DT Midstream (DTM), headquartered in Detroit, owns major assets in the Marcellus/Utica region and other regions like the Haynesville. DTM issued its third quarter 2024 update last week. Of high interest to us was the announcement that DTM is upsizing a previously announced project to connect its Stonewall Gathering System to Equitrans Midstream’s (now EQT)…
Read More...Last November, MDN brought you the news that pipeline giant Williams planned to proceed with a new Transco pipeline expansion project called the Southeast Supply Enhancement Project (see Transco Expansion to Add 1.4 Bcf/d Capacity to Flow M-U Gas South). The project was estimated to flow an extra 1.43 Bcf/d (billion cubic feet per day)…
Read More...EQT Corporation delivered its third quarter 2024 update yesterday. The big focus for EQT during 3Q was closing on the purchase and beginning the reintegration of its long-lost midstream division, called Equitrans Midstream (owner of the Mountain Valley Pipeline). CEO Toby Rice said, “All cylinders are firing,” and that 60% of the tasks needed for…
Read More...The Algonquin Gas Transmission pipeline (owned by Enbridge) transports up to 3.09 Bcf/d of natural gas through 1,131 miles of pipeline. Algonquin connects to Texas Eastern Transmission (TETCO), Millennium Pipeline, and Maritimes & Northeast Pipeline and supplies New England with critically needed natural gas supplies for power generation and consumer use. We told you in…
Read More...Two different subsidiaries of National Fuel Gas Company (NFG), Seneca Resources (shale driller) and National Fuel Gas Midstream Company (gathering pipelines), were certified by two different certification authorities, MiQ and Equitable Origin, respectively. Yesterday, NFG announced both companies have been recertified by their respective authorities. Everyone is still responsible. 🙂To view this content, log into…
Read More...Last Friday, Reuters reported that sources “familiar with the matter” whispered to its reporters that private equity firm Blackstone is “in advanced talks” to acquire minority stakes in the interstate natural gas pipelines now owned by EQT Corp. (following its purchase of Equitrans Midstream) for a whopping $3.5 billion. The deal would help EQT reduce…
Read More...Dominion Energy plans to build four small “peaker” electric generating plants in Chesterfield County, VA, near Richmond (see Dominion Plans to Build 1,000-MW Gas Peaker Plant Near Richmond, VA). The Chesterfield Energy Reliability Center (CERC) calls for building four 250-megawatt gas-fired power plants (1,000 MW total) that can jump into action during the coldest and…
Read More...The realignment we spoke of several weeks ago about Pennsylvania losing rigs to its neighbors has deepened. Last week, PA lost another rig, going from 13 rigs down to 12 rigs, while Ohio picked up one rig and now has 10 active rigs. West Virginia also operated 10 rigs last week. Just two months ago…
Read More...Nine Energy’s stock performance for the past one year (click for larger version) Nine Energy Service, an oilfield services (OFS) company that competes with companies like Halliburton and Baker Hughes, operates in a number of shale basins, including the Marcellus/Utica. Last week, the New York Stock Exchange (NYSE) informed Nine the company’s stock is in…
Read More...Alan Armstrong Alan Armstrong, CEO of Williams, had some interesting things to say during a recent webinar hosted by the Global Listed Infrastructure Organization (GLIO). Among Armstrong’s comments: “Across the board, I’ve never seen a time like this. I’ve been with Williams for 38 years and in the gas pipeline and gathering business for that…
Read More...Two weeks ago, Pennsylvania lost two rigs, down to just 13 active rigs, the lowest PA’s rig count has been since July 2016 (see PA Craters, Drops 2 Rigs, M-U @ 32; National Rig Count Adds 1 @ 586). That’s the lowest rig count for PA in more than eight years. Last week, PA and…
Read More...Feedgas flowing from the Marcellus/Utica to the Cove Point LNG export facility located on the shore of Maryland fell to zero on Friday, Sept. 20, as the facility began its planned annual maintenance outage (see Flows Drop to Zero @ Cove Point LNG, Closed for Annual Maintenance). Most years, maintenance at Cove Point takes around…
Read More...UGI Names Robert Flexon, President and CEO UGI, a diversified energy company with midstream (pipeline) operations in the Marcellus and one of Pennsylvania’s largest utility companies, announced that the Board of Directors appointed Robert C. Flexon as President and CEO, effective November 1, 2024. Mr. Flexon will replace Mario Longhi, UGI’s Chair, who has served…
Read More...In early September, MDN told you that UGI Corporation, one of PA’s largest utility companies, plans to store trailers of LNG in the parking lot of a storage facility near Scranton, PA, and is seeking a zoning variance to do so (see UGI Seeks to Store LNG in Trailers in Scranton Suburb During Winter). UGI…
Read More...There is no excerpt because this is a protected post. The post Dominion Energy’s Wokified Plan to Use NatGas as Backup Only first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
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