Equitrans Midstream Corp., the nation’s third largest natural gas gatherer, plans to cut spending next year as activity slows down in the Appalachian Basin, where all of its operations are focused.
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Western Canadian NatGas Still Challenged by Growing American Output, NGTL Says
Western Canadian natural gas will continue to face stiff competition from unconventional American production, according to the operator of the supply collection grid in Alberta and British Columbia (BC).
Appalachia’s Keystone Clearwater Returning to NatGas Industry Owners
Pennsylvania-based Keystone Clearwater Solutions LLC, a water management firm working in the Appalachian Basin, is again changing hands via an acquisition by SC Water LLC.
MVP Costs Again Increase on Regulatory Delays
EQM Midstream Partners LP (EQM) on Tuesday again said the Mountain Valley Pipeline (MVP) would cost more to construct and take longer to enter service as legal issues continue to cause delays.
Appalachian Industry Report Finds Big Consumer Savings in NatGas Boom
The boom in U.S. unconventional natural gas production, particularly growth from the Appalachian Basin, has led to significant savings for residential, commercial and industrial end-users across the country, according to a study commissioned by two Ohio-based industry groups.
MVP Service Again Delayed as Project Price Now Exceeds $5B
EQM Midstream Partners LP (EQM) on Tuesday again said the Mountain Valley Pipeline (MVP) would cost more to construct and take longer to enter service as legal issues continue to cause delays.
PennEast, MVP Pipeline Projects Again Hit Roadblocks
Two major natural gas pipeline projects that would serve robust shale production in the Appalachian Basin and have faced significant setbacks in recent years were again stymied last week.
Outlook Dims for Appalachian E&Ps on ‘Horrible’ Natural Gas Price Cycle
The outlook for Appalachian producers continues to deteriorate as the lid on natural gas prices shows no signs of budging, which is testing the strategy of operators throughout the basin.
MVP ‘Doing the Right Thing,’ Limiting Construction to Preserve Habitats
Mountain Valley Pipeline LLC’s (MVP) decision to do “the right thing” and halt construction at points across its 300-mile route to better protect endangered species appears to have satisfied federal regulators and has for now staved off a stop-work order for the entire project.
Cabot to Cut Spending, Production in 2020 as Natural Gas Market Weakens
Cabot Oil & Gas Corp. said Friday it would slightly increase spending this year to push out laterals and utilize three rigs contracted for the remainder of 2019, but it plans to cut the budget and grow production at a more moderate rate in 2020 on weak commodity prices.