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Friday, April 6, 2018

Utica Midstream Conference Gives Updates on Development in the Play

From The Canton Repository:
Ohio has produced more natural gas than it uses since early 2015. Driven by prolific Utica Shale wells, the state produced a record 1.7 trillion cubic feet of natural gas last year. 
Much of the regional economic development around that production has been in the form of pipelines and processing facilities. 
Two interstate natural gas pipelines — Energy Transfer’s Rover project and the NEXUS Gas Transmission pipeline — cross Stark and neighboring counties. 
Marathon Petroleum also has built or acquired assets in the region to supply its Canton refinery with liquids from Utica Shale wells 
Ohio’s industry boosters want to turn the state’s natural gas reserves into even more economic development, but are facing headwinds from Wall Street and Washington, D.C. 
Attendees of the fifth annual Utica Midstream conference on Wednesday heard updates on natural gas production, local pipeline projects and efforts to sell the Ohio River valley as the world’s next petrochemical hub. 
The Canton Regional Chamber of Commerce and ShaleDirectories.com presented the conference at Walsh University’s Barrette Center.
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