Drilling Down
Hilcorp Gets First Drilling Permit for Columbiana
Thursday, August 23, 2012YOUNGSTOWN, Ohio – The Ohio Department of Natural Resources has issued a new horizontal drilling permit to Houston-based Hilcorp Energy Co. to begin oil and gas exploration in Columbiana County.
Hilcorp, a privately owned oil and gas exploration company, was issued a permit Aug. 13 to drill on the Hanover-Mountz property in Hanover Township, records show. It is the 49th well permitted in Columbiana County since 2011, and is the first such well for Hilcorp in the county.
Ohio 'Shaleionaires' Need Advice, Lawyer Says
Wednesday, August 22, 2012CLEVELAND -- You’re a rural landowner in Ohio, living your life and paying your bills, when a landman offers you a small fortune for your mineral rights, plus the possibility of even more money in oil and gas royalties. Thousands of property owners in eastern Ohio have become “shaleionaires” and many have the ironic problem of ensuring their new wealth is a blessing and not a curse.
Logistics Is Day 2 Focus of ‘Young 2012’ Conference
Tuesday, August 21, 2012YOUNGSTOWN, Ohio – The link between logistics and distribution with shale development will be a focus of the “Digging Deeper” breakout sessions Sept. 7 at the Youngstown Ohio Utica & Natural Gas -- Young -- 2012 Conference & Expo.
The Youngstown/Warren Regional Chamber sponsors the conference.
The second annual Young conference runs Sept. 6 and 7, with the main conference and expo Sept. 6 at the Covelli Centre and the “Digging Deeper” sessions the morning of Sept. 7 at the Holiday Inn-Boardman.
Decades-Old Storage Fields Raise New Legal Questions
Monday, August 20, 2012YOUNGSTOWN, Ohio -- Natural gas storage fields beneath tens of thousands of acres in Ohio have become the flash point of the latest legal battle over drilling rights across the state.
At issue is whether landowners within these fields own the deep drilling rights to their land, an especially sensitive issue since major energy companies are stepping up oil and gas exploration in the Utica shale and paying generous bonuses and royalties to residents.
CNG, Rail Key to Shale Industry's Growth
Monday, August 20, 2012YOUNGSTOWN, Ohio -- There's potentially trillions of cubic feet of dry gas, wet gas, and oil trapped in the Utica shale just waiting to be released. Just one question: what to do with it all?
Steve Franckhauser of HbK Energy, Eric Planey, vice president of international business attraction at the Youngstown/Warren Regional Chamber, and Ken Prendergast, executive director of All Aboard Ohio, have some answers as oil and gas giants move into eastern Ohio for a piece of what they believe is the next great energy reserve.