Williams forms $3.8 billion joint venture in Marcellus/Utica

Williams and the Canada Pension Plan Investment Board have entered into an agreement to establish a $3.8 billion joint venture which includes the Williams-owned Ohio Valley Midstream system and the Utica East Ohio Midstream system.

U.S. Gulf Coast becomes net oil exporter in late 2018

According to the U.S. Energy Information Administration, several continuing trends pushed crude oil exports higher and imports lower, resulting in the Gulf Coast becoming a net crude oil exporter in the last two months of 2018.

Montage Resources reports record fourth quarter revenues

Operating in the Marcellus and Utica shale plays, Montage Resources reported company record revenues of $171.2 million during the fourth quarter of 2018. Montage has 227,000 undeveloped acres in Ohio, Pennsylvania and West Virginia.

Oilfield trucking company gives drivers a reason to stay

Brady Trucking Inc., which works with oilfield service companies throughout the Rocky Mountain region, is using Stay Metrics surveys to give its drivers reasons to stay with the company. Driver turnover has been reduced by 31 percent.

Shale study: Marcellus to supply 45 percent of natural gas to US

Natural gas from the tri-state region of Ohio, Pennsylvania and West Virginia will supply 45 percent of the nation’s production by 2040, up from 31 percent this year.

Nuevo Dos acquires Eagle Ford logistics assets, plans expansion

Nuevo Dos plans to expand the system, which currently consists of approximately 100 miles of gathering pipeline that feeds a central delivery point with 300,000 barrels of crude oil storage and a six-bay truck station.

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