Appalachia

Infrastructure constraints and a slow pace of project approvals have hampered natural gas production growth, but rising output is coming – albeit at a slower pace and higher price, industry executives said earlier this month in Houston. Goldman Sachs’ Samantha Dart, head of natural gas research, said dry gas growth was the “single biggest contributor”…

Thailand’s Banpu Kalnin Ventures Corp. (BKV) and BKV-BPP Power LLC are working to certify natural gas produced in the Lower 48 initially to fuel a power plant in Central Texas. Denver-based exploration and production (E&P) company BKV purchased the Temple I power plant north of Austin for $430 million in November with Banpu Power US…

A jump in forecasted natural gas production, along with inflationary pressures, will find CNX Resources Corp. spending more this year to execute a long-term plan that remains on track after the company turned in a solid 2021.  Management said operating efficiencies have improved markedly over the last two years across its assets in the Appalachian…

With the heart of the winter heating season poised to deliver impressive chills for key portions of the Lower 48, natural gas forward prices surged higher during the Jan. 5-12 trading period, though a sharp sell-off for Nymex futures Thursday suggested recent gains may have been overdone. Fixed price Henry Hub contracts for February delivery…

The 2 Bcf/d Mountain Valley Pipeline (MVP) project has received a key water quality certification (WQC) from West Virginia, but environmental groups have filed yet another lawsuit against the approval.  The pipeline would move Appalachian natural gas to the southeast via a 303-mile route through West Virginia and Virginia.  The Sierra Club and other environmental…

Higher natural gas prices were a positive for natural gas producers in the Appalachian Basin in 2021, but ongoing “uncertainties” threaten the industry’s long-term growth prospects.

A UGI Corp. subsidiary is expanding its footprint in Appalachia with the $190 million purchase of midstream assets in Butler County, PA, from Stonehenge Energy Holdings LLC. The deal announced Tuesday to acquire Stonehenge Appalachia LLC includes more than 47 miles of pipeline and associated compression assets, along with gathering capacity of 130 MMcf/d. “When…

More Lower 48 producers and increasingly, midstream operators, are looking to Project Canary to earn environmental certification for their natural gas supplies. Related entities Tug Hill Operating LLC and XcL Midstream Operating LLC, which principally operate in West Virginia’s Marshall and Wetzel counties, have partnered to gain the responsibly sourced gas (RSG) designation across all…

Led by growth out of the Haynesville Shale, natural gas production from seven key U.S. onshore regions is set to climb from November to December, according to updated projections from the Energy Information Administration (EIA). Total natural gas production from the Anadarko, Appalachia and Permian basins, as well as from the Bakken, Eagle Ford, Haynesville…