Hints and tips:
...After absorbing the companies involved in the deal — the East Ohio Gas Company, Public Service Company of North Carolina and Questar Gas Company — and their 3mn customers across Ohio, North Carolina, Utah...
...Barclays has hired Deutsche Bank alum Foruhar Madjlessi as co-head of equity capital markets for Europe, the Middle East and Africa. He was most recently Instone Real Estate Group’s CFO....
...EQT’s gas is fracked from shale rocks across the Utica and Marcellus formations of western Pennsylvania, Ohio and West Virginia — one of the most prolific hydrocarbon reservoirs in the world that lies beneath...
...Additionally, Aviva’s former chief strategy and M&A officer Chetan Singh is rejoining the firm in June to take over from him as co-head of FIG for Europe, the Middle East and Asia....
...Producers in the western states found it difficult to compete with a gas resource as extensive and rich as the Marcellus, as well as the neighbouring Utica play....
...In the US north-east, their tactics have proved strikingly effective....
...The oil major on Tuesday wrote down more than $10bn of assets, more than half from gas resources in the Appalachian states of Pennsylvania, West Virginia and Ohio....
...In a speech in Ohio this month, where a drilling boom at the Utica shale gasfield has enriched the economy over recent years, the president said Mr Biden would not just “hurt the bible [and] hurt God”, but...
...“We’re taking shale gas from the Marcellus and Utica fields [in north-east US],” says Hilary Mercer, the executive in charge of the development....
...The ban was lifted in late-2015, however, and midstream energy built more pipeline capacity from inland shale fields to the US Gulf of Mexico coast....
...Electoral margins in some industrial states, such as Ohio, Pennsylvania, Michigan and Indiana, could be tight....
...Rice was the 16th-largest gas producer in the US last year, and also does business in the Marcellus Shale and the Utica Shale in Ohio....
...Rice was the 16th-largest gas producer in the US last year, and principally operates in the Marcellus Shale in Pennsylvania, North America’s largest gasfield, and the Utica shale in Ohio....
...However, the lowest-cost region of the US for gas production, the Marcellus and Utica shales centred on Pennsylvania and Ohio, is also facing sustained opposition from environmentalists to new pipelines....
...Natural gas output from the Marcellus and Utica shales of the US north-east is averaging 22.63bn cubic feet per day in August, according to Platts Analytics....
...Energy wave Production from the Marcellus and Utica shales of Pennsylvania, West Virginia and Ohio has been nothing short of astonishing....
...It will be interesting to see how the more leveraged participants in, say, the Bakken shale oil play in North Dakota, or the Utica gas and liquids play in Ohio manage their way through being price takers...
...It was dubbed the “king of pipelines”: a $6.7bn, 1,700-mile tubular highway transporting US natural gas east from the Rocky mountains to the gentle hills of Ohio....
...The company had 834 stores in the US and 166 stores across Canada, Europe, Asia, Australia and the Middle East at the third quarter’s end....
...Mr McClendon’s American Energy Partners, a similarly-named but separate business, has private equity backing and has been investing in the Utica shale region of eastern Ohio, which is believed to be rich...
...But a drilling sprint in northeast formations such as the Marcellus shale in Pennsylvania and Utica shale in Ohio is drawing a new map....
...Oil companies who rushed to buy acreage in Ohio’s Utica shale a few years ago have discovered the rock is not as porous as in other formations such as Texas’ Eagle Ford or the Bakken, and there is less natural...
...Chesapeake is also selling other pipeline and storage facilities for $300m, and unspecified oil and gasfields, including some in the Utica shale of Ohio, for $600m....
...Meanwhile, The Oil Drum points out that just last week, Chesapeake’s chief executive Aubrey McClendon was expressing pessimism about the oil potential of the Utica shale formation in Ohio....
...In March BP announced it was starting exploration of the Utica shale basin in Ohio, thought to have large reserves of oil and gas....
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