Some high paying jobs are on the way to Marshall County, WV courtesy of a new natural gas processing plant being built by Dominion and opening in December. What’s good paying? How does $30 per hour sound?
Gastar Exploration released first quarter operating results and financials yesterday. Among the news for Gastar: although they had a net loss of $6.3 million for the first quarter, their production of natural gas, oil and natural gas liquids was up 32 percent from the first quarter of last year. Why the huge increase in production?
MarkWest has been in the news a lot lately, signing a raft of new agreements and even buying out a competitor. Last Friday, MarkWest announced they had signed an agreement (terms not disclosed) to expand MarkWest’s processing capacity in the Marcellus Shale to handle more Chesapeake production. The areas covered by the agreement include northern [...]
MarkWest announced today two major new agreements to provide expanded natural gas processing and pipeline capacity for Chesapeake Energy and Antero Resouces in the Marcellus Shale. The deal with Chesapeake covers Brooke, Ohio and Marshall counties in WV, and Washington County, PA. The deal with Antero covers Doddridge and Harrison counties in WV. The new [...]
Dominion Transmission is investing nearly $1.2 billion in Marshall County, WV. Almost half of that—$500 million—will be spent on a new gas processing facility near Natrium (see this MDN story). Earlier this week, Dominion officials updated Marshall County commissioners on the progress of the new facility and other projects underway.
One of the possible locations for a new ethane cracker plant in West Virginia is a 1400-acre parcel of land owned by Bayer Corp. located on the border of Marshall and Wetzel counties. Ahead of an announcement on a cracker plant, Bayer has decided to move forward with leasing the New Martinsville plant for shale [...]
MarkWest Energy Partners, a major midstream player in the Marcellus and Utica Shales, just announced major expansion plans that will add an additional 600 million cubic feet per day (mmcf/d) of natural gas processing capacity which includes natural gas liquids (NGLs). Most of the new capacity will come from expansion of its Majorsville, WV plant. [...]
Caiman Energy plans to bring its total investment in natural gas processing (“midstream”) facilities in Marshall County, WV to $1.3 billion by the end of 2014. At midstream processing plants like the ones operated by Caiman, raw natural gas is processed to separate out methane from other components like ethane, propane, butane and pentane, or [...]
A $500 million natural gas processing plant is currently being built by Dominion Transmission along the Ohio River in Marshall County, WV. When it’s done, it will have a 400 million cubic feet per day capacity. Chesapeake Energy has committed to processing 100 million cubic feet per day at the facility. The new plant means [...]
Caiman Energy has found a novel way of moving large steel utility poles (electric poles) that it needs to install to bring in more power to a natural gas processing plant located at Fort Beeler near Cameron (Marshall County), WV. To address concerns over truck traffic and damage to roads, Caiman is using helicopters to [...]
In March 2010, CONSOL Energy (Cecil, PA) paid Dominion Resources $3.5 billion for 500,000 acres of Marcellus Shale gas leases, instantly tripling their lease holdings. Since that time, CONSOL has continued to invest in Marcellus acreage and they now have 750,000 acres under lease. But CONSOL had a problem: Not enough money to develop their [...]
Dominion, one of the country’s largest producers and transporters of energy, has just announced they will build a large natural gas processing and fractionation plant along the Ohio River in Natrium, W.Va. to process shale gas from the Marcellus and Utica Shale regions. The plant’s first phase of construction will be completed by the end [...]
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