Links for 11/25/14: Moral Case for Fossil Fuel Use, Jefferson County Poised for Shale Boom, and More
Forbes: Jimmy Fallon Makes the World's Best Argument Against Solar and Wind Energy - "Tonight Show host Jimmy Fallon, a member of “Artists Against Fracking,” is, like many celebrities, in favor of banning most fossil fuel use and using wind and solar instead. But a few years ago, when he was host of Weekend Update, Fallon made one of the best arguments ever why solar, wind, and other forms of renewable energy..."
Akron Beacon Journal: Ohio Oil, Gas Industry Provides Training to 92 Firefighters - "The Ohio Oil and Gas Energy Education Program (OOGEEP) recently completed its fall firefighter training series, adding 92 firefighters to the number of first responders that have been trained how to effectively manage and address potential and rare incidents associated with the oil and gas industry. First responders from the..."
Gas & Oil: Grants Help Create Educational Opportunities in Belmont County - "The newly-established Gulfport Energy Fund awarded more than $60,000 in grants this week as part of its new fund with the Foundation for Appalachian Ohio. Grants were given to a variety of organizations, including those serving Belmont County. The Barnesville Library, the St. Clairesville Public Library, the iBELIEVE Foundation, Belmont College, the Ohio Valley Education Service Center, and the Watt Center were all recipients of funding designed to ..."
Press release: Carrizo Reports Third Quarter 2014 Results - "In the Utica Shale, Carrizo had negligible condensate production during the quarter as its first well in the play, the Rector 1H in Guernsey County, Ohio, has been shut-in since the second quarter. Carrizo expects to bring the Rector 1H back online in 2015 once infrastructure is in place.
Carrizo received the larger rig for its Utica Shale program late in the third quarter, and it is currently drilling the second well of its 2014 drilling program, the Wagler 2H in northern Guernsey County. Carrizo is the operator of the Wagler 2H well, and holds a 67% working interest in it. In addition to the larger rig, Carrizo is also running one spudder rig in the play. This should allow the Company to drill 5 gross (4 net) operated Utica Shale wells this year.
The Company recently began completion operations at its second operated well in the Utica Shale, the Brown 1H in northern Guernsey County. The well was drilled with an effective lateral of 6,254 ft., and is expected to be completed with 26 stages. Carrizo plans to rest the well for approximately 60 days before commencing flowback operations. Carrizo is the operator of the Brown 1H well, and holds a 50% working interest in it.
The Company continues to evaluate midstream solutions for its Utica production. Negotiations are at an advanced stage, and Carrizo hopes to have a deal signed in the near future. As a result, the Company expects to have some midstream infrastructure in place by the end of the second quarter of 2015.
Carrizo continues to expand its position in the condensate window of the Utica Shale play through bolt-on acquisitions. The Company's acreage position in the play now stands at approximately 27,300 net acres. The additional bolt-on acreage is located primarily in Guernsey County."
Akron Beacon Journal: MWCD Ordered by Ohio Appeals Court to Pay Attorney's Fees - "The Fifth District Ohio Court of Appeals ruled last week that the Muskingum Watershed Conservancy District (MWCD) must pay $12,900.00 in attorney fees after losing a lawsuit for public records that were illegally withheld. When FreshWater Accountability Project (FWAP) sought address records of cottage owners leasing land from the MWCD around lakes in Southeast Ohio, the MWCD refused..."
The Intelligencer/Wheeling News-Register: Blue Racer Plant Set to Open - "As Blue Racer Midstream officials anticipate Ohio Utica shale drillers will finish more than 1,800 wells by the end of 2015, they are working rapidly to start the new Berne processing complex in western Monroe County this month..."
The Morning Journal: Shale Students Show Off What They Know - "Students at the Utica Shale Academy got a chance on Tuesday to show a crowd of people some of the industry skills they have learned..."
Shale Energy Law Blog: Guidance Issued for Landfill Disposal of Oil and Gas Waste - "Ohio EPA, the Ohio Division of Oil and Gas Resources Management, and the Ohio Department of Health, on November 17, 2014, jointly issued a four-page guidance letter on how Ohio regulates the landfill disposal of oil and gas production waste. The letter addresses what waste is defined as solid waste that must be disposed in landfills, classification of..."
Pittsburgh Business Times: Corridors of Opportunity in Steubenville, Jefferson County, Ohio - "Steubenville and Jefferson County, Ohio, may not be seeing the large Utica Shale-related growth of neighboring counties, but they're on the cusp of big things. That's the message from economic development officials who..."
Press release: Ergon - Ironton Acquires Terminal in Ironton, Ohio - "Ergon - Ironton, LLC today announced it has purchased a petroleum storage facility located in Ironton, Ohio. The new terminaling operation consists of over 100,000 bbls of existing storage tanks, a dock, and approximately 47-acres of property along the Ohio River. Financial terms were not disclosed. The Ironton facility improves..."
PowerSource: Natural Gas Prices Holding Steady While Crude Prices Tumble - "The price of natural gas, which swooned just two years ago to the chagrin of drillers and the delight of manufacturers and utilities, is quietly holding steady or even rising amid a high-profile crude oil price slide. The gains mostly are seasonal — the price typically rallies or retreats along with winter heating demand — but other factors also are helping..."
TribLIVE: The Moral Case For Fossil Fuels - "Earlier this month, President Obama announced that the United States and China have reached an agreement to limit both countries' carbon dioxide emissions, which come primarily from fossil fuels. Such efforts have broad support from the general public. But I've spent the better part of my life researching fossil fuels — both their pros and their cons — and I've come to an inescapable conclusion: Fossil fuels are morally praiseworthy — and our lives would be better if we ramped up their use..."
Earth Island Journal: An 85-Year Old Takes on Big Oil and the Company Burying the Industry's Dangerous Waste - "I’ve come to Oxnard, California to see oil wells but Lupe Anguiano starts by showing me the ocean. “I love the ocean,” she says as we walk a cement path from the parking lot to the sand. “I have a prayer that I composed and I bring salt and then I bless the ocean, asking it to protect its marine life.” We stand at the threshold of beach and sidewalk and Lupe points to the faint outline on the horizon. Squinting, I realize that the gray hulk is neither boat nor island but an oil production platform. And there are others. On a clearer day I could see beyond them to..."
The Daily Caller: Report: Without the Fracking Boom, Oil Would be at $150 a Barrel - "The price of oil fell from about $100 per barrel to $80 per barrel in a matter of months, bringing with it lower gasoline prices for drivers and a modest boost to the economy ahead of the holiday season. This is all thanks to the advent of hydraulic fracturing, or fracking, and horizontal drilling in the U.S., without which..."
Columbus Business First: GasFrac's President Sees Golden Opportunity in Waterless Fracking in Ohio - "Oil and gas companies want waterless fracking because it could work better than water fracking. Residents want waterless fracking because it saves millions of gallons of water and cuts down on transportation needed to truck used water away. Add that to a failure of Ohio's oil and gas companies to economically..."
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