When EQT first announced it intended to build the Mountain Valley Pipeline (MVP), stretching from Wetzel County, WV, to Pittsylvania County, VA, the project came with an estimated price tag of $3.5 billion and an estimated completion date of 2018 (see Mountain Valley Pipeline Files FERC Appl, Now Just Matter of Time). By the time…
Read More...Just about one month ago, 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 (see Blackstone Seeks…
Read More...Antis did their best, but their best wasn’t good enough. Mountain Valley Pipeline (MVP) victoriously began to flow up to 2 Bcf/d of Marcellus/Utica molecules in June (see Confirmed: M-U Gas Now Flowing Through Mountain Valley Pipeline). Construction of the project, which crosses steep mountains, has not been without its challenges, chief among them erosion…
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...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...EQT Corporation is now the #2 largest natural gas driller in the U.S. following the merger of Chesapeake Energy with Southwestern Energy to form Expand Energy Corporation (see today’s lead story). EQT took the opportunity yesterday, while everyone was focused on the shiny new object (Expand Energy), to file a Form 8-K with the SEC…
Read More...On Friday, June 14, Equitrans Midstream, the builder and majority owner of the 303-mile Mountain Valley Pipeline (MVP) that runs from Wetzel County, WV, to Pittsylvania County, VA, announced the pipeline had, after a decade of planning and building, finally begun to flow Marcellus/Utica molecules (see Confirmed: M-U Gas Now Flowing Through Mountain Valley Pipeline)….
Read More...We spotted a report about an aboveground pipeline that flows shale wastewater that sprung a leak and released an estimated 12,600 gallons of brine (salty water from deep below the surface) on the ground in Gilmore Township, Greene County, PA. The pipeline is owned by EQM Gathering, another name for Equitrans Midstream, which is now…
Read More...On May 1, a section of the 303-mile Mountain Valley Pipeline (MVP) ruptured during final pressure testing in Roanoke County, Virginia (see Section of MVP Ruptures Near Roanoke Under Water Pressure Test). An independent metallurgical test identified a defective weld in an elbow joint as a cause of the failure. No internal or external corrosion…
Read More...Earlier this month, MDN brought you the important news that just one month after the mighty Mountain Valley Pipeline (MVP) went online, natural gas production in the State of West Virginia increased more than 9% (see WV Marcellus Production Up 9.5% in One Month Thanks to MVP). We now have data for another full month of…
Read More...Recently, we’ve told you about the coming demand for natural gas to generate electricity that data centers and artificial intelligence will need (see Big Midstream Companies Eye Data Center/AI Market for New Pipes). The left’s answer for increased power demand is to kill new data centers and ban AI (see Leftists Argue for Ban on…
Read More...A section of the recently completed 303-mile Mountain Valley Pipeline (MVP) was shut down on Tuesday for “pigging” operations and maintenance. Certain sections of MVP have dropped to zero flows, while other sections have dropped to drastically lower flows. We’ll ask the questions no one else will: Why the heck is MVP shutting down a…
Read More...On Friday, June 14, the 303-mile Mountain Valley Pipeline (MVP) that runs from Wetzel County, WV, to Pittsylvania County, VA, announced the pipeline had, after a decade of planning and building, finally begun to flow Marcellus/Utica molecules (see Confirmed: M-U Gas Now Flowing Through Mountain Valley Pipeline). The effect of the molecules flowing through MVP…
Read More...We previously reported that a section of the 303-mile Mountain Valley Pipeline (MVP) in Roanoke County, Virginia, ruptured during a water test in early May (see Section of MVP Ruptures Near Roanoke Under Water Pressure Test). Pressure testing is done using water before a new natgas pipeline is brought online. Water is pumped through the…
Read More...They lost, and we won for the 303-mile Mountain Valley Pipeline (MVP) project. “They” means the radical environmental left (nutters who irrationally hate all fossil energy, including natural gas), and “us” means those who support the common sense use of fossil energy and projects like MVP. According to the left, the next battleground is to…
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