NFG: More PA Fracked Gas to NY Coming Online Next Few Months
Late last week National Fuel Gas Company (NFG), the parent company of Marcellus/Utica driller Seneca Resources and midstream company Empire Pipeline, issued its third-quarter (everyone else’s second quarter) financial and operational update. Among the things we learned: Seneca dropped to using a single drilling rig in June and shut-in some of its Marcellus/Utica production. That strategy remains in place for the foreseeable future, according to NFG's top brass.
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