Northeast

Williams Seeking to Connect Permian, Haynesville Gas Supply to Gulf Coast Demand

As natural gas demand increasingly shifts to the Gulf Coast for liquefied natural gas (LNG) exports, Tulsa-based pipeline giant Williams will seek to connect more Lower 48 gas supply to its Transcontinental Gas Pipeline Company LLC (Transco) trunkline over the coming years, executives said Thursday at the company’s analyst day in New York.

December 10, 2019
New York Rejects Transco’s Northeast Supply Enhancement Project

New York Rejects Transco’s Northeast Supply Enhancement Project

Transcontinental Gas Pipe Line Co. LLC (Transco) said it would move quickly to file yet again for a key permit after New York regulators denied an application for the Northeast Supply Enhancement Project, which is now imperiled by the decision and poised for further delays.

May 16, 2019
New York Reinforces Appalachian Natural Gas Blockade, Rejecting Transco Expansion

New York Reinforces Appalachian Natural Gas Blockade, Rejecting Transco Expansion

New York has for now blocked even more Appalachian shale gas from entering the state after denying a key permit for the Northeast Supply Enhancement Project.

May 16, 2019
Marcellus Drove Double-Digit Production Gains for Cabot in First Quarter

Marcellus Drove Double-Digit Production Gains for Cabot in First Quarter

Cabot Oil & Gas Corp. exceeded the high-end of its first quarter guidance, producing 2.276 Bcfe/d, or 21% more than it did at the same time last year, as its Marcellus Shale assets in Northeast Pennsylvania continued to outperform.

April 30, 2019
Appalachian Prices Poised to Shake Off Shoulder Season Slump as Takeaway Grows

Appalachian Prices Poised to Shake Off Shoulder Season Slump as Takeaway Grows

As major expansions like the 3.25 Bcf/d Rover Pipeline and 1.7 Bcf/d Atlantic Sunrise approach full service, further growing Appalachian takeaway capacity, the wide basis differentials that once dogged the historically constrained Marcellus and Utica shale region are shrinking — a trend that could come into sharp relief this shoulder season.

September 6, 2018
Shoulder Season In-Basin Pricing Poised to Look Very Different for Appalachian Producers

Shoulder Season In-Basin Pricing Poised to Look Very Different for Appalachian Producers

Even with Northeast output surging, recent bidweek and forwards trading suggests pipeline infrastructure is finally catching up and shrinking the wide basis differentials that once dogged producers in the Marcellus and Utica shales — a trend that could come into sharp relief this shoulder season.

September 5, 2018

View Northeast E&Ps Through Holistic Lense, Says Analyst

Against a backdrop of surging natural gas production and pipeline capacity expansions competing to tap demand growth in the Southeast and Gulf Coast, understanding the energy space requires a holistic approach informed by both equity and commodity markets, according to East Daley Capital Advisors President Jim Simpson.

June 21, 2018
Bomb Cyclone Should Prompt More Northeast Gas Infrastructure, Says API Chief

Bomb Cyclone Should Prompt More Northeast Gas Infrastructure, Says API Chief

As the Trump administration eyes an infrastructure initiative, it should include natural gas pipelines too, a necessity underscored by the recent cold snap, i.e. bomb cyclone, which brought the Northeast to a standstill, American Petroleum Institute (API) CEO Jack Gerard said Tuesday.

January 11, 2018

Mixed Changes in Overnight Weather Data; December Called 2 Cents Lower

December natural gas is set to open about 2 cents lower Tuesday, keeping Monday’s 15-cent surge largely intact amid some mixed changes overnight in the weather data. Overnight oil markets were mixed.

November 7, 2017

Pipeline Expansions Outpacing Production Forecast, Means Upside for Northeast Supply, Say Analysts

The current slate of Marcellus and Utica shale takeaway expansions exceeds expected supply growth, a dynamic that points to shrinking Appalachian basis differentials and major upside for regional production over the next few years, according to analysts with Raymond James & Associates Inc.

September 25, 2017