EQT Announces New Marcellus/Utica Pipeline to Southeastern US

Yesterday CONSOL Energy and Noble Energy announced a new gathering pipeline company plan (see MDN’s story published today). Not to be outdone, EQT announced yesterday an open season for the Mountain Valley Pipeline project–a new Marcellus/Utica pipeline. According to the announcement, EQT and NextEra US Gas Assets intend to build a 330-mile pipeline from Wetzel County, WV to the Transco Pipeline in Pittsylvania County, VA to deliver abundant, cheap Marcellus and Utica Shale gas to markets throughout the southeast. An “open season” is a chance for drillers to contract a portion of the pipeline over the long term (15-20 years), commitments needed before companies like EQT will pony up the hundreds of millions needed to build a major project like this one…

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