Cabot

The Constitution Pipeline project has been canceled, capping an eight year battle that ends at a time when gas prices have hit historic lows and there’s little need for more natural gas in the Northeast from a greenfield system.

Cabot Oil & Gas Corp. on Friday said tests in the upper Marcellus Shale demonstrate the interval is a “distinct” target with results exceeding “the majority of assets” across Appalachia that’s likely to extend the life of its drilling inventory in Northeast Pennsylvania by over a decade.

Amid considerable weakness in natural gas pricing, Cabot Oil & Gas Corp. will cut back to its previously disclosed maintenance capital program in 2020, a $575 million budget expected to deliver around 2.4 Bcf/d of net production this year.

Amid considerable weakness in natural gas pricing, Cabot Oil & Gas Corp. will cut back to its previously disclosed maintenance capital program in 2020, a $575 million budget expected to deliver around 2.4 Bcf/d of net production this year.

Amid considerable weakness in natural gas pricing, Cabot Oil & Gas Corp. will cut back to its previously disclosed maintenance capital program in 2020, a $575 million budget expected to deliver around 2.4 Bcf/d of net production this year.

UGI Energy Services Inc. has completed the fourth expansion of its flagship Auburn natural gas gathering system in perennially constrained Northeast Pennsylvania.

Appalachian pure-play Cabot Oil & Gas Corp. is girding for what could be another tough year for natural gas, announcing Friday that it’s evaluating plans for either modest growth or a more defensive maintenance program in 2020 to better weather commodity prices if they fall further.

NextEra Energy Partners LP said Monday that it has agreed to acquire a significant ownership stake in the Atlantic Sunrise natural gas pipeline in a deal valued at $1.37 billion.

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.