Equitrans Midstream Corp. is making headway to increase natural gas connectivity in the Appalachian Basin, with management evaluating shipper interest received during a recent open season. The binding open season was related to Equitrans’ transmission system. It would increase shipper access to downstream markets in the Midwest and Gulf Coast, primarily through existing delivery interconnects…
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The Mountain Valley Pipeline’s (MVP) planned in-service date has slipped to 2022, and the total cost for the prolonged construction of the project has swelled to around $6.2 billion, management for sponsor Equitrans Midstream Corp. (ETRN) said Tuesday. Discussing the midstreamer’s 1Q2021 financial results in a conference call with analysts, COO Diana Charletta said the…
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.
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.
Operations were back to normal on Wednesday in the Appalachian Basin, only days after MarkWest Energy Partners LP declared a force majeure following an operational issue at its Hopedale Fractionation Facility in southeast Ohio that knocked out a large amount of natural gas production.
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.