Thursday, August 21st, 2014
Current Time 8:59:36am
Wednesday, 04 June 2014 08:39

Consol Energy focusing resources on SE Ohio

Written by 

PA-based company closes Columbiana County office, sends workers to St. Clairsville

ST. CLAIRSVILLE, Ohio -- Consol Energy has closed its Columbiana County field office as its refocuses resources on shale drilling and development in southeast Ohio.

The Pittsburgh-based exploration company opened the office at a time when Carroll, Columbiana and Jefferson counties were thought to sit above the richest deposits in the Utica Shale; however, as initial production rates have put the highest-producing wells in Belmont, Monroe and Noble counties, Consol is among many companies restructuring its efforts to focus on the southeastern region of the Buckeye State.

Around 15 employees have been relocated to Consol's existing office in St. Clairsville in Belmont County. Consol has 44 horizontal Utica permits in Ohio, most of which are in Noble County. The company has also backed a joint venture with Hess Corp. that is concentrating on midstream operations in both Noble and Monroe counties.

A Consol spokesman said the company's current growth strategy is aimed at shifting away from coal and moving more toward oil and natural gas.

Z. Daniel Barnett

Email This email address is being protected from spambots. You need JavaScript enabled to view it.
  • Facebook Links
  • Free Text Alerts
  • Twitter Feeds

Get Text Message Local News Alerts and Local HS Sports  Scores on Your Cell Phone!

YourRadioPlace.com will alert you to the latest breaking LOCAL news, weather school closings and local HS sports scores for all the games we broadcast via Text Messages to your cell phone or PDA! Sign up now for this FREE service! (Message and Data Rates May Apply - See details under read more link)

AVC Local News Alerts:   Text keyword: AVCNEWS to 41411
Local HS Sports Scores:  Text keyword: AVCSPORTS to 41411

Message and data rates may apply. To Opt-out text STOP to 41411. For more information text HELP to 41411.

Follow us on Twitter!

AVC News - Daily Local Headlines and Alerts

AVC Sports - Local HS Sports Scores

Popular Articles...