Marcellus

Range Resources CEO Says Marcellus, Utica Shales Vital to Stabilize Natural Gas Markets

Range Resources CEO Says Marcellus, Utica Shales Vital to Stabilize Natural Gas Markets

Range Resources Corp. is “in the best position in the company’s history” amid a tightly supplied global natural gas market, CEO Jeff Ventura said Tuesday. Fort Worth, TX-based Range is among the country’s largest natural gas producers, with nearly one million net acres in Pennsylvania targeting the Marcellus, Utica and Upper Devonian shale formations. “As…

October 26, 2022
Capacity, Production, Weather: The Trifecta Impacting Appalachia Natural Gas Prices – Winter Rate Spikes: Part 4

Capacity, Production, Weather: The Trifecta Impacting Appalachia Natural Gas Prices – Winter Rate Spikes: Part 4

In a colder-than-average winter, the U.S. Energy Information Administration (EIA) reported the average household could spend as much as 51% more on natural gas this winter compared with last year

October 20, 2022

Correction

In the story, Southeast Utilities Pursue Rate Hikes Amid High Natural Gas Prices, Infrastructure Costs – Winter Rate Spikes: Part 3, the name of Chattanooga Gas Corp. and Georgia Power’s parent company – Southern Company – was misstated. NGI regrets the error.

October 17, 2022
Slowdown in GOM Sends U.S. Drilling Tally Lower in Latest BKR Count

Slowdown in GOM Sends U.S. Drilling Tally Lower in Latest BKR Count

Driven by a slowdown in the Gulf of Mexico (GOM), the U.S. rig count fell three units to 762 for the week ended Friday (Oct. 7), according to updated numbers from oilfield services provider Baker Hughes Co. (BKR). Declines in the United States included two oil-directed rigs and one natural gas-directed rig. One rig was…

October 7, 2022
Appalachian Basin Engineers Studying Hydrogen Transport in Natural Gas Pipelines

Appalachian Basin Engineers Studying Hydrogen Transport in Natural Gas Pipelines

How to safely and securely transport hydrogen through natural gas infrastructure is the focus of a new research partnership between the University of Pittsburgh (Pitt) Swanson School of Engineering and utility Peoples Natural Gas. “Hydrogen has the potential to transform the way we heat our homes and power our businesses, using the existing natural gas…

September 26, 2022
Crestwood Pulling Out of Marcellus with Sale to Antero

Crestwood Pulling Out of Marcellus with Sale to Antero

Antero Midstream Corp. plans to acquire the Marcellus Shale natural gas gathering and compression assets owned by Crestwood Equity Partners LP (CEQP), the companies reported Monday. The $250 million bolt-on acquisition, which requires regulatory approval, would boost Appalachian Basin pure-play Antero’s gas compression capacity by 20% and gas compression mileage by 15%, said management. CEQP…

September 14, 2022
Quantum Energy Partners to Take Major Position in EQT After $5.2B Transaction

Quantum Energy Partners to Take Major Position in EQT After $5.2B Transaction

EQT Corp. said late Tuesday it would bolt-on 90,000 net acres and associated midstream assets in West Virginia in a cash and stock transaction valued at $5.2 billion. EQT, the nation’s largest natural gas producer, is acquiring upstream assets from THQ Appalachia I LLC and midstream assets from THQ XcL Holdings I LLC. Both companies…

September 7, 2022
Proposed Pennsylvania LNG Export Terminal in Talks to Commercialize Project

Proposed Pennsylvania LNG Export Terminal in Talks to Commercialize Project

An East Coast LNG export terminal that would tap into vast amounts of feed gas from the Appalachian Basin is aiming to pre-file with federal regulators by the end of the year and reach a final investment decision by 2024. The 7.2 million metric tons/year (mmty) facility would be located at a yet-to-be-determined site along…

August 31, 2022
U.S. Natural Gas Activity Slows Modestly, Oil Tally Grows on Permian Gains

U.S. Natural Gas Activity Slows Modestly, Oil Tally Grows on Permian Gains

The U.S. natural gas rig count fell one unit to 158 for the week ended Friday (Aug. 26), while a round of gains in the oil patch lifted the combined domestic drilling tally three units higher to 765, according to the latest data from oilfield services provider Baker Hughes Co. (BKR). Week/week changes domestically included…

August 26, 2022
Shell, Equinor and U.S. Steel Partnering on CCUS, Hydrogen Hubs in Appalachia

Shell, Equinor and U.S. Steel Partnering on CCUS, Hydrogen Hubs in Appalachia

European-based supermajors Equinor ASA and Shell plc are collaborating with United States Steel Corp. to advance “decarbonization opportunities” in the Pennsylvania, Ohio and West Virginia region. U.S. Steel, as it is known, said the cooperation agreement with Equinor US Holdings Inc. and Shell US Gas & Power LLC would include carbon capture utilization and storage…

August 25, 2022
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