Equitrans Midstream Corp. said in a regulatory filing on Monday its largest customer, EQT Corp., is temporarily curtailing 1.4 Bcf/d of production in Ohio and Pennsylvania.
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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.
Equitrans Midstream Corp. CEO Thomas Karam said Tuesday he’s encouraged by the strategy EQT Corp.’s management team unveiled last week, saying it could partly insulate the company from a downturn if commodity prices continue to slide and curb more activity in the Appalachian Basin.
Mountain Valley Pipeline (MVP) is unlikely to enter service this year as its backers continue to grapple with a morass of regulatory issues that will take more time to resolve, lead sponsor Equitrans Midstream Corp. said this week.
Equitrans Midstream Corp. said Thursday that it has reached a deal with Morgan Stanley Infrastructure Partners to acquire two midstream systems in the Appalachian Basin for $1.03 billion, marking its first strategic transaction since it separated from EQT Corp. late last year.
Mountain Valley Pipeline LLC (MVP) on Thursday reaffirmed that it’s on track to meet a targeted late 2019 in-service date, announcing that it now expects to have 70% of the project finished by the end of this year.
EQT Corp. said Tuesday it has finally completed the complex spinoff of its midstream business into a separate publicly traded company.
FERC said in a notice late last week that it is pushing back its environmental review schedule for the Mountain Valley Pipeline (MVP) and related Equitrans Expansion Project (EEP) by a little over three months.
FERC has granted Equitrans LP permission to bring online the Ohio Valley Connector (OVC) pipeline. It traverses West Virginia and ends in Ohio, and it will transport natural gas produced in the Appalachian Basin to market.
FERC issued a draft environmental impact statement (DEIS) for the Mountain Valley Pipeline (MVP) and the related Equitrans Expansion Project (EEP) on Friday, adding that while the projects would result in some adverse environmental impacts, they could be adequately mitigated.