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Tuesday, June 24, 2014

Links for 6/24/14: Fracking Planned at Morgan County Spill Site, Regulators Watching Utica Shale, and More

Energy in Depth:  Ohio Water Use, Fracking, and the Utica Shale   -   "Activist groups committed to banning fracking have frequently claimed that water withdrawals from oil and gas development would lead to severe droughts in eastern Ohio. In reality, actual data show the amount of water in Ohio and specifically eastern Ohio is quite plentiful, and..."

The Columbus Dispatch:  Fracking planned at Morgan County spill site as cleanup ends   -   "Tanker trucks and vacuums are still whirring on a piece of Morgan County land, trying to clean up thousands of gallons of oil and chemicals that spewed eight weeks ago from a not-yet-completed..."

Marietta Times:  Study links crime rates to influx of temporary oil & gas workers   -   "The narrow dining room at RJ's Cafe was awash in a sea of neon-clad diners Friday afternoon as busy waitresses scurried about bringing heaping piles of fries to the wall-to-wall lunchtime..."

Press release:  Carrizo Oil & Gas Reports Initial Multiple-Bench Niobrara Downspacing Results and Provides Utica Update   -   "The spudder rig has arrived on the location of Carrizo's second Utica Shale well, the Brown 1H in Guernsey County, OH, and drilling is expected to begin shortly. The Company currently plans to drill the top hole with the spudder rig and bring in a larger rig to drill..."

Press release:  Magnum Hunter Resources Announces Joint Development Venture in Washington County, Ohio   -   "Magnum Hunter Resources Corporation (NYSE: MHR) (NYSE MKT: MHR.PRC) (NYSE MKT: MHR.PRD) (NYSE MKT: MHR.PRE) ("Magnum Hunter" or the "Company") announced today the formation of a new Joint Venture under a Joint Operating Agreement ("Agreement") with EM Energy Ohio, LLC ("EdgeMarc"), a privately-held company headquartered in Canonsburg, Pennsylvania. The contract area covers an existing mineral leasehold position currently owned by both companies which includes collectively approximately 1,080 net acres in the Marcellus Shale and Utica Shale Formations located in..."

Columbus Business First:  Regulators on guard at Utica energy play for overzealous lending   -   "The state Department of Natural Resources isn’t the only regulator keeping tabs on the Utica shale play in eastern Ohio. Financial regulators, including the Federal Reserve Bank of Cleveland and the U.S. Office of the Comptroller of the Currency, are watching the burgeoning oil-and-gas development play for signs of overzealous lending and unhealthy..."

Pittsburgh Business Times:  Environmental Service Laboratories opens Ohio location to support Utica   -   "Indiana, Pa.-based Environmental Service Laboratories Inc. announced it has recently opened a new satellite location in St. Clairsville, Ohio. The company said the location will initially operate as a service center to support its existing Ohio natural gas clients and..."


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