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Co Tenancy Agenda v2

The recent U.S. energy revolution, courtesy of high-tech advancements in hydraulic fracturing, has made U.S. manufacturing more competitive globally, lowering costs for energy-intensive industries while increasing output, employment and exports.

MetroNews

CHARLESTON, W.Va. — Lobbyists for West Virginia’s gas industry will not be making another run at forced pooling or lease integration legislation during the upcoming legislative session, according to the executive director of the West Virginia Oil and Natural Gas Association.

Instead, Anne Blankenship said they’re focused on two other proposals designed to open up the Marcellus and Utica shales in the Mountain State to more horizontal drilling: (1) joint development and (2) co-tenancy.

“Our proposals this year are really going to go after creation of more jobs, spur economic development, hopefully in a pretty big way, using our natural resources that we sit on top of that are just in abudance right now,” Blankenship said on Monday’s MetroNews “Talkline.”

CASEY JUNKINS
Business/Energy Writer
cjunkins@theintelligencer.net

WHEELING — TransCanada, the same company behind the controversial Keystone XL pipeline, hopes to move 1.5 billion cubic feet of natural gas per day through Marshall and Monroe counties by the end of this year via the 36-inch diameter Leach XPress pipeline.

On Thursday, officials with the Federal Energy Regulatory Commission approved the $1.4 billion project designed to ship dry methane natural gas from a Majorsville compressor station in Marshall County to a compressor station in Ceredo, W.Va., near Huntington.

CLARKSBURG — Ronald Lane Inc., Clarksburg, has signed a contract with a major natural gas company to lease land in both Harrison and Ritchie counties that will result in 800-1,200 jobs coming to the region. They are scheduled to move in June 1.

Ronald Lane Inc. is a pipeline construction and commercial development company headquartered in Clarksburg.

Chris Lane, a co-owner, said the natural gas company will occupy all the remaining lots in the Sun Valley Industrial Park, which contains about 22 acres on U.S. 50 just outside Clarksburg.

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