The first product from Exterran Energy Solution Inc.’s new 60,000-square-foot plant on Salt Springs Road is scheduled to roll out April 1, a company executive said Monday. “We’re excited,” Michael Grimland, director of manufacturing at Houston-based Exterran, told some 200 business leaders attending the Ohio Shale Development: Economic Opportunities Forum at Mr. Anthony’s. “We’ve got a plan this year that… Read More
Two huge energy companies are planning to build a massive pipeline that stretches from Ohio’s Utica shale play to the U.S. Gulf Coast. Williams, a Tulsa-based energy infrastructure company ranked 276th on the Fortune 500 list, and Boardwalk Pipeline Partners, a Houston-based operator of pipelines and underground storage caverns, are forming a joint venture to develop pipelines to transport natural… Read More
EV Energy Partners LP is looking to sell nearly 104,000 leasehold acres it owns in the Utica shale, including assets in Mahoning and Trumbull counties. EV Energy, a subsidiary of Houston-based EnerVest Ltd., wants to divest itself of 4,400 acres in Mahoning County as well as 12,300 acres in Trumbull County as part of 103,800 acres its trying to sell… Read More
The top executive from Halcón Resources Inc. reports that its first two wells in the Utica shale should be tested in April, “with more wells following each and every month.” During a conference call Thursday, Floyd C. Wilson, chairman and CEO of the Houston-based company, told analysts that Halcón is delineating the 130,000 acres it holds in the Utica play, which… Read More
On the heels of record-low natural gas prices, a new report has focused on how the shale gas activity will affect North American companies and the economy. The report, from RBC Capital Markets and the Economist Intelligence Unit, examines how the surge in unconventional gas production is transforming sectors such as energy and transportation. It is based on a survey… Read More
