Appalachian

Antero Ready to Capture LNG Upside as Calls for U.S. Exports Grow

Antero Ready to Capture LNG Upside as Calls for U.S. Exports Grow

Appalachian Basin pure-play Antero Resources Co. is betting on continued high natural gas prices, driven by a “structural shift” in the relationship between U.S. prices and storage levels, CEO Paul Rady said last week. “The primary driver behind this shift is the supply side,” Rady told analysts during a call to discuss first quarter earnings.…

May 4, 2022
CNX Extends Contract for Electric Fracturing Fleet in Appalachia

CNX Extends Contract for Electric Fracturing Fleet in Appalachia

CNX Resources Corp. said Tuesday it would extend a long-term agreement with Evolution Well Services to continue utilizing an all-electric fracturing fleet in the Appalachian Basin. COO Chad Griffith said after four years of working with Evolution’s fleet the “safety, environmental and efficiency benefits” have been clearly demonstrated. CNX holds more than one million Marcellus…

April 27, 2022
Appalachia on Pace to Lead Lower 48 Natural Gas Output Growth in April, Says EIA

Appalachia on Pace to Lead Lower 48 Natural Gas Output Growth in April, Says EIA

Led by incremental growth in the Appalachian Basin, major Lower 48 drilling regions are set to raise natural gas output by more than 500,000 MMcf/d in April, according to updated modeling from the Energy Information Administration (EIA). Total natural gas production from seven key U.S. regions will grow by 594 MMcf/d month/month to reach an…

March 14, 2022
Pennsylvania Natural Gas Production Growth Slows in Late 2021

Pennsylvania Natural Gas Production Growth Slows in Late 2021

Unconventional natural gas production volume growth in Pennsylvania decelerated during the fourth quarter according to the state’s Independent Fiscal Office (IFO). IFO reported horizontal gas well production volume of 1.949 Tcf for 4Q2021, representing a 6.7% year/year growth rate. That was lower than the 7.2% uptick that data showed for 3Q2021. For 2021, IFO said…

February 25, 2022
With 1 Bcf/d Now Certified, Seneca Ready to Differentiate All Appalachian Natural Gas Output

With 1 Bcf/d Now Certified, Seneca Ready to Differentiate All Appalachian Natural Gas Output

Seneca Resources Co. LLC on Tuesday said 100% of its Appalachian natural gas production, which is 1 Bcf/d gross, has been deemed certified under performance targets set by Equitable Origin (EO). The exploration and production (E&P) arm of National Fuel Gas Co. (NFG) said the achievement was completed under the EO100 Standard for Responsible Energy…

January 12, 2022
Restoring Lands Impacted by Scuttled Appalachian Natural Gas Pipelines to Cause Minimal Impacts, FERC Affirms

Restoring Lands Impacted by Scuttled Appalachian Natural Gas Pipelines to Cause Minimal Impacts, FERC Affirms

Restoration projects for the now canceled Atlantic Coast Pipeline (ACP) and Supply Header Project (SHP), which would have carried 1.5 Bcf/d from Appalachia, are unlikely to cause significant environmental impacts based on the mitigation measures planned, according to FERC. Dominion Energy and joint venture partner Duke Energy last year canceled the 600-mile, 1.5 Bcf/d ACP,…

December 27, 2021
TC Energy Sees North America Natural Gas Demand Rising 25% by 2030

TC Energy Sees North America Natural Gas Demand Rising 25% by 2030

TC Energy Corp. expects North American natural gas demand to grow 25% by 2030, a top pipeline executive told investors earlier this month. Demand would mainly be driven by coal-to-gas switching in the power sector and global demand for liquefied natural gas (LNG), TC’s Tracy Robinson, president of the Canada natural gas pipelines unit, said…

December 13, 2021
RSG Seen as Key to Unlocking More Natural Gas Export Demand in Developed Countries

RSG Seen as Key to Unlocking More Natural Gas Export Demand in Developed Countries

Responsibly-sourced natural gas (RSG) is key to unlocking more demand for the fuel overseas, but largely in countries that can afford it, according to a panel of U.S. producers and exporters that spoke in Washington, DC, earlier this month. “RSG is a contract between a region that is privileged to have the supply and a…

November 24, 2021
Lower 48 Natural Gas Giant EQT Posts Sharp 3Q Loss, but Dealmaking to Cut Transport Costs

Lower 48 Natural Gas Giant EQT Posts Sharp 3Q Loss, but Dealmaking to Cut Transport Costs

EQT Corp., which on Thursday reported a larger year/year loss for the third quarter, said that it expects a pair of 2021 deals to lower its firm gas transportation costs by about 5 cents/Mcfe going forward. In one deal, EQT reached an agreement to sell down up to 525 million Dth/d firm transportation capacity on…

October 28, 2021
TGP, Southwestern Aiming to Deliver Certified Appalachian Natural Gas to Northeast Markets

TGP, Southwestern Aiming to Deliver Certified Appalachian Natural Gas to Northeast Markets

Tennessee Gas Pipeline (TGP) and Southwestern Energy Co. have clinched an agreement to move certified natural gas supply to the Northeast beginning in November. Kinder Morgan Inc. subsidiary TGP, through its existing system, would transport Southwestern’s  Appalachia supply that is certified as responsibly sourced gas (RSG). Certified gas is produced and transported by companies whose…

September 24, 2021
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