Consol Energy Inc. on Monday marked a transformative step to advance its natural gas-weighted exploration and production (E&P) business in the Appalachian Basin, not to split the coal operations as some had anticipated, but rather to sell a big coal subsidiary and shift from exploration to exploitation in the Marcellus, Utica and Upper Devonian shales.
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Articles from Utica Shale
Report: $40B of Midstream Projects Planned in Marcellus, Utica
Midstream companies are planning to spend about $40 billion, mostly over the next three to five years, on infrastructure projects in Ohio, Pennsylvania and West Virginia to serve the Marcellus and Utica shales, according to a comprehensive analysis by Marcellus Drilling News (MDN).
Bluegrass Marcellus-to-Gulf Coast System Readies Open Season
Bluegrass Pipeline LLC, which would carry natural gas liquids (NGL) from the Marcellus and Utica shales to petrochemical and export facilities on the Gulf Coast, is launching a binding open season Tuesday (Oct. 29) and running through Dec. 16.
EPA Touts Algonquin AIM Project’s ‘Air Quality Benefits’
The Environmental Protection Agency’s (EPA) office in New England says it appreciates the air quality benefits that will accrue from Algonquin Gas Transmission’s Incremental Market (AIM) expansion slated to bring 342,000 Dth/d to the region, while at the same time expressing some concerns about other potential environmental impacts.
PUC Wants Monitoring, More Staff at Compressor Stations
Pennsylvania’s top utility regulator wants pipeline companies to use real-time monitoring and post additional employees at compressor stations in order to safeguard against, or actively handle, potential incidents.
Cabot Planning Stock Buyback, Ramped-Up Drilling
Cabot Oil & Gas Corp. plans to repurchase up to 10 million shares of its stock to generate cash flow and ramp up drilling in the Marcellus and Eagle Ford shales as it moves forward from one of the best quarters in its history, executives said Friday.
Appalachia-Focused EQT’s Output Climbs, Profits Accelerate
EQT Corp., whose tentacles in the Appalachian Basin stretch into exploration and production (E&P), midstream operations and commercial applications, said Thursday oil and natural gas production in 3Q2013 rose 42% year/year, with Marcellus Shale output up by almost three-quarters.
Producer Drops Plans to Drill in Pennsylvania Township
A Michigan operator that wanted to drill for oil and gas in Bucks County, PA, is abandoning the effort and bringing a six-year-long legal battle to a close.
More Than 1.4 Bcf/d of New Capacity Opening in Northeast
Tennessee Gas Pipeline and Texas Eastern Transmission are ready to “let ‘er rip” Nov. 1, opening up more than 1.4 Bcf/d of new pipeline capacity to New York, New Jersey and New England.
Kinder Morgan: More Marcellus/Utica Opportunities to Come
The way that production has been climbing in Marcellus-Utica Shale country, there could be enough to support two pipeline projects to carry natural gas liquids (NGL) from the region to the Gulf Coast, a Kinder Morgan executive allowed during an earnings conference call Wednesday. And the company is weighing other projects to move the region’s output into the Northeast.