News
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Report: Utica Shale a Driving Force in Rebirth of Ohio Manufacturing
Energy In Depth A new report out of Cleveland State University’s Center for Economic Development (CED) found the Utica Shale as a main driver for the sustained growth in northeast Ohio’s manufacturing industry. More specifically, the 2013 Manufacturing Economic Brief attributed regional growth to two main factors: continued national growth in exports, and the development of the…
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Blue Racer Midstream Provides Update on the Company’s Activities in Ohio’s Utica Shale
DALLAS – January 27, 2014 – Blue Racer Midstream, LLC (“Blue Racer”) announced today that it has entered into long-term agreements with many of the Utica Shale’s leading natural gas producers. Blue Racer will provide comprehensive, integrated midstream services for production from liquids-rich Utica shale acreage in Monroe, Noble, Guernsey, Belmont, Harrison and Carroll counties…
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Ohio Tops 1,000 Utica Shale Permits
nergy In Depth Ohio reached a key milestone regarding Utica Shale development this week. Per the Ohio Department of Natural Resources (ODNR) Utica Shale permit page, the state has approved over 1,000 Utica Shale permits since 2010. The activity in Ohio is only growing as we continue to see new counties being explored and new companies…
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Ohio shale gas boom closer than many realize
Cleveland Plain Dealer The old story that Ohio could be the Saudi Arabia of gas is beginning to look like more than just a pipe dream. In the last two years, companies building facilities and “gathering lines” have pumped as much as $12 billion into Ohio, said Peter MacKenzie, vice president of operations for the Ohio…
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Blue Racer Midstream Secures $800 Million Credit Facility
Company Plans Aggressive Development of Midstream infrastructure in the Utica Shale DALLAS – Blue Racer Midstream, LLC (“Blue Racer”) announced today that it has secured a five-year, $800 million credit facility, which can be expanded to $1 billion in the future. Formed in December 2012, Blue Racer is a joint venture between Caiman Energy II,…
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Blue Racer Midstream Takes Over the Natrium Gas Processing and Fractionation Plant Serving the Marcellus And Utica Shale Plays
DALLAS – August 12, 2013 – Blue Racer Midstream, LLC (“Blue Racer”) announced today that the company is now the owner and operator of the Natrium Natural Gas Processing and Fractionation Plant. Strategically located in the rich-gas region of the Utica Shale, the Natrium facility sits along the Ohio River in Marshall County, West Virginia.…
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Blue Racer Steps on the Gas
Hart Energy The East Ohio system was long a sleepy cul-de-sac in Dominion’s extensive Appalachian pipeline network. That was until the Utica play exploded a short while back, with its fabulous high-rate, rich gas and condensate wells. Today, the old legacy system is revved up and things are moving fast. New entity Blue Racer Midstream…
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Blue Racer Midstream – Development Plans
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Dominion, Caiman Energy II to Form Blue Racer Midstream, $1.5 Billion Joint Venture to Develop Utica Shale Midstream Assets
Dominion RICHMOND, Va. and DALLAS, Texas – Two experienced midstream companies, Dominion (NYSE: D) and Caiman Energy II, LLC, (Caiman) have announced they are forming a $1.5 billion joint venture to provide midstream services to natural gas producers operating in the Utica shale in Ohio and portions of Pennsylvania. The companies expect to close on…