Appalachian

Average Henry Hub Natural Gas Spot Price Shoots to 14-Year High in 2022

Average Henry Hub Natural Gas Spot Price Shoots to 14-Year High in 2022

U.S. natural gas prices have had a remarkably soft winter so far, but the whole of 2022 tells a completely different story. In 2022, the wholesale U.S. natural gas spot price at Henry Hub averaged $6.45/MMBtu, the highest level since 2008, according to the Energy Information Administration (EIA) based on data from Refinitiv Eikon. This…

January 9, 2023
‘Continuing Headwinds’ Seen for Manchin Permitting Bill as Senate Vote Looms

‘Continuing Headwinds’ Seen for Manchin Permitting Bill as Senate Vote Looms

With the clock ticking, it remained unclear Tuesday whether Sen. Joe Manchin (D-WV) would secure the votes needed to pass a controversial permitting reform bill supported by the natural gas industry. The Senate Appropriations Committee released the text Monday evening of a continuing resolution (CR) to fund the federal government that must be passed by…

September 27, 2022
CPV Proposes 1,800 MW Plant for Natural Gas-Rich West Virginia Using CCS

CPV Proposes 1,800 MW Plant for Natural Gas-Rich West Virginia Using CCS

Competitive Power Venture Inc. (CPV) has proposed a 1,800 MW combined-cycle natural gas power plant in West Virginia that could allow the Appalachian Basin production leader to create and distribute more low-carbon power. CPV announced the potential $3 billion investment in Charleston, WV, earlier this month alongside Sen. Joe Manchin (D-WV). Maryland-based CPV also disclosed…

September 20, 2022
Natural Gas Pipeline Defect, Inadequate CP Contributed to Fatal 2019 Tetco Blast, Says NTSB

Natural Gas Pipeline Defect, Inadequate CP Contributed to Fatal 2019 Tetco Blast, Says NTSB

A manufacturing defect, a degraded coating and an ineffective corrosion prevention system contributed to a fatal explosion and fire on Enbridge Inc.’s Texas Eastern Transmission (Tetco) natural gas pipeline near Danville, KY, the National Transportation Safety Board (NTSB) said last week. The August 2019 Tetco Line 15 rupture and subsequent fire caused one death and…

September 20, 2022
Haynesville Leading Domestic Natural Gas Production Higher in Latest EIA Projections

Haynesville Leading Domestic Natural Gas Production Higher in Latest EIA Projections

Natural gas production from seven key U.S. onshore regions is set to surge to slightly shy of 94 Bcf/d from August to September, with the largest share of incremental output growth expected from the Haynesville Shale, according to updated projections from the Energy Information Administration (EIA). Total natural gas output from the seven regions tracked…

August 16, 2022
More Natural Gas Output Growth Expected from U.S. Onshore in August, EIA Says

More Natural Gas Output Growth Expected from U.S. Onshore in August, EIA Says

Natural gas production from seven key U.S. onshore regions is set to rise 748 MMcf/d month/month to just over 93 Bcf/d in August, according to updated modeling from the Energy Information Administration (EIA). The Appalachian Basin and the Haynesville Shale are poised to experience the most natural gas output growth from July to August, with…

July 18, 2022
Southwestern Energy, Uniper Clinch Agreement for Certified Natural Gas Supply, LNG Exports

Southwestern Energy, Uniper Clinch Agreement for Certified Natural Gas Supply, LNG Exports

Southwestern Energy Co. said Tuesday it has a deal with the North American subsidiary of Uniper SE to supply independently certified natural gas for domestic and international distribution. The agreement pairs Southwestern, the second largest U.S. natural gas producer, with an affiliate of Uniper, one of Germany’s largest energy supply companies, at a time when…

June 14, 2022
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
‹ Previous 1 2 3 31