Company strikes 'black gold' in Trumbull County - 21 News Now, More Local News for Youngstown, Ohio -

Company strikes 'black gold' in Trumbull County

Posted: Updated:
  • More NewsMore>>

  • Another Pa. school stabbing victim is improving

    Another Pa. school stabbing victim is improving

    MURRYSVILLE, Pa. (AP) - A second critically-injured student from a mass stabbing at a Pittsburgh-area high school has been upgraded to fair condition.Forbes Regional Hospital in Monroeville said Friday that only one student there remains in critical condition and two are now in fair condition.Earlier Friday, another student was upgraded from critical to fair condition at UPMC Presbyterian hospital in Pittsburgh.The student, identified by family and friends as 17-year-old Jared Boger, appeared...More >>
    MURRYSVILLE, Pa. (AP) - A second critically-injured student from a mass stabbing at a Pittsburgh-area high school has been upgraded to fair condition.Forbes Regional Hospital in Monroeville said Friday that only one student there remains in critical condition and two are now in fair condition.Earlier Friday, another student was upgraded from critical to fair condition at UPMC Presbyterian hospital in Pittsburgh.The student, identified by family and friends as 17-year-old Jared Boger, appeared...More >>
  • Boardman man charged with child rape

    Boardman man charged with child rape

    YOUNGSTOWN, Ohio - A Boardman man has been indicted by the Mahoning County Grand Jury. Quincy Henderson, 35, was charged Thursday with 11 counts, including rape, gross sexual imposition, and child endangering. HendersonMore >>
    YOUNGSTOWN, Ohio - A Boardman man has been indicted by the Mahoning County Grand Jury. Quincy Henderson, 35, was charged Thursday with 11 counts, including rape, gross sexual imposition, and child endangering. HendersonMore >>
  • Trumbull County students experience effects of distracted driving first hand

    Trumbull County students experience effects of distracted driving first hand

    CHAMPION, Ohio - Students at the Trumbull Career and Technical Center experienced the effects of distracted driving first hand at the Act Out Loud rally hosted by the school.More >>
    CHAMPION, Ohio - Students at the Trumbull Career and Technical Center experienced the effects of distracted driving first hand at the Act Out Loud rally hosted by the school.More >>

HOUSTON, Texas - An independent energy company is reporting promising results from one of its wells in Lordstown and says it has room for hundreds of more wells in Trumbull and Mahoning Counties.

During a second quarter earnings webcast Thursday, Halcon Resources Corporation Chairman and Chief Executive Officer, Floyd C. Wilson said Halcon's Kibler 1H well on Brunstetter Road in Lordstown is testing at a production rate of 2,233 barrels of oil per day. Wilson says the well is producing 75% oil and gas liquids. Oil producing wells are more valuable to energy companies than wells that mainly produce natural gas.

Wilson called the well one of the top producers in it's Utica shale region, and noted that the company has room for 500 wells in the area. "We have a very large area down in Trumbull and Mahoning Counties that is going to be productive." said Wilson.

In June, residents of the Westwood mobile home development in nearby Weathersfield Township complained about the noise being produced by flaring at the Kibler 1H well.  Flaring is a process of burning excess gas being produced by a well. Flaring no longer taking place at the well.

According to a statement from Halcon, the Company has significant holdings in Trumbull and Mahoning Counties and believes there is potential to drill hundreds of wells on its acreage in the area over time.

Wilson said Halcon has it's largest concentration of wells in Kibler area.  Four of the company's nine wells in a 30 to 35 mile stretch are showing uniformly good test results, according to Wilson.  He says Halcon will have three more wells coming on line in the area of the Kibler well in the coming weeks or months.

Wilson says Halcon is moving quickly to connect wells in the Kibler area to processing locations.  He anticipates product from seven of the nine wells to be flowing into pipelines by the end of the year.

A Halcon subsidiary has entered into an exclusive arrangement  to build an oil storage and rail-loading facility at the Ohio Commerce Center in Lordstown. The Commerce Center has direct access to rail service, making it an ideal location to support the rapid production growth expected in the region. Wilson says other drilling companies would be able to use the facility as well.  

The company is also engaged in discussions for a potential joint venture to develop a high pressure, rich gas gathering system and scaled cryogenic gas processing for Halcon's oil and gas assets in Ohio and Pennsylvania. Halcon does not say if it is considering a particular location for the plant.
 

  • SpotlightSpotlightMore>>

  • Updated

    The Scrappers host “POPS at the Ballpark” featuring the Youngstown Symphony Orchestra

    The Scrappers host “POPS at the Ballpark” featuring the Youngstown Symphony Orchestra

    Tuesday, April 15 2014 2:04 PM EDT2014-04-15 18:04:57 GMT
    NILES, Ohio – The Mahoning Valley Scrappers and the Youngstown Symphony Orchestra are excited to host one of the Valley's premiere summer events, POPS at the Ballpark,More >>
    NILES, Ohio – The Mahoning Valley Scrappers and the Youngstown Symphony Orchestra are excited to host one of the Valley's premiere summer events, POPS at the Ballpark, presented by Stanley E. Shearer with Northwestern Mutual and 21 WFMJ on Saturday, August 23, 2014 at Eastwood Field.More >>
  • Around the WebMore>>

  • Teen suspended for asking Miss America to prom

    Teen suspended for asking Miss America to prom

    Saturday, April 19 2014 8:44 PM EDT2014-04-20 00:44:23 GMT
    YORK, Pa. (AP) - A Pennsylvania high school student is in hot water for asking Miss America to prom during a question and answer session at school.Eighteen-year-old Patrick Farves said he received three days of in-school suspension Thursday because he asked Nina Davuluri to prom.The senior at Central York High School stood up and popped the prom question, then walked to the stage with a plastic flower. Davuluri just laughed and the students cheered.School officials heard about Farves' plan in...More >>
    YORK, Pa. (AP) - A Pennsylvania high school student is in hot water for asking Miss America to prom during a question and answer session at school.Eighteen-year-old Patrick Farves said he received three days of in-school suspension Thursday because he asked Nina Davuluri to prom.The senior at Central York High School stood up and popped the prom question, then walked to the stage with a plastic flower. Davuluri just laughed and the students cheered.School officials heard about Farves' plan in...More >>
  • Bicyclist struck by deer while on ride in Pa.

    Bicyclist struck by deer while on ride in Pa.

    PITTSBURGH (AP) - A southwestern Pennsylvania man has broken vertebrae in his neck and back, nine broken ribs, a bruised lung and a concussion after a deer slammed into him while he was riding his bicycle.Sixty-five-year-old Allen Kinkead said it happened Sunday about 20 miles into a bicycle trip with five other people in Penn Township, Westmoreland County.A deer darted across the road, slammed into Kinkead and ran off. He doesn't remember the impact but his friends witnessed the whole thing....More >>
    PITTSBURGH (AP) - A southwestern Pennsylvania man has broken vertebrae in his neck and back, nine broken ribs, a bruised lung and a concussion after a deer slammed into him while he was riding his bicycle.Sixty-five-year-old Allen Kinkead said it happened Sunday about 20 miles into a bicycle trip with five other people in Penn Township, Westmoreland County.A deer darted across the road, slammed into Kinkead and ran off. He doesn't remember the impact but his friends witnessed the whole thing....More >>
  • 76ers owner Harris calls 19-win season 'success'

    76ers owner Harris calls 19-win season 'success'

    PHILADELPHIA (AP) - Philadelphia 76ers owner Joshua Harris calls the 19-win season a success.Harris says he believes the Sixers successfully completed the first step of their painful rebuilding process. He says the Sixers need at least two to four elite players to become a contender again in the NBA.Harris has faith in general manager Sam Hinkie to make the right calls and he gave first-year coach Brett Brown an 'A' for his leadership under trying circumstances.He also thanked the fans for st...More >>
    PHILADELPHIA (AP) - Philadelphia 76ers owner Joshua Harris calls the 19-win season a success.Harris says he believes the Sixers successfully completed the first step of their painful rebuilding process. He says the Sixers need at least two to four elite players to become a contender again in the NBA.Harris has faith in general manager Sam Hinkie to make the right calls and he gave first-year coach Brett Brown an 'A' for his leadership under trying circumstances.He also thanked the fans for st...More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 Worldnow and WFMJ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms