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Will the Venezuelan spring revive its oil industry?

May 8, 2017 0

It’s not only oil that Venezuela has in common with North Africa, Middle East and the so-called Arab world. As a severe economic crisis continue to strike the South American country, protests and violence intensify on the streets of Caracas, showing the Venezuelan spring has begun.

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Ohio water district gets nearly $212 million from Utica drilling 🔒

May 1, 2017 0

The Muskingum Watershed Conservancy District remains one of the biggest beneficiaries of shale drilling in Ohio The public agency has earned $200 million in lease bonuses and royalties on natural gas and liquids from its first 29 Utica Shale horizontal wells in which the district has a financial share, according to Jackie Stewart of Energy in Depth-Ohio, a pro-drilling industry group, in a recent report.

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Appalachian Basin natural gas production still growing 🔒

April 10, 2017 0

The Appalachian Basin is continuing to grow. It is producing increasing volumes of natural gas despite, despite a sharp drop in new wells being drilled in 2015 and 2016 due to low commodity prices, says Timothy Knobloch in a recent presentation at the Ohio Oil and Gas Association annual

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