Vast Majority of MPLX NatGas Processing Happens in Marcellus/Utica
In late 2015, MPLX (i.e., Marathon Petroleum) bought out and merged in the Utica Shale’s premier midstream company, MarkWest Energy, for $15 billion (see MarkWest Energy Investors/Unitholders Approve Merger with Marathon). The “new” MarkWest, aka MPLX, plays on a much larger stage now, including the ownership and operation of major assets in the Permian Basin and the Bakken Shale, in addition to the Marcellus/Utica. However, the M-U still plays a starring role for the company. MPLX recently issued its first quarter 2025 update. CEO Maryann Mannen said most of the company’s first quarter profits were from its natural gas and NGL segment in the Northeast. Read More “Vast Majority of MPLX NatGas Processing Happens in Marcellus/Utica”
The Marcellus Shale has a distinct advantage over every other gas-focused shale play in the country: It’s WAY cheaper than anywhere else to produce gas in the Marcellus. It’s called the break-even point, when a driller makes a profit after paying for expenses. The break-even in the Marcellus is *below* $2/Mcf (thousand cubic feet) for many drillers, including giants EQT and Expand Energy. Other gas-focused plays, like the Haynesville, cost a lot more—$3.50/Mcf or more for break-even. But then, the Haynesville is much closer to Gulf Coast LNG export facilities, so it costs much less to pipeline the gas. That’s OK, the Marcellus has a geographic advantage, too. 
Yesterday, the first of what will no doubt be many such events, the Appalachian AI Energy Conference (sponsored by Shale Directories) was held at the Hilton Garden Inn in Pittsburgh/Southpointe. Event speakers explored why Appalachia is uniquely suited to meet AI’s massive energy needs. CNX’s VP of sustainable development, Brent Bobsein, spoke about the region’s “massive opportunity.” 
The Algonquin Gas Transmission pipeline (owned by Enbridge) transports up to 3.09 Bcf/d through a pipeline that is 1,131 miles long. Algonquin connects to Texas Eastern Transmission (TETCO), Millennium Pipeline, and Maritimes & Northeast Pipeline and supplies New England with critically needed natural gas supplies for power generation and consumer use. As we told you in September 2023, Enbridge conducted an open season to gauge interest in expanding Algonquin’s capacity to flow more gas into New England—mainly from the Marcellus/Utica—called Project Maple (see 
Freeport LNG’s export terminal with three liquefaction “trains” completely shut down (all three trains) in June 2022 after an explosion and fire (see 
The U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) is looking to overhaul repair requirements for natural gas and carbon dioxide pipelines. The PHMSA is asking the industry (and the public) how to make standards that have remained unchanged for more than 40 years more cost-effective. This effort marks the second in a series of high-priority PHMSA actions to implement the President’s “Unleashing American Energy” Executive Order. 
If you’ve ever run a business or have been self-employed, you know how important it is to claim every legitimate deduction on your tax return. Anyone with a brain knows that wages, fuel, and repairs are expenses, the “cost of doing business”—especially in the oil and gas business. Yet in their zeal to destroy fossil energy, the Bidenistas inserted new regulations in the misnamed Inflation Reduction Act (IRA), a law made possible by the single vote of former West Virginia Senator Joe Manchin (who will live in infamy for his vote), relabeling such deductions as “subsidies” for the oil and gas industry (but no other industries). The Bidenistas eliminated those legitimate deductions so that O&G companies could no longer claim them as deductions, at least not the full value in the year in which they are spent. It’s nuts! There’s a new bill in Congress to correct this attack against the fossil energy industry. 
MARCELLUS/UTICA REGION: It’s time to “build, baby, build” in the Marcellus; OTHER U.S. REGIONS: Moore signs two energy bills as June rate hikes loom; NATIONAL: Chubb drops $1.5B natural gas terminal policy; How to frac a modern shale well and boost capital efficiency; Why Ohio has a say on California’s gas car ban; Strong European demand pushes U.S. LNG exports up by 20%; INTERNATIONAL: Re-elected Shell CEO, asked about BP, says bar for deals is high; European Commission awards $1B in green hydrogen subsidies; Market skepticism surrounds Mexico’s ambitious plans to boost natural gas supply.