EQT Corp. on Monday bumped up its 2017 production guidance on longer lateral lengths, an increased Marcellus Shale type curve and higher anticipated natural gas liquids volumes than previously forecast.
Liquids
Articles from Liquids
Shale-Rich Pennsylvania Poised to Be Keystone in Plastics, Petchem Market
Pennsylvania has a “once-in-a-generation opportunity” to snare between $2.7 billion and $3.7 billion in natural gas liquid (NGL) investment, sparking a “manufacturing renaissance” that includes more ethane cracking plants, petrochemical and plastics facilities, Gov. Tom Wolf said Tuesday.
Chevron Canada Awards Calgary’s Pembina a Duvernay Infrastructure Franchise
A 20-year Alberta shale gas liquids processing and transportation deal announced Thursday has potential to sire a multibillion-dollar chain of high-volume facilities, Calgary-based Pembina Pipeline Corp. predicted.
Correction
An article in the Oct. 10 edition of NGI’s Shale Daily, “Southwestern’s Fayetteville Assets Still Struggling to Compete with Appalachia,” incorrectly stated that Southwestern Energy Co. was West Virginia’s largest liquids producer and its third largest gas producer in 2015. According to an analysis of state production data by the West Virginia Geological and Economic Survey (WVGES), Southwestern was the state’s largest Marcellus liquids producer, reporting 2.5 million bbl of oil and natural gas liquids last year. It was the state’s third largest Marcellus gas producer, reporting 111.3 Bcf, according to WVGES.
MPLX’s Cornerstone Pipeline Now Moving Utica Shale Liquids
Condensate is flowing on MPLX LP’s Cornerstone Pipeline system, which is designed to move liquids from processing facilities in Harrison County, OH, to Marathon Petroleum Corp.’s (MPC) refinery in Canton, OH.
Correction
In a story published July 1, “Appalachian Basin Lacks Adequate NGL Storage, Pipelines For Demand, More Crackers” (see Shale Daily,June 30), NGI’s Shale Daily incorrectly stated that Sunoco Logistics Partners LP’s Mariner East 1 natural gas liquids pipeline could eventually be converted to carry natural gas if an expansion pipeline is built. Senior Vice President for Business Development Joseph Colella said that if the Mariner East 2X pipeline is built, the Mariner East 1 pipeline currently in service could be converted to natural gasoline or become a bidirectional line for refined products, such as gasoline, diesel or jet fuel, for example. All three Mariner East pipelines would have a combined natural gas liquids capacity of up to 745,000 b/d, and could not be scaled higher, as the article originally said. NGI regrets the errors.
U.S. Onshore Liquids Output Seen Ramping Up Sooner, Bottoming at Higher Rate
U.S. oil supply growth has begun to moderate, but better-built wells could keep domestic supply in 2018 at close to 2014 levels, even with fewer rigs, Raymond James & Associates analysts estimated.
Montney in ‘Top Five’ of Natural Gas Fields on Planet, Says Encana
The Montney formation by 2020 is expected to grow to 7 Bcf/d, representing 38% of the Western Canadian Sedimentary Basin’s production, and Encana Corp. expects to be leading the charge, executives said Tuesday.
Montney in ‘Top Five’ of Natural Gas Fields on Planet, Says Encana
The Montney formation by 2020 is expected to grow to 7 Bcf/d, representing 38% of the Western Canadian Sedimentary Basin’s production, and Encana Corp. expects to be leading the charge, executives said Tuesday.
West Virginia NatGas Output Shows Dramatic Gain to 1 Tcf in 2014; More on the Way
Liquids and natural gas production in West Virginia took a major leap forward in 2014, the latest year for which data is available, with the Marcellus Shale driving gas volumes to more than 1 Tcf for the first time in the state.