Texas-based company is expanding a new initiative to get oil from Ohio’s Utica shale. The EnerVest Ltd. companies have won approval from the Ohio Department of Natural Resources to drill two wells near Uhrichsville in southern Tuscarawas County. Those two wells, both in Clay Township, are part of a growing effort to tap what’s called volatile oil from the ...

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Canada company looks to tap more of region’s shales

Nova Chemicals

After expanding its petrochemical facility in Sarnia, Ontario, late last year to use Marcellus Shale ethane, Nova Chemicals is now looking at a second expansion that will use more Marcellus and Utica shale production to feed its growing operations. The company plans to spend between $250 million and $400 million to expand its capacity 20 percent by 2018. The project ...

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