News Posts

News

  • API Releases 50-State Analysis of Natural Gas Benefits

    July 13, 2017

    Farm and Dairy. In 2015, natural gas supported more than 4 million jobs across the country, from production to end uses like manufacturing. That number is expected to rise to 6 million jobs by 2040. That’s according to a new study, released June 27, by the American Petroleum Institute, a natio [...]

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  • Local Officials Miffed at Ohio Legislature’s Appropriation of Funds

    July 12, 2017

    Steubenville WTOV 9 NBC. Earlier this week, the Ohio legislature removed $15 million from the Oil and Gas Severance Fund to pay for a lawsuit settlement with landowners near Grand Lake St. Mary's in Northwestern Ohio. It's a decision that left local, elected officials outraged. "For the state [...]

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  • Ohio Ethane Cracker Plant Closer to Reality on Former FirstEnergy Property

    July 12, 2017

    Cleveland Plain Dealer. The Thai petrochemical company considering Southeast Ohio as the future site of $6 billion ethane "cracker" plant has bought a portion of the land it will need. PTT Global Chemical America has paid FirstEnergy Corp $13.8 million for a 168-acre parcel overlooking the Ohio [...]

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  • Utica Shale Well Activity as of July 8

    July 12, 2017

    Canton Repository. UTICA SHALE WELL ACTIVITY AS OF JULY 8 DRILLED: 277 (273 as of last week) DRILLING: 176 (179) PERMITTED: 504 (501) PRODUCING: 1,587 (1,587) TOTAL: 2,544 (2,540)   Two horizontal permits were issued during the week that ended July 8, and 25 rigs were op [...]

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  • Cera Objects to Use of Oil, Gas Fund Out of Area

    July 12, 2017

     Steubenville Herald Star. State Rep. Jack Cera, D-Bellaire, has objected to a Kasich administration plan to pay off a Grand Lake St. Mary’s landowners’ lawsuit against the state using severance tax revenue from the Ohio Department of Natural Resources oil and gas fund. Cera said the Republ [...]

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  • State Criticized for Shifting Millions from Oil and Gas Fund to Settle Unrelated Lawsuit

    July 12, 2017

    Alliance Review. With three legislators objecting to the "raid," a state board on Monday approved appropriating $15 million from an oil and gas fund designated by law to protect Ohioans and the environment, to be used to pay a settlement of an unrelated lawsuit. The Controlling Board voted 4-3 t [...]

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