Energy Services | Industrywide Issues | Long Island | New York | Pipelines | Regulation | Transco | Williams
FERC Approves 2-Year Extension to Build NESE Pipe to NYC
On March 19 Williams petitioned the Federal Energy Regulatory Commission (FERC) to extend the time to build the FERC-approved Northeast Supply Enhancement (NESE) pipeline project in the New York City area by an extra two years (see NESE Rises from the Dead! Williams Petitions FERC for More Time). The news sent anti-drilling zealots into a tailspin who thought they had long-buried the project (see Williams’ FERC Request for More Time re NESE Causing Exploded Heads). Yesterday FERC granted Williams’ petition to extend the timeline another two years. No doubt FERC’s action will cause another round of exploding heads.
Read More “FERC Approves 2-Year Extension to Build NESE Pipe to NYC”
M&A, or mergers & acquisitions, is on everyone’s mind in the oil and gas industry. Particularly in the Marcellus/Utica region. EQT, under the leadership of Toby Rice, already the largest natural gas producer in the country, has been on the prowl. In the past eight months EQT has picked up all of Chevron’s M-U assets (see 
In February the Democrat-controlled Federal Energy Regulatory Commission (FERC) said it would accept comments from the public on whether or not the Commission should willy nilly shut down a legally permitted, already built, and successfully running compressor station in Weymouth, Massachusetts (see 
Back in March MDN told you about supposed violations by Chesapeake Energy of the federal Clean Water Act and the Pennsylvania Clean Streams Law and Dam Safety and Encroachments Act by failing to identify and protect swamps (i.e. wetlands) at a number of oil and gas well sites in Pennsylvania (see 
Louisville Gas and Electric Company (LG&E) has Kentucky state approval to build a new 12-inch, 12-mile pipeline near Louisville to supply gas to 62 homes and businesses that can’t connect to LG&E’s local natgas utility system. The local Bernheim Arboretum has resisted attempts to build across three-tenths of one percent (0.028%) of Arboretum land–along an existing cleared path where electric lines already go (see 
After record gains since the beginning of the year, the Enverus U.S. rig count slid backwards over the past week, for the week ending May 19. The national rig count fell by 12, while the Marcellus lost two rigs (one each in the wet and dry gas regions), and the Utica lost one rig. The combined M-U now has 44 active rigs. The Haynesville in Louisiana (and East Texas), the main competitor to the M-U, lost one rig and now operates 50 active rigs.
NATIONAL: Natural gas combined-cycle plant use varies by region and age; Economics continue to improve in US shale basins but operators hold steady; U.S. shale is finally giving shareholders a payday; John Kerry says U.S. does not ‘necessarily’ have to stop eating red meat; INTERNATIONAL: Energy transition clouds oil-gas outlook despite post-pandemic boost – Woodmac.