Jobs 49 - Marcellus Drilling News

Obama State of the Union: Safe Fracking will Create 600K Jobs

January 25, 2012January 25, 2012

Last night, President Barack Obama delivered his State of the Union address to Congress. Energy and natural gas played a big role in the speech. In particular, Obama acknowledges the jobs-generating power of natural gas drilling, saying it can generate 600,000 jobs by the end of this decade. He also mandated a requirement that gas drillers on public lands disclose the chemicals they use. (Disclosing fracking chemicals is already the law in five states and mostly enforced in a sixth—see this MDN story).

Obama said the U.S. has enough natural gas to last us 100 years and that he’s going to “take every possible action” to develop it. He also reaffirmed his belief in global warming.

Education | Industrywide Issues | Jobs

Some Grad Students Make $120K per Year in Shale Gas Industry

January 23, 2012January 23, 2012

Heading to grad school and want to make $120K a year when you graduate? You might consider an advanced degree in geology or geophysics and working in the shale gas industry.

Baker Hughes Expands in WV, Sets Sights on the Marcellus

January 13, 2012January 13, 2012

Baker Hughes, one of the world’s largest oilfield and shale gas service companies, is building a new $40 million facility in Harrison County, West Virginia, and along with it, generating 275 new jobs. According to Baker Hughes president Paul Butero, the company plans to become a “major player” in the Marcellus Shale.

Southern NJ Refinery May Reopen Thanks to Shale Fracking

January 6, 2012January 6, 2012

A closed refinery in West Deptford Township (Gloucester County), NJ may soon reopen thanks to hydraulic fracturing. The refinery, owned by Sunoco, is looking at two possibilities: Refine oil from the Bakken Shale region of North Dakota; or convert the refinery into a processing plant to move and store ethane from the Marcellus Shale region.

Philly Frack Sand Company Expands, Buys WI Company

January 5, 2012January 5, 2012

Preferred Sands, a privately-held company headquartered in the Philadelphia suburb of Radnor, PA, has just bought out another sand company—Winn Bay Sand, located in Blair, Wisconsin—for $200 million. Preferred Sands is a frack sand and proppant company launched in 2007. It’s the largest frack sand producer in Canada, and one of the top three in the U.S.

More Marcellus & Utica Shale Jobs Coming to Youngstown, OH

December 21, 2011December 21, 2011

The good economic news keeps coming in for the Marcellus and Utica Shales. If approvals come (as expected) from the city of Youngstown, Ohio, Exterran Energy Solutions will build a new $13 million manufacturing facility in the city in 2012. Exterran manufactures parts used in compressors and compressor stations used in the production and transportation of natural gas from shale drilling. The new plant could provide as many as 200 new jobs in the next several years.

Halliburton Buys Land in OH for Utica Shale Operations Center

December 20, 2011December 20, 2011

Halliburton has just purchased 178 acres in the EastPointe Business Park in Washington Township near Zanesville, Ohio. The company plans to build an operations center at the location servicing companies drilling in the Utica Shale. The new operations center is expected to create 300 jobs within the next three years.

Industrywide Issues | Jobs

Study Finds Shale Gas Will Create 1M New Manufacturing Jobs

December 15, 2011December 15, 2011

A new study released Wednesday by PricewaterhouseCoopers on shale gas and its impact on U.S. manufacturing finds that by 2025 manufacturers will employ an additional one million workers and will have saved some $11.6 billion in energy costs—all due to an abundance of domestic shale gas supplies. The report also cautions that manufacturers must help manage the environmental, regulatory and tax concerns created by shale gas resources to realize those results. A copy of the full report is embedded below.

From the PwC press release:

Industrywide Issues | Jobs | West Virginia | Wetzel County

Out-of-State Gas Workers Mean Continued High Unemployment

December 7, 2011December 7, 2011

One of the criticisms of the Marcellus shale gas drilling industry is that although it brings with it an economic boom, including many jobs, sometimes those jobs are taken by out-of-state workers and not local workers. Drillers will say there are not enough skilled local workers to fill the positions. Labor leaders and local economic development officials will say, “Train them and there will be!”

According to Dave Efaw, secretary-treasurer of the West Virginia State Building and Construction Trades Council, local drillers need to step up to the plate and start hiring more local workers:

Economic Impact | Industrywide Issues | Jobs

New Study Shows Economic Boom from Shale Gas in U.S.

December 6, 2011December 6, 2011

A new study just released shows that natural gas drilling and production will add 900,000 jobs and $1,000 to annual household budgets across the country, on average, by 2015. And shale gas production will go from adding $76 billion to U.S. gross domestic product (GDP) now, to $118 billion by 2015.

Hydraulic Fracturing | Industrywide Issues | Jobs

The Non-Green Jobs Boom – from Hydraulic Fracturing

November 29, 2011November 29, 2011

An excellent article in yesterday’s Wall Street Journal on the non-green jobs boom coming from the energy sector—specifically due to horizontal drilling and the use of hydraulic fracturing—starts out this way:

Economic Impact | Industrywide Issues | Jobs

Oil and Gas Industry Leads the Way in U.S. Job Creation

November 10, 2011March 24, 2012

Quick…guess which industry has nine of the 11 fastest growing jobs in the U.S.? That’s right, the oil and gas industry. In fact, the six fastest growing jobs in the country for 2010-11 are all related to oil and gas extraction. In 2011, the o&g industry is projected to add 85,000 new jobs!

WV Officials Angry with Chesapeake Over Ethane Pipeline Deal

November 7, 2011November 7, 2011

gas pipeline construction State officials in West Virginia are angry with Chesapeake Energy over the announcement that Chesapeake has signed a deal to ship ethane out of the Marcellus region via pipeline to the Gulf Coast for processing. A quick petrochemical lesson: Some of what comes out of the ground when drilling for natural gas is the chemical compound ethane—especially found in “wet gas” areas of the Marcellus like West Virginia. Ethane can be processed into ethylene, which is the raw material used to make plastics.

West Virginia and Pennsylvania have been heavily courting Shell and at least one other unnamed company to build a “cracker plant” to process the ethane (crack it) into ethylene. Building a cracker plant in the region would attract thousands of jobs and billions of initial investment, and billions in revenue from associated plastics industries that would sprout up around the plant. It’s like winning the biggest imaginable lottery jackpot when it comes to jobs, money and tax revenue.

Chesapeake Creates Hands-On Rig Training Center in Bradford PA

November 7, 2011November 7, 2011

Chesapeake Oilfield Services has just launched a hands-on training program at its Eastern Housing Center and Training Facility in Athens Township (Bradford County), PA. They’ve installed a working drilling rig at the facility to give new hires real-world, hands-on training. The primary aim of the facility is to teach new workers safe work habits while learning how to handle rig equipment. In addition to the rig, a water transfer system has also been installed to teach workers how to safely and efficiently deliver water from its source to the drilling site, especially in sub-freezing temperature.

Economic Impact | Industrywide Issues | Jobs

PA Economist Says Shale Gas Only Way to Economic Recovery

November 3, 2011November 3, 2011

Edmond Seifried is professor emeritus of economics at Lafayette College in Easton, PA. He says that fiscal and monetary policy used by the Federal Reserve has not and will not work. He says that natural gas is not just the best, but the only way for the U.S. to recover from the current economic malaise.

Seifried points out the obvious: The less money we spend on foreign oil and invest in our own energy sources (in particular natural gas), the more the country’s Gross Domestic Product (GDP) will increase, meaning more jobs here at home, and more money that stays here in our country.

Industrywide Issues | Jobs

Some Young People Bypass College for a Marcellus Shale Job

October 24, 2011October 24, 2011

A columnist in the Pittsburgh Post-Gazette asks the question, “Should young people consider putting off college in order to work a job in the Marcellus Shale?” And the surprising answer is, “Maybe.” She recounts her random run-in with a young man in the Pittsburgh airport who was flying home to visit his parents, as he does regularly. His job? Laying pipeline in the Marcellus Shale. Her point was that in a time of economic uncertainty like we are in, putting off college for a while and working in the shale gas industry may be the right choice for some young people.