PA Shale Water Company Hiring 125 New Employees
This is the kind of news we love to share! Keystone Clearwater Solutions, which was once majority owned by Rex Energy until they sold it to American Water Works in 2015 (see Rex Energy Sells Keystone Water Subsidiary to American Water Works), is hiring. And boy are they hiring! Keystone needs to hire 125 people, from truck drivers (most of the positions) to mechanics to technicians to supervisors. Keystone offers “complete water management solutions” to the shale industry, from the development and operation of surface water intakes to the operation and maintenance of water pipeline systems, pipeline construction projects, and water transfer services. Keystone is holding interviews across PA, OH and WV in December to fill the open positions. Christmas came early!
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How much “diligence” is required when trying to locate the heirs of mineral rights owners in Ohio, as stipulated by the Ohio Dormant Minerals Rights Act (DMA)? That issue was addressed, once again, last week–this time by Ohio’s 7th District Court of Appeals. The DMA requires a surface owner to exercise “reasonable due diligence” to ascertain the names and addresses of mineral holders and their heirs prior to serving notice of abandonment by publication. The question is, what is “reasonable due diligence”? Is there a common standard? The 7th District decided there is no common standard, and what’s reasonable in one case may not be reasonable in another. In other words, it all depends–and is unique in each case.
Last week the Ohio Environmental Protection Agency held an information session (to give out info) along with a public hearing (to accept comments) on the draft air pollution permit for PTT Global Chemical’s proposed ethane cracker plant complex in Belmont County, OH (see
Each year (for the 12th year running) the Canadian-based Fraser Institute surveys petroleum industry executives and managers (256 of them for 2018) asking them their opinions on the barriers to investing in exploration and production in various geographies across the globe. That is, what makes them more likely or less likely to spend money drilling in a particular location? The Global Petroleum Survey (full copy below), tallies the survey responses and ranks each geography from most desirable place to invest, to least desirable. Last year West Virginia was ranked as the fifth most desirable place to invest (see
Reuters has published a “hit piece” against Energy Transfer (ET) and two of its recent big pipeline projects–Rover Pipeline (in Ohio & Michigan), and Mariner East 2 Pipeline (in Ohio and Pennsylvania). Reuters is usually more balanced than, say, Bloomberg with these types of articles. Reuters usually doesn’t go out of its way to denigrate the industry. The article evaluates the number of permit violations issued for both projects. Together that number exceeds 800. Is that a lot? Reuters says they’ve analyzed “four comparable pipeline projects” and found an average of 19 violations per project (or 38 for two projects). So yeah, 800 vs. 38 sure sounds like a lot to us.
Still no sign from PTT Global Chemical that they will announce a final decision to proceed with building a $6 billion ethane cracker in Belmont County, OH, by the end of this year. The project was first announced in April 2015 (see
Once upon a time the Clinton Sandstone layer was the most drilled rock layer in Ohio. Then the Utica/Point Pleasant came along and it seemed as if everybody forgot about the Clinton. Previously the Clinton was drilled vertically, or conventional-only. But what if you drilled the Clinton horizontally, like you do in the Utica? You might get a “Utica-lite” well, as we commented back in 2015 (see
Earlier this month Encino Acquisition Partners (i.e. Encino Energy) completed its purchase of all of Chesapeake Energy’s Ohio Utica Shale assets for $2 billion, originally announced in July (see
NEXUS Pipeline, a $2.6 billion, 255-mile interstate pipeline that runs from Ohio into Michigan, began a partial startup in October, and is now fully online. Although there was early opposition to the project, and some complaints from landowners along the route of construction, the project is noteworthy for the just how little complaining there actually was. Not all of the restoration work–things like reseeding and landscaping–is done. Most of it is done, but not all. A few landowners still have some scattered complaints related to unfinished work. Massive amounts of rain in the region have prevented final restoration work, which NEXUS now says will have to wait until spring 2019. In the meantime, local school districts and municipalities are rubbing their hands, anticipating tax payments that will begin to flow into their coffers.
Buckeye Brine, a relatively young Ohio-based company, owns and operates three shale wastewater injection wells in Coshocton County. Buckeye has operated their three Class II (as they are known) injection wells “flawlessly” for the past five years. No earthquakes. No spills. No leaks back to the surface. Nothing. Buckeye now wants to re-designate two of the three wells as Class I wells, which would allow them to accept non-shale wastewater–from industrial equipment operators, soap manufacturers, food processors, power plants, and municipal wastewater treatment plants. But antis are kicking up a fuss, claiming the change will pollute everything and everyone from here to Timbuktu. Fortunately state regulators are not swayed by such histrionics. The Ohio EPA is accepting public comments on the conversion until Nov. 26. There’s still time to write in and support the project!
EnCap Investments is a venture capital investor that funds independent companies in the U.S. oil and gas industry. EnCap has its fingers in a number of pies in the Marcellus/Utica. EnCap is the major investor behind Eclipse Resources and was instrumental in Eclipse selling itself to and merging with Blue Ridge Mountain Resources (see
Virulent anti-drillers in Youngstown, OH have now tried eight times to pass a so-called Community Bill of Rights ballot measure–and have failed all eight times, most recently on Tuesday. The local yokels from Youngstown working on the initiative are pawns, useful idiots, for an ultra-radical group from Pennsylvania called the Community Environmental Legal Defense Fund (CELDF). The CELDF is behind dozens of such efforts, none of which has been successful. The Youngstown ballot measure sought to ban fracking and ban any company related to the extraction of fossil fuels from operating in the city. The CELDF is also behind a number of bizarre lawsuits–like the one claiming that an ecosystem is a “person” with rights (see