ShaleBlog.com » Ohio Gas

Ohio Injection Well Temporarily Closed

admin — Wed, 04 Jan 2012 21:56:25 +0000

The Ohio Department of Natural Resources has temporarily shut down a waste injection well that is suspected to have triggered earthquakes. The state has nearly 200 other injection wells that have not been associated with seismic activity.

Total Spends $2.32B for Utica Shale Assets

admin — Wed, 04 Jan 2012 01:29:20 +0000

Total has an agreement to purchase a 25% stake in 619,000 acres of Utica Shale in eastern Ohio from Chesapeake Energy for $2.32 billion. That is an average price per acre of $14,991.

Electric Power from the Marcellus and Utica Shales

admin — Fri, 23 Dec 2011 16:57:24 +0000

As environmental regulations hasten the closure of coal-fired power plants American Electric Power plans to build a 1bcf/day pipeline to deliver gas from wells in the Marcellus and Utica Shales.

Marcellus Shale in 2012

admin — Mon, 19 Dec 2011 05:31:54 +0000

An article on the Boston.com website explores possible developments related to the Marcellus Shale in 2012. A new lease environment, geographic shifts in activity, price directions and more.

Refinery for Utica Shale Crude Oil

admin — Wed, 14 Dec 2011 05:08:47 +0000

Marathon Petroleum is preparing to refine oil produced from the Utica Shale of eastern Ohio and western Pennslyvania. The Ohio Department of Natural Resources estimates that the Utica Shale could yield between 1.3 and 5.5 billion barrels of crude.

Local Workers for Natural Gas Drilling?

admin — Sun, 11 Dec 2011 14:00:34 +0000

In many parts of the Marcellus Shale gas play local residents are disappointed to see so many workers from over a thousand miles away getting high-paying jobs while local unemployment rates are very high. Letters similar to this one have been published in newspapers across the area underlain by the Marcellus Shale and other shales that produce natural gas..

Economic Opportunities in the Utica Shale of Eastern Ohio

admin — Thu, 08 Dec 2011 15:52:57 +0000

Josh Mandel, Treasurer of the State of Ohio and Jim Cramer, host of Mad Money discuss some of the economic opportunities in the Utica Shale of eastern Ohio.

Competition for Acreage in the Utica Shale of Ohio

admin — Tue, 06 Dec 2011 05:40:04 +0000

Chesapeake Energy, Exxon Mobil and Hess are all working to acquire acreage in the Utica Shale of eastern Ohio.

Hunting Safely in Natural Gas Country

admin — Mon, 28 Nov 2011 17:24:59 +0000

The Marcellus Shale Coalition website has an article that provides safety advice for people who will be hunting in areas where natural gas drilling is taking place.

States Compete for Natural Gas Drilling?

admin — Tue, 22 Nov 2011 05:48:17 +0000

An article on the PittsburghLive.com website explains how regulations and costs of doing business in neighboring states can stimulate or deter the development of a resource such as natural gas. Not mentioned in the article is how a moratorium on Marcellus Shale drilling moved drilling out of New York and into Pennsylvania.

Tips on Leasing Your Land for Natural Gas Drilling

admin — Tue, 22 Nov 2011 02:09:41 +0000

An article on the Patch.com website includes some valuable advice to people who have an interest in leasing their land for natural gas development.

Utica Shale Gas Boom in Eastern Ohio

admin — Fri, 11 Nov 2011 05:59:53 +0000

Natural gas companies have drilled a number of highly successful wells into the Utica Shale of eastern Ohio. Now, drilling, permitting, and acquisition activity is starting to boom.

$15,000/Acre – Utica Shale Deal

admin — Mon, 07 Nov 2011 16:39:38 +0000

An article on the FuelFix.com website explains how Utica Shale Formation assets in eastern Ohio are being valued at up to $15,000/acre. Just a few years ago landowners were leasing for just $10/acre.

How Natural Gas is Taxed in 19 Different States

admin — Mon, 24 Oct 2011 05:18:21 +0000

The Marshall University Center for Business and Economic Research has prepared: Taxation of Natural Gas: A Comparative Analysis. This publication reviews the many methods of taxing natural gas 19 different states. You might be surprised at how many ways natural gas is being taxed.

Natural Gas Leases in Conflict with Mortgages

admin — Fri, 21 Oct 2011 05:28:02 +0000

Thousands of people across the United States have signed leases that give energy companies the right to drill on their land. However, many of these properties have mortgages that prohibit the property owner from entering into a mineral lease.