EQT Wants to Retake #1 Spot as Country’s Largest NatGas Producer
In October 2024, Chesapeake Energy completed its $8.2 billion merger with Southwestern Energy (renaming the combined company Expand Energy), and in the process became the country’s #1 highest producing natural gas company, taking that title away from EQT Corporation (see Chesapeake & Southwestern Complete Merger; Now #1 U.S. Gas Driller). EQT became the #1 gas producer in 2017 when it bought and merged with Rice Energy, displacing ExxonMobil and Chesapeake Energy from that spot (see EQT Buys Rice Energy in $8.2B Deal, Becomes #1 Gas Producer in US). It appears the script may flip again, back to EQT, “by the end of the decade.” Read More “EQT Wants to Retake #1 Spot as Country’s Largest NatGas Producer”
On September 24, the U.S. Environmental Protection Agency (EPA) granted Sandstone Development, LLC a permit for an oil and gas wastewater injection well in Lafayette Township, in McKean County. The permit authorizes Sandstone to inject up to 10,500 gallons per day of produced fluids from the McKay 7A conventional well to enhance oil and gas recovery in the McKay Lease area. Injection will occur into the Upper Devonian Kane Sandstone Formation at depths between 2,295 and 2,315 feet. A public hearing on the permit application was conducted in May. 
Yesterday, we told you about comments made by several governors from states covered by the PJM electric grid delivered to a bash PJM summit organized by Pennsylvania Governor Josh Shapiro (see 
Finally, some movement on approving a new gas-fired power plant project in Chesterfield County, VA. Dominion Energy plans to build four small “peaker” electric generating plants in Chesterfield County near Richmond (see 
MDN chronicled the rise and fall of Tellurian, founded by Charif Souki (who also founded Cheniere Energy), and Tellurian’s LNG export project, Driftwood. Tellurian’s primary focus was to build Driftwood LNG, a 27.6 million tonnes per annum (MTPA) facility that would cost $14.5 billion. Construction began on the project in March 2022, even without a final investment decision (see 
The annual 
MARCELLUS/UTICA REGION: Pa. Democrats call on EPA to preserve climate regulations; OTHER U.S. REGIONS: 40+ groups call out Gov. Newsom for backsliding on climate promises; NATIONAL: U.S. natural gas ticks higher ahead of storage data; U.S. total distillate inventories forecast to end 2025 and 2026 at multiyear lows; IER comment on reconsideration of 2009 Endangerment Finding and GHG vehicle standards; Don’t blame data centers for rising electric bills; INTERNATIONAL: Oil surges past key level; Iraq sees resumption of Kurdish oil exports this week; India says it wants to buy more USA energy; Macquarie expands LNG business; Norway gas output up for 2nd consecutive month; Panama Canal starts major NGL pipeline to bypass drought impact.