Appalachian

PennEast Case Advances at U.S. Supreme Court with Broader Implications for Natural Gas Pipelines

PennEast Case Advances at U.S. Supreme Court with Broader Implications for Natural Gas Pipelines

The U.S. Supreme Court has agreed to hear PennEast Pipeline Co. LLC’s case against New Jersey, which has stopped the natural gas project from condemning state-owned land.  The high court on Wednesday granted PennEast’s petition in a win for the project, which has been under development for more than five years. The pipeline is one…

February 5, 2021
CNX Reports Record-Breaking Fourth Quarter Despite Pandemic

CNX Reports Record-Breaking Fourth Quarter Despite Pandemic

Despite a volatile year marred by the Covid-19 pandemic, CNX Resources Corp. said it finished strong, delivering on a more cautious approach implemented early in 2020 when the virus spread across the world and weighed on energy demand.  “2020 marked the most successful year we’ve seen as an” exploration and production company, “and frankly, as…

January 29, 2021
New FERC Chairman Signals Stricter Standards for Further MVP Construction Authorizations

New FERC Chairman Signals Stricter Standards for Further MVP Construction Authorizations

FERC in its monthly meeting Tuesday failed to pass three draft orders for Mountain Valley Pipeline LLC (MVP), a move that could augur poorly for the developer’s expectations to quickly complete construction amid the transition to Democratic leadership at the agency. In recent months, MVP has sought the Federal Energy Regulatory Commission’s blessing to continue…

January 21, 2021
Natural Gas Production in Lower 48 to Continue Falling from January to February, EIA Says

Natural Gas Production in Lower 48 to Continue Falling from January to February, EIA Says

Cumulative natural gas production from seven key U.S. onshore regions is set to fall by 472 MMcf/d from January to February, extending a downtrend that goes back to early 2020, according to updated projections published Tuesday by the Energy Information Administration (EIA). In its latest Drilling Productivity Report, EIA said it expects the Anadarko, Appalachian…

January 19, 2021
Appalachian Consolidation Continues as West Virginia Natural Gas Trade Groups Merge

Appalachian Consolidation Continues as West Virginia Natural Gas Trade Groups Merge

West Virginia’s leading oil and natural gas trade groups have merged in a sign of how the Appalachian Basin has changed in recent years. The merger between the Independent Oil and Gas Association of West Virginia (IOGA) and the West Virginia Oil and Natural Gas Association is set to take effect Jan. 1, when the…

December 31, 2020
Williams Reports Record Appalachian Natural Gas Volumes Amid Stronger Pricing

Williams Reports Record Appalachian Natural Gas Volumes Amid Stronger Pricing

Midstream giant Williams reported record natural gas gathering and processing (G&P) volumes in the Appalachian region during the third quarter, driven by higher prices in the region. Gross gathering volumes for the Northeast G&P segment rose 8% year/year (y/y) to 9.4 Bcf/d, while gross processing plant inlet volumes swelled by 17% to 1.4 Bcf/d, management…

November 3, 2020
Range Remaining Disciplined Despite Improving Natural Gas Outlook

Range Remaining Disciplined Despite Improving Natural Gas Outlook

Range Resources Corp. has ended production curtailments imposed in September and October in response to weak Appalachian natural gas prices, but even with an improved outlook, there are no plans to increase activity. Range cut 210 MMcf/d of natural gas production during the second half of September and most of October as Appalachian storage levels…

November 3, 2020
EQT Restarts Appalachia Natural Gas Volumes, but Warns More Shut-ins Possible

EQT Restarts Appalachia Natural Gas Volumes, but Warns More Shut-ins Possible

EQT Corp., the largest natural gas producer in the Lower 48, said Thursday it has ended another round of curtailments, but management said it won’t hesitate to continue shutting in volumes as low prices warrant.  The Appalachian pure-play had curtailed about 400 MMcf/d beginning Sept. 1, cutting 15 Bcf from third quarter production volumes. The…

October 22, 2020
Cabot Looking for Higher Winter Prices as More Appalachia Natural Gas Volumes Shut-in

Cabot Looking for Higher Winter Prices as More Appalachia Natural Gas Volumes Shut-in

Cabot Oil & Gas Corp. has again curtailed natural production volumes that averaged 372 MMcf/d through the last two weeks of September as it continues to weather weak Appalachian prices.  Shut-in volumes have grown to average 450 MMcfe/d since Oct. 1 in anticipation of better prices soon. Cabot has lowered full-year production guidance to 2.300-2.350…

October 8, 2020
Stream-Crossing Permits Bring New Court Challenges as MVP Awaits Construction Restart

Stream-Crossing Permits Bring New Court Challenges as MVP Awaits Construction Restart

In keeping with an extensive history of persistent legal opposition to Mountain Valley Pipeline LLC (MVP), environmental groups have asked a federal appeals court to stay recently updated waterbody-crossing permits for the 303-mile, 2 million Dth/d natural gas conduit. In petitions filed Monday with the U.S. Court of Appeals for the Fourth Circuit, a coalition…

October 6, 2020