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CHARLESTON, W.Va. — An annual report issued by Antero Resources projects that oil and gas production will increase by 20 percent in 2018.

“So we’ll drill, in West Virginia, 120 wells, but in 2012 terms, that’s 250 wells because we’ve developed twice as many minerals by extending the lateral length out twice as much,” Chief Administrative Officer and Treasurer Al Schopp said Wednesday on MetroNews “Talkline.”

Additionally, Schopp said that Antero Resources will pay close to $70 million in taxes this year to the state.

FAIRMONT, W.Va. — Pierpont Community & Technical College is one of four institutions receiving funds from Chevron Appalachia as part of the company’s ongoing commitment to area workforce development.

Since 2014, Chevron has invested more than $2.1 million in ShaleNET programs the region’s community and technical schools, including Pierpont, as well as Westmoreland County Community College and Pennsylvania College of Technology in Pennsylvania, and Stark State Community College in Ohio.

The latest investment, totaling $630,000 in ShaleNET education programs, comes as the energy industry matures and ShaleNET’s curriculum adapts to reflect the region’s need for a highly-skilled workforce. Today’s program model focuses on transferrable skills that enable successful careers across the growing energy and advanced manufacturing industries.

MOUNDSVILLE — China Energy’s potential $84 billion investment in energy projects in the Mountain State has sparked an uptick in interest in available industrial properties throughout the Upper Ohio Valley, officials say.

The memorandum of understanding, or MOU, is not binding, meaning the Chinese company can still back out if it wants to.

“Everybody’s trying to figure out what it means,” said Bryce Custer, NAI spring real estate adviser, Energy Services.

The US Federal Energy Regulatory Commission has granted certificate approval to the second-largest natural gas expansion project in the US Northeast, the 170-mile, 2.7 Bcf/d Mountaineer XPress project in West Virginia. 

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