Williams 1Q Revenue Up 8%, Replacing 112 Compressor Units
Pipeline giant Williams, with major assets in the Marcellus/Utica and the owner of the mighty Transco pipeline that flows huge quantities of M-U gas south and southwest, issued its first quarter 2024 update yesterday. CEO Alan Armstrong said in prepared remarks that the company, which operates in just about every region of the country, has “20 high-return projects in execution across our business.” That’s 20 pipeline or storage projects of various kinds, many of them in the M-U region. The projects include “approximately 3.1 Bcf per day of expansion on Transco, which equates to a 15% increase in fully contracted long-term capacity that will be coming online over the next few years.” Transco current flows a maximum of 18.6 Bcf/d (billion cubic feet per day). It’s going to expand by another 3.1 Bcf/d!
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Yes! It’s about time!! Pennsylvania State Senator Gene Yaw (Republican from Lycoming County) is about to introduce a new bill that will cut off millions of dollars in tax revenues that flow from shale drilling to any municipality (county, town, village, city) that launches a lawsuit against “Big Oil,” as recently happened with Bucks County, a Philadelphia suburb (see 
Hope Gas, a large local utility company, provides gas service to more than 131,000 residential, industrial, and commercial customers in thirty-seven West Virginia counties. The company monitors and maintains over 7,000 miles of pipelines that safely deliver West Virginia natural gas to many homes and commercial and industrial sites. Hope employs over 450 employees, all working in WV. The company has been expanding like crazy, purchasing and integrating five companies over the past year. Yesterday, Hope announced a deal to buy a sixth company — Consumers Gas Utility Company — which will add another 8,500 customers to Hope’s growing natural gas customer base.
One year ago, MDN told you about Zefiro Methane Corp., a private “methane offsets originator” headquartered in Vancouver, British Columbia, acquiring a majority ownership stake in Plants & Goodwin (P&G), an OFS and oil well-plugging company located in Bradford (McKean County), Pennsylvania, for an undisclosed sum (see 
In 2015, greedy lawyers, using a group of 21 Oregonian children, filed a lawsuit against the United States (President Obama at the time) for not doing enough about mythical man-made global warming. They were hoping for a quick “sue-and-settle” payday. Didn’t happen. The lawsuit eventually made its way to the U.S. Court of Appeals for the Ninth Circuit in 2019 (see 
The very short answer to the question posed in the title is, Very good things! Current polls have Trump winning over Biden. But it’s still way too early to believe the polls. Still, it gets one wondering what will happen in the energy sector if DJT wins reelection in November. The staff of Rigzone posed that question to the top brass at the Heritage Foundation and the American Enterprise Institute (two reliable, rational organizations) to get their take on the situation and the potential effects on the industry.
MARCELLUS/UTICA REGION: Fetterman: ‘Of course, fracking is important’; NATIONAL: Kimmeridge plans to invest more in US LNG despite Biden; Maintenance disrupts U.S. LNG; Biden administration ever more delusional on energy; How will AI be applied to oil and gas?; Nearly 75 Democratic lawmakers support Biden’s LNG pause; INTERNATIONAL: Self-drilling oil wells to beat self-driving cars to market, SLB says; Lower oil volumes dent Aramco earnings.