Tag: oil and gas
U.S. ethane production to increase through 2018
U.S. production of ethane is expected to increase from an average of 1.25 million barrels per day in 2016 to 1.7 million bpd in 2018.
Online BLM oil and gas lease sale scheduled March 23
The online auction will begin at 8 a.m. on the EnergyNet site, www.EnergyNet.com. Each parcel will have its own unique open bidding period.
Managing fluids used in shale wells
Penn State University’s Marcellus center reports between 5 and 25 percent of the cost to drill and develop a shale well is in managing the fluids.
Ohio couple files arbitration complaint against Chesapeake Energy over unpaid royalties
A complaint, filed by Ronald and Joetta Hale, of Lisbon, Ohio, alleges Chesapeake Energy Corp. and others have underpaid oil and gas royalties to the tune of $9 million.
Coal mine proposal rejected due to safety concerns
Field tests showed that subsidence-related deformation could occur if a support pillar is not suitably sized.
Natural gas prices lowest in almost 20 years
Natural gas spot prices in 2016 averaged $2.49 per million British thermal units (MMBtu) at the national benchmark Henry Hub, the lowest annual average price since 1999.
Farm and Dairy’s top 10 stories of 2016
The Farm and Dairy staff selected the top 10 stories to impact its readership in 2016.
Eclipse sells undeveloped acres in Ohio
Eclipse Resources Corporation announced it completed the sale of about 9,900 acres in eastern Noble County and western Monroe County, Ohio, on Dec. 19.
Ohio’s Utica shale gas production up, oil down
During the third quarter of 2016, Ohio’s horizontal shale wells produced 45 percent more natural gas than in the same period in 2015.
Oil wells drilled horizontally are highest producing
Although modern horizontal drilling achieved commercial success in the 1980s, drilling techniques have improved, and in recent years, horizontal drilling has become more common.
