Anne Carto's Blog – February 2013 Archive (17)

Electrical Workers See No Shortage in Work Thanks to Shale Development

Communities and companies around the Mahoning Valley are seeing an upswing in electrical work as a result of shale development.  The two locals, the International Brotherhood of Electrical Workers (IBEW) and VEC Inc., are taking advantage of the new infrastructure construction projects for oil and gas development.

Projects like…

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Added by Anne Carto on February 28, 2013 at 5:08am — No Comments

Out of State Activists Disrupt Business

A group of environmental extremists stormed the New Matamoras UIC storage site for GreenHunter Water, disrupting business and terrorizing the staff while a fellow activist erected a pole, anchored by a brine truck and a fence, climbed to the top and refused to come down.

If this scenario sounds familiar, it is because Energy In Depth covered their initial training previously in…

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Added by Anne Carto on February 27, 2013 at 6:34am — No Comments

Shale Development Bringing Investment Across Ohio River Valley

Communities across Appalachia are seeing new jobs and incredible investment stemming from a new influx of oil and natural gas related operations. As  the development of the Marcellus and Utica/Point Pleasant Shale formations continues to expand,  new projects –  like the recently announced processing and polyethylene manufacturing plants – are coming online to create marketable products from the incredible amount of natural gas being produced in the region.

In Ohio, the construction…

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Added by Anne Carto on February 26, 2013 at 7:50am — No Comments

The State of the State is Strong Thanks to the Utica Shale

"While Governor Kasich is set to give his 2012 State of the State address in Lima, Ohio, which is coincidentally home to a large refinery that could benefit from increased Utica Shale/Point Pleasant production, the Columbus Dispatch wrote an…

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Added by Anne Carto on February 25, 2013 at 5:08am — No Comments

As Ohio Takes Flight Brunswick’s Future Becomes Cloudy

Sometimes, consequences become very clear.  Nowhere is that more evident than in Brunswick, Ohio.  Just days after Governor Kasich declared “jobs are our greatest moral purpose” and noted that Ohio is leading the Midwest in job creation thanks, in large, part to  the continued development of the Utica Shale, it appears this newfound prosperity could be limited in Brunswick due to a…

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Added by Anne Carto on February 22, 2013 at 5:19am — No Comments

Daily Jeffersonian OpEd: What is really going on in Ohio?

Ohio Oil & Gas Energy Education Program Executive Director and EID partner Rhonda Reda writes for the Daily Jeffersonian:

"In late 2011, the Ohio Oil and Gas Energy Education Program (OOGEEP) released the Ohio Oil and Gas Industry Economic Impact Study. The Study, conducted by Kleinhenz & Associates, recognized the significant impact of both the current oil and gas industry, as well as the economic and job potential of the Utica-Point Pleasant Shale formation. The report was…

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Added by Anne Carto on February 21, 2013 at 4:11am — No Comments

Banks Bullish On Utica

EID's Shawn:

"Banks are becoming the newest industry forecasting the significant, positive impact that Utica Shale/Point Pleasant development has had – and will continue to have- in Ohio.

These impacts range from growing Ohio’s Gross Domestic Product over $100 billion in two years, to being responsible for dropping Ohio’s unemployment rate at a faster pace than the national average.  Any way you look at it, oil and gas development is on pace to revitalize Ohio’s…

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Added by Anne Carto on February 20, 2013 at 4:45am — No Comments

Ohio State Student Sees Future in Shale

OSU Senior Pat Moore guest blogs for EID on the incredible opportunities being afforded to college graduates thanks to shale development:

"My name is Pat Moore and I am a senior civil engineering student and co-founding Vice President of the Buckeye Shale Energy Organization (BSEO) at The Ohio State University. I am from the Cleveland suburb of Chagrin Falls, but…

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Added by Anne Carto on February 19, 2013 at 5:09am — No Comments

The Foundry: Get the Federal Government Out of the Natural Gas Business

Amy Payne, Assistant Director of Strategic Communications, The Heritage Foundation:

"In North Dakota, people have jobs. That state led the nation in job creation last year, and its unemployment rate is only 3.2 percent (compared to the national rate of 7.9 percent). Why?

One word:…

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Added by Anne Carto on February 18, 2013 at 4:52am — No Comments

CONSOL Doing A Different Kind Of Site Prep With Habitat For Humanity

CONSOL Energy is giving back to Noble County by helping the local Noble County Habitat for Humanity build its first home in the county.  CONSOL Energy donated $6,000 to the organization to help them reach their goal of $50,000 to build the home for the needy family.  In addition to the generous donation, members of the CONSOL Energy Utica development team…

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Added by Anne Carto on February 15, 2013 at 7:11am — No Comments

Economists Note Youngstown’s Improved Economy Due to Shale

Economists throughout Ohio are discussing how the Youngstown area is benefitting from a stronger economy than the rest of the state, greatly due to Utica Shale development.  Kenneth Mayland, President of ClearView Economics LLC in Pepper Pike, George Mokrzan, Senior Vice President and Director of Economics at Huntington Banc Shares Inc. in Columbus, and A.J. Sumell, professor of economics at…

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Added by Anne Carto on February 14, 2013 at 5:23am — No Comments

Rex Energy To Develop 11 Wells In The Utica in 2013

EID's Shawn reports on Rex Energy's announcement to develop 11 wells in Ohio's Utica/Point Pleasant formation in 2013:

"According to an investor presentation released yesterday, Rex Energy is looking to invest $85 million in Ohio next year while developing acreage in…

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Added by Anne Carto on February 13, 2013 at 8:39am — 4 Comments

Utica Shale Brings Law Firms to Canton

Utica Shale development has brought many new businesses to Ohio and two of those are law firms.  Steptoe & Johnson PLLC and Jackson Kelly PLLC have both opened offices in Canton in the past year because of Ohio’s growing oil and gas industry.  While both firms have come to specialize in energy, they plan to expand into full service firms in the future.

Steptoe & Johnson’s Canton office is…

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Added by Anne Carto on February 8, 2013 at 5:59am — No Comments

Update: Gulfport Keeps Showing The Promise of Utica With New Results

EID's Shawn provides an update on Gulfport's encouraging results in Ohio's Utica-Point Pleasant:

"UPDATE (02/4/2012, 11:00 am ET): The Stutzman 1-14H, which we reported on in January, has now been quantified and it looks like the well will be posting great revenue for Gulfport and the landowners receiving royalties.  It was recently reported by the Wheeling Intelligencer, the well…

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Added by Anne Carto on February 7, 2013 at 5:33am — No Comments

New Jobs Report Shows Shale’s Promise In Ohio

EID's Shawn blogs on the ODJFS Shale Report highlighting the oil and gas industry's pivotal role in Ohio's economic recovery:

"A recent Ohio Department of Job and Families Services (ODJFS) Shale Report shows Ohioans are benefiting once again from shale development.  Coupling the recent US Chamber…

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Added by Anne Carto on February 6, 2013 at 6:05am — No Comments

Stark County Oil & Gas Partnership Hosts Flagship Event

This week, Energy in Depth attended the Stark County Oil & Gas Partnership’s flagship event.  “Choose Stark County” featured key industry leaders to update the community on the oil and gas industry’s presence and potential opportunities in Stark County.  More than 250 attended the business to business networking opportunity and listened to…

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Added by Anne Carto on February 4, 2013 at 6:16am — No Comments

Utica Shale: By The Numbers For January

Building on strong numbers from 2012, Utica Shale development has been taking off this year in Ohio. It seems we see headlines each week in newspapers all over the Buckeye state indicating new jobs, investments, and…

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Added by Anne Carto on February 1, 2013 at 4:14am — No Comments

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