Pennsylvania Attorney General (AG) Josh Shapiro on Thursday said a two-year grand jury investigation into unconventional natural gas development uncovered “systematic failure” by regulators to protect the public from the risk of industry operations. The grand jury report recommended new state laws to better protect water supplies and manage air pollution. “This report is about…
Northeast
Articles from Northeast
EIA Cites Dramatic Improvements in U.S. Onshore Drilling Efficiency Amid Record 2019 Oil, Natural Gas Output
Surging U.S. crude oil and natural gas production over the last decade or so has been accompanied by dramatic improvements in onshore drilling efficiency, the Energy Information Administration (EIA) said Thursday. Oil and gas output each hit all-time highs in 2019, even as the average monthly rig count and number of wells drilled per month…
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.
NGI The Weekly Gas Market Report
Lower 48 Associated Gas, Market Forces Seen Muscling Out Appalachian Growth
Growth prospects for Appalachian operators remain limited as the natural gas outlook continues to dim on a variety of factors, according to a panel of analysts from Bank of America Merrill Lynch (BofAML), which recently shared its forecast at the LDC Gas Forums Northeast in Boston.
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.
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.
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.
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.
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.
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.