Equitrans Midstream owns two natural gas storage wells in the Swarts Complex and Hunters Cave Storage Fields area of Greene County, PA–in Center, Franklin, Morris, and Washington Townships. CONSOL Energy, which used to be part of CNX Resources but is now a standalone company focusing on the coal industry, plans to mine coal above and…
Read More...National Fuel Gas Company (NFG), headquartered in Buffalo, NY, is the parent company for Marcellus/Utica driller Seneca Resources and the parent of midstream company Empire Pipeline. Yesterday, NFG issued its latest quarterly update. NFG operates on a weird fiscal year system. This latest update is for the company’s third quarter, which would be everybody else’s…
Read More...Williams, one of the largest pipeline companies in the world, issued its second quarter update yesterday. The company reported 2Q23 net income of $515 million, up 5% from 2Q22. The company had record high gathering volumes of 18.03 Bcf/d. The company provided updates for two important Marcellus/Utica projects. (1) Williams continues constructing the Regional Energy…
Read More...Energy Transfer (ET) is one of the country’s largest midstream (pipeline) companies. ET is the builder and operator of important pipelines in the Marcellus/Utica region, including Rover, natgas pipeline through Ohio delivering M-U molecules to the Midwest, Canada, and beyond, and the Mariner East pipelines that deliver NGLs from Eastern Ohio and PA to the…
Read More...Equitrans Midstream issued its second quarter update yesterday, and WOW, what an update! The company had lots to talk about following the high drama surrounding its Mountain Valley Pipeline (MVP) project over the past couple of months. Equitrans CEO Tom Karam said following the U.S. Supreme Court’s intervention, construction has now resumed on MVP and…
Read More...In February 2022, Equitrans Midstream announced it had filed a new pipeline expansion project with the Federal Energy Regulatory Commission (see Equitrans Files New $160M Pipe Expansion Project with FERC). Called the Ohio Valley Connector Expansion Project (or OVCX), the $160 million project will add compression along Equitrans pipelines in Pennsylvania, Ohio, and West Virginia…
Read More...DT Midstream (DTM), headquartered in Detroit, owns major assets in the Marcellus/Utica region and other regions. DTM issued its second quarter 2023 update yesterday. The company announced it had reached a final investment decision (FID) to build a new greenfield gathering system in the Ohio Utica Shale. The gathering system will transport associated gas from…
Read More...In late 2015, MPLX (i.e., Marathon Petroleum) bought out and merged in the Utica Shale’s premier midstream company, MarkWest Energy, for $15 billion (see MarkWest Energy Investors/Unitholders Approve Merger with Marathon). The “new” MarkWest, aka MPLX, plays on a much larger stage now, including ownership and operation of major assets in the Permian Basin and…
Read More...Eureka Resources, which operates three frack wastewater treatment facilities in the Marcellus Shale (and building a fourth facility in Dimock, PA), is doing really cool stuff. In October 2019, the company began extracting lithium from Marcellus wastewater at one of its plants in Bradford County, PA (see Marcellus Wastewater Plant in PA Extracts 1st Batch…
Read More...In an act of Supreme justice, the Chief Justice of the U.S. Supreme Court, John Roberts, issued an order yesterday overturning the stays imposed by the U.S. Court of Appeals for the Fourth Circuit (4th Circuit) that were blocking the completion of the 94% done Mountain Valley Pipeline (MVP). Let the bulldozers start their engines!…
Read More...TC Energy, formerly TransCanada Corporation, has been in the news all week. Tuesday morning, a portion of the Columbia Gas Transmission pipeline (owned by TC Energy) in rural western Virginia exploded and caught fire (see Columbia Gas Pipeline Near Interstate 81 in Va. Explodes, Big Fire). A day later, TC Energy announced it is selling…
Read More...Tuesday morning, a portion of the Columbia Gas Transmission pipeline in rural western Virginia exploded and caught fire (see Columbia Gas Pipeline Near Interstate 81 in Va. Explodes, Big Fire). Fortunately, the blast did not hurt nearby residents, nor were there any injuries among first responders who helped extinguish the fire. However, Columbia shut down…
Read More...The problem with the pay-for-protection scam is that it never stops. A mobster comes calling on a business, and for a “small” and regular fee, the mobster will guarantee nothing “happens” to the business. “Just think of it as insurance.” It’s a shakedown–a scam. And over the years, the price keeps going up. What if…
Read More...Earlier this week, we told you that North Carolina Gov. Roy “Dud” Cooper does what the wacko left tells him to do, namely oppose the Mountain Valley Pipeline Southgate project (see NC Leftist Gov. Cooper Asks FERC to Deny MVP Southgate More Time). He isn’t the only one. Some 52 North Carolina State House and…
Read More...Talk about bad luck. On Monday, TC Energy announced it had sold a 40% stake in its Columbia Gas Transmission pipeline subsidiary to Global Infrastructure Partners for $3.9 billion (see TC Energy Sells 40% Interest in Columbia Pipeline to Investor GIP). Yesterday, a portion of the Columbia Gas Transmission pipeline in rural western Virginia–in Shenandoah…
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