Home / Tag Archives: utica

Tag Archives: utica

Plant plans get redesign

COLUMBUS — Advances at a pilot plant have been incorporated into the design of the proposed Ashtabula Energy industrial processing plant, slated to be built on Route 531 in Ashtabula Township. Ashtabula Energy, a division of Velocys, a United Kingdom technology innovator for smaller scale gas-to-liquids, built its first commercial facility in Oklahoma City; the Ashtabula plant will be its ...

Read More »

Gas drillers to wait and see on Utica shale’s promise

utica

Big results from recently drilled Utica shale wells have several Marcellus producers eyeing a possible push into the deeper rock, though not every driller is sold on its promise. Executives at Downtown-based EQT Corp. and Consol Energy Inc. in Cecil spent a chunk of time during quarterly earnings calls in the past two weeks discussing the potential of the layer, ...

Read More »

Shale gas production drives increased market demand for propane, butane, and ethane product analysis

HOUSTON (Oct. 15, 2015) – Inspectorate, leaders in testing and inspection for the oil and gas industry, is expanding its Liquefied Petroleum Gas (LPG) testing capabilities in North America to meet an increasing market demand for the analysis of propane, butane and other LPG products developed in areas where prominent crude supply and natural gas streams exist. The Marcellus and ...

Read More »

Ohio, W.Va., Pennsylvania combine efforts on gas drilling

COLUMBUS, Ohio (AP) — Ohio, West Virginia and Pennsylvania have agreed to cooperate — rather than compete — in attracting shale-gas development and jobs to their region over the next three years. The states signed an agreement Tuesday during the Tri-State Shale Summit in Morgantown, West Virginia. They agreed to coordinate marketing efforts, workforce development, investment strategies and academic research ...

Read More »

Study: O&G not a threat to Marcellus and Utica water quality

For people living near oil and gas development in the Marcellus and Utica formations, the safety and quality of their drinking water is understandably a major concern. Though some residents may worry about oil, gas and their byproducts contaminating groundwater, Applied Geochemistry recently released a study that may comfort neighbors of the oil and gas industry. Energy InDepth reports the ...

Read More »

How sound are Pennsylvania’s oil and gas wells?

Hundreds of oil and gas well owners failed to submit required reports this year that are meant to document whether Pennsylvania’s active wells are structurally sound or showing signs of leaks and decay. The roughly 450 well owners who were sent violation notices for the missing reports by the Department of Environmental Protection represent a small fraction of the roughly ...

Read More »

Hess production grows, profit shrinks

Hess Corp.’s overall production in the second quarter increased by 23 percent to 391,000 barrels of oil equivalent per day (boe/d), thanks in part to the company’s substantial assets in the Bakken, reports Natural Gas Intelligence (NGI). During a conference call on Wednesday addressing quarterly results, Hess CEO John Hess said operations were affected by high expenses and low oil ...

Read More »

Hess experiments with tighter well spacing

Hess Corp.’s second quarter 2015 production saw about an 11,000 barrels-per-day increase over the first quarter and the company says the rise is due in part to bringing on a high number of new wells. President and Chief Operating Officer Gregory Hill told analysts on July 29 that Hess only wants about 25 to 30 wells at any given moment ...

Read More »

Consol warns of losses due to natural gas glut

The low gas and coal prices that prompted layoffs and other recent cost-cutting moves at Consol Energy Inc. are eating into profits. The Cecil-based company warned early Monday it expects to report an operational loss when it announces financial results from the second quarter next week and will write down the value of some of its shallow oil and natural ...

Read More »

EIA productivity report: Is it all downhill from here?

Although the U.S. shale revolution has maintained impressive momentum over the course of the last year, depressed oil prices have taken their toll. The Energy Information Administration released its monthly drilling productivity report this week, and it has confirmed what many industry experts saw coming. With the exception of the Permian Basin, the U.S. has seen a drop in oil ...

Read More »