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News & Opinions

Updated 03.14.2017 ago | 0 comments
NEW YORK (Bloomberg) -- A drilling surge in America’s hottest oil play may prove to be a pitfall for natural gas bulls. As explorers extract crude from the Permian shale in West Texas, they’re also producing gas. A jump in the number of rigs operating in the basin is adding to the so-called fraclog, or the number of drilled wells that are waiting...
Updated 2 years 7 months ago | 0 comments
Chesapeake Energy Corporation (NYSE:CHK) today announced it has finalized new gas gathering agreements with the Williams Companies (NYSE:WMB) in its Haynesville Shale operating area located in northwest Louisiana and its dry gas Utica Shale operating area located in eastern Ohio. Key attributes include: Significant improvement in per unit...
Updated 2 years 7 months ago | 0 comments
  As Miguel Galuccio inspects the pores in a chunk of rock sitting on his office table, the chief executive of YPF, Argentina’s renationalised energy company, launches into an enthusiastic explanation of the finer points of hydraulic fracturing, more commonly known as “fracking”. “This is Vaca Muerta,” he says, contemplating the sample of rock...
Updated 2 years 7 months ago | 0 comments
Gasoline prices continue to drift lower despite the heavy holiday weekend demand. The AAA on Sunday estimated the average price of gasoline in Ohio at a fraction under $2.19 a gallon, making the state the 11th lowest in the nation. Low-price leader was South Carolina with an average price of $1.97.  The other 10 lower-priced states were all in...
Updated 2 years 7 months ago | 0 comments
The Ohio Oil and Gas Energy Education Program (OOGEEP) recently awarded 56 students, pursuing careers in the oil and gas industry, scholarships of up to $1,000 for the 2015 academic year. These students represent 19 universities, colleges or technical institutions and all share a common pursuit toward careers in the energy industry. These annual...
Updated 2 years 7 months ago | 0 comments
From Argentina to Britain to China, countries with suitable reserves have been attempting to emulate the shale revolution of the US, even though most lack the conditions that made it possible for that industry to flourish. Progress so far has been slow, and the fall in oil prices to below $50 per barrel has dealt a further blow to these ambitions...

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