FERC Approves MVP Southgate 2nd Time – Rejects Rehearing

In June the Federal Energy Regulatory Commission (FERC) issued final approval for Equitrans Midstream’s 75-mile expansion of the Mountain Valley Pipeline (MVP) from southern Virginia into North Carolina, a project called MVP Southgate (see FERC Approves Mountain Valley Pipeline Southgate Extension to NC). Well-funded Big Green groups immediately filed a “rehearing” request, the first step on the way to a court challenge. Yesterday FERC commissioners denied the rehearing request.
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Yesterday the Ohio Power Siting Board approved the construction, operation, and maintenance of a Utica-fired combined heat and power (CHP) plant on the main campus of Ohio State University in Columbus. Wonders never cease! Of course, irrational fossil fuel haters are not giving up the fight to try and block it.
Last week Enbridge began testing its Weymouth, Massachusetts compressor station project, the final piece of the company’s $452 million Atlantic Bridge expansion project (see
Time for our weekly check of the rig count. We like to check the Enverus count because we believe it’s more accurate than the Baker Hughes count. According to S&P’s analysis, the rig count climbed by 6 for the week ending Sept. 16 to hit an eight-week high of 293 active rigs. The Marcellus remained stable at a total of 26 rigs (between wet and dry gas areas). However, the Utica added one rig, moving from an average of 6 rigs to 7 rigs.

MARCELLUS/UTICA REGION: Most WV consumers will see lower natural gas rates this winter; NATIONAL: D.C Circuit Court stay’s U.S. EPA’s amendments to new source performance standards for oil/gas industry; EIA survey of energy use by U.S. manufacturers shows increased use of natural gas, HGLs; DUCs in a row: US shale players lean on uncompleted well inventory to power through 2020; Natural gas craters after weak demand, glut blindside bulls; Biden’s energy plan could wipe out 5M blue-collar jobs.