Drilling Down

Shell Closes Deal to Buy Site for Cracker Plant

MONACA, Pa. – Shell Chemical has closed on a deal to purchase 1,000 acres in Beaver County along the Ohio River intended for a multi-billion dollar ethane cracker plant. However, the energy giant has not made a final decision on whether it will move forward with the project. “We will make our decision when our […]

US Says Utica Production Up, Other Plays Down

WASHINGTON — The U.S. Energy Information Agency says the Utica shale remains one of the most productive oil and gas plays in the United States in an overall declining market. According to the agency’s drilling productivity report for June, the Utica continues to increase production of natural gas while all other plays in the country […]

Youngstown VAM Plant Now In Production

YOUNGSTOWN, Ohio – An $81.6 million pipe-threading plant owned by a subsidiary of Paris-based Vallourec is now into its second month of production, the company says. VAM USA LLC announced that the new plant started production of its premium pipe connectors for commercial sale in early May. The plant produces premium-threaded pipe from a renovated […]

ODNR Issues 7 New Utica Well Permits

YOUNGSTOWN, Ohio – Oil and gas exploration and permitting activity in eastern Ohio’s Utica shale remains slow, according to the latest data from the Ohio Department of Natural Resources. ODNR issued just seven permits for new horizontal wells for the week ended June 6. All of the permits are concentrated in the play’s southern tier. […]

Gulfport Pays $407M for American Energy’s Utica Acreage

OKLAHOMA CITY – Gulfport Energy Corp. has acquired 35,325 leasehold acres and other assets in Ohio’s Utica shale from American Energy – Utica LLC, a subsidiary of American Energy Partners, for approximately $407 million. Gulfport purchased 6,198 acres in Belmont and Jefferson counties for $68.2 million and another 27,228 acres in Monroe County for $319 […]

Energy Transfer Partners to Invest $1.5B in Western Pa.

DALLAS – Energy Transfer Partners L. P. said Monday that it would spend about $1.5 billion to build a natural gas liquids processing system that would include the construction of new cryogenic plant in western Pennsylvania. The company did not disclose the precise location for the plant but did specify that it would build 100 […]


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