Williams Says NatGas Demand Sky High, Full Roster of Pipe Projects
Williams delivered its third quarter update last week. The company is working overtime to expand its extensive network of natural gas pipelines. Quick fact: Did you know that Williams’ pipeline network handles about one-third of U.S. natural gas? Massive! And it’s only going to grow, according to CEO Alan Armstrong, who said: “Not only do we have a clear line of sight to a full roster of projects that are in execution, but we continue to commercialize vital high return projects across our footprint.” Much of the expansion will come in the Marcellus/Utica region and regions adjacent to ours fed by our molecules. Read More “Williams Says NatGas Demand Sky High, Full Roster of Pipe Projects”
We continue to mourn the loss of Cabot Oil & Gas (100% focused on the Marcellus in northeastern PA) following its merger with Cimarex Energy (an oil driller focused on the Permian and Anadarko basins) in 2021 (see 
Two weeks ago, MDN brought you the news that Christmas had come early with the announcement of a plan to build the country’s largest natural gas-fired power plant at a proposed data center site in Pittsylvania County, Virginia (see 
Epsilon Energy issued its third quarter 2024 update last week. Epsilon, a relatively small company, used to concentrate most of its effort on developing Marcellus Shale wells. However, over the past few years, the company has expanded into other plays and now owns assets in the Anadarko (Oklahoma and Texas), the Permian (Texas and New Mexico), and most recently the Western Canadian Sedimentary Basin (in Alberta, Canada). Epsilon typically does not do its own drilling. The company joint venture partners with (gives money to) other companies, like Chesapeake Energy (now Expand Energy) in the Marcellus, and the other company does the drilling. For 3Q, Epsilon’s capital expenditures were $4.7 million in the upstream (drilling) division. There was no breakdown on where that money was spent, but we suspect little, if any, was spent in the Marcellus. 
Some 15 months ago, WhiteHawk Energy, headquartered in Philadelphia with ownership of mineral and royalty interests for over 1 million gross unit acres and over 3,400 producing horizontal shale wells between the Marcellus and the Haynesville, proposed marriage to PHX Minerals, based in Fort Worth, Texas, owner of 75,000 leased mineral acres principally located in the SCOOP and Haynesville plays (see 
NATIONAL: U.S. associated natural gas production increased nearly 8% in 2023; Republican sweep opens way to boost oil and gas development; People first energy policy is a winning issue for Trump and the GOP; INTERNATIONAL: Shell urges court not to halt UK North Sea oil and gas projects; Global carbon emissions estimated to have set record high; USA climate official tells COP29 oil boom aids energy transition; European Commission releases mutual energy suicide pact roadmap.