Benesch Law’s Useful Quarterly Report/Overview on Utica Shale
How about a handy quarterly snapshot of the Utica Shale and where various initiatives (like infrastructure investments) stand? The attorneys and researchers at Benesch Law produce just such a report every three months. The latest edition is now out. One statistic of note to give you a feel for the enormous scope and potential of the Utica Shale in Ohio: There are 133 pipeline projects–from local gathering lines to interstate natural gas liquids pipelines–either now being built or on the drawing board. It represents billions of dollars of investment in the Utica.
Below is the full Benesch Shale Industry Report – Quarterly Summary Q2 2013. Well worth the few minutes it takes to read…
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It’s been a long, hard fight. Dominion has finally won approval from the Dept. of Energy (thank you new Secretary Ernest “Hair” Moniz!) to build a liquefied natural gas (LNG) export facility at their Cove Point, Maryland location. The LNG facility will allow Dominion to super-cool and condense natural gas to a liquid state–Marcellus and Utica Shale gas–and export it to India and Japan, countries who are allies of the United States but don’t have a free trade agreement with us. This is great news for those two countries who previously signed deals with Dominion to take 100% of the LNG the Cove Point facility can produce (see