API Research/List of Shale Supply Chain Companies for PA/OH/WV
Important new research has just been released by the American Petroleum Institute on the role of supply chain businesses in oil and gas. In particular, not only how many such businesses exist–but who they are, by name. MDN has glanced through the report and has pulled the writeups for Pennyslvania, Ohio and West Virginia (all three below). The research shows that the oil & gas industry in PA is contributing $34.7 billion to the economy each year–a staggering number. The average salary for a PA worker is $48,785–but the average salary for o&g workers in PA is $78,898 per year. Similar numbers are found for both OH and WV as well…
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Hilcorp is having some bad luck in Mercer County, PA. Three weeks ago two storage tanks at a Hilcorp well pad caught fire and exploded–no one injured. Then, this past Saturday (three weeks later), a separator caught fire at a well pad. No big explosions this time–at least none that were heard. However, up to 20 homes had to be evacuated while the fire was extinguished. Once again, no injuries…
Once again the Marcellus is in the middle of what appears to be a Democrat vs. Republican fight–this time over who will control prime riverfront port facility property in the Delaware River in Philadelphia. Here is our understanding of the situation: the Philadelphia Regional Port Authority (PRPA) is in talks to lease 200 acres at the Southport facility to Philadelphia Energy Solutions (PES)–operator of the former Sunoco Inc. refinery in South Philadelphia–who would then turn around and find an operator for the terminal itself. PES wants to ship Marcellus Shale gas from the port facility location after piping it there from other parts of PA. But a bigtime Philly Democrat, John Brown Jr., president of Penn Warehousing and Distribution Inc. (a paper-import company) wants to lease the port facility for himself and the operations of his company. So Brown hired former State Senator Vincent J. Fumo (Democrat with a lot of influence) to pull strings and hose the deal developing between PRPA and PES…
On Sunday, August 31 at 5:45 pm, there was an earthquake in the vicinity of Weathersfield (Trumbull County), OH. However, no one felt it. The only way anyone knew there was a quake was because of monitoring by the U.S. Geological Survey. The Ohio Dept. of Natural Resources (ODNR) is investigating whether or not two wastewater injection wells, operated by American Water Management Services (AWMS), was the cause of that low-level quake that no one felt. According to the ODNR, from an “abundance of caution” they asked AWMS to shut down operations at those two wells while they investigate, which has now been done…