Drilling Down
Gulfport Energy Reports Record Production in 2013
Wednesday, January 08, 2014OKLAHOMA CITY -- Gulfport Energy Inc. said Monday that it achieved record daily production of approximately 27,780 barrels of oil equivalent per day, or BOEPD, as of Dec. 31.
Pennant's Cryogenic Plant Awaits Gas from Area Wells
Tuesday, January 07, 2014NEW MIDDLETOWN, Ohio -- Phase One of a multimillion-dollar cryogenic processing plant in Springfield Township is finished and ready for shipments of natural gas. Now, all that remains is for energy companies to send them that gas from wells they’ve drilled nearby.
"Our next big step is waiting for the producers to increase their drilling programs now that there's a place to process the gas," says Gerald Daugherty, plant manager of the Pennant Midstream LLC processing plant along State Line Road here. "We'll need about 25 million cubic feet to start up and get operating."
'3 Minutes With' Tom Humphries, President/CEO, Regional Chamber
Tuesday, January 07, 2014YOUNGSTOWN, Ohio -- In today's "3 Minutes With,” Tom Humphries, President/CEO of the Youngstown/Warren Regional Chamber, discusses a report issued yesterday by the chamber regarding the impact of shale opportunities on the Mahoning Valley economy, along with the impact of increased productivity on job opportunities and the shift to natural gas as a vehicle fuel.
Regional Chamber: 4K Shale Jobs, $5B in Investment
Monday, January 06, 2014YOUNGSTOWN, Ohio -- The emerging oil and gas industry has created more than 4,000 direct and direct jobs since 2010 in the Mahoning Valley and adjacent areas, and invested more than $5 billion, according to the Youngstown/Warren Regional Chamber.
The chamber announced the numbers in a news release distributed Monday morning.
2 New Wells Slated for Columbiana County
Tuesday, December 31, 2013YOUNGSTOWN, Ohio -- During the week ended Dec. 28, the Ohio Department of Natural Resources issued three new horizontal well permits for oil and gas exploration in eastern Ohio's Utica shale, two of them in Columbiana County, records show.
ODNR awarded all three permits to Chesapeake Exploration LLC, a division of Oklahoma City-based Chesapeake Energy Corp.
Both wells in Columbiana County are pegged for the Pitts farm in Franklin Township, according to ODNR data. A third well is planned for Augusta Township in nearby Carroll County.