Mountain Valley Pipe Dinged Small Fine by Va. for Erosion Violation
Antis did their best, but their best wasn’t good enough. Mountain Valley Pipeline (MVP) victoriously began to flow up to 2 Bcf/d of Marcellus/Utica molecules in June (see Confirmed: M-U Gas Now Flowing Through Mountain Valley Pipeline). Construction of the project, which crosses steep mountains, has not been without its challenges, chief among them erosion at some construction sites due to heavy rain. Of course, most of that erosion would not have happened if environmental groups had not sued, and had a colluding Fourth Circuit Court of Appeals not delayed completion of the project FOR YEARS. Shame on them for causing more environmental damage than building the pipeline on time would have caused. The Virginia Department of Environmental Quality (DEQ) recently dinged MVP with another small fine ($17,500) for erosion violations. Read More “Mountain Valley Pipe Dinged Small Fine by Va. for Erosion Violation”
EQT Corporation delivered its third quarter 2024 update yesterday. The big focus for EQT during 3Q was closing on the purchase and beginning the reintegration of its long-lost midstream division, called Equitrans Midstream (owner of the Mountain Valley Pipeline). CEO Toby Rice said, “All cylinders are firing,” and that 60% of the tasks needed for the integration have already been done. The company produced 581 Bcfe in 3Q, which is an average of 6.3 Bcfe per day—about a half Bcf less than the new Expand Energy. EQT is now in second place on the list of top natgas producers in the U.S. It wouldn’t take much for EQT to regain the top spot if it wanted to. 
Last Friday, Reuters reported that sources “familiar with the matter” whispered to its reporters that private equity firm Blackstone is “in advanced talks” to acquire minority stakes in the interstate natural gas pipelines now owned by EQT Corp. (following its purchase of Equitrans Midstream) for a whopping $3.5 billion. The deal would help EQT reduce the debt it accumulated from buying Equitrans. 
EQT Corporation is now the #2 largest natural gas driller in the U.S. following the merger of Chesapeake Energy with Southwestern Energy to form Expand Energy Corporation (see today’s lead story). EQT took the opportunity yesterday, while everyone was focused on the shiny new object (Expand Energy), to file a Form 8-K with the SEC announcing it is laying off 15% of its entire workforce. EQT says the layoffs are a result of too many workers following the merger with its former midstream division, Equitrans, in July (see 
On Friday, June 14, Equitrans Midstream, the builder and majority owner of the 303-mile Mountain Valley Pipeline (MVP) that runs from Wetzel County, WV, to Pittsylvania County, VA, announced the pipeline had, after a decade of planning and building, finally begun to flow Marcellus/Utica molecules (see 
We spotted a report about an aboveground pipeline that flows shale wastewater that sprung a leak and released an estimated 12,600 gallons of brine (salty water from deep below the surface) on the ground in Gilmore Township, Greene County, PA. The pipeline is owned by EQM Gathering, another name for Equitrans Midstream, which is now owned by EQT. The leaking pipeline connects to the Trust Well Site owned by EQT. It sure sounds like a serious spill (12,600 gallons) with the potential to contaminate local water supplies—until you dig into the state Dept. of Environmental Protection’s (DEP) report on the incident. 
On May 1, a section of the 303-mile Mountain Valley Pipeline (MVP) ruptured during final pressure testing in Roanoke County, Virginia (see 
Earlier this month
Recently, we’ve told you about the coming demand for natural gas to generate electricity that data centers and artificial intelligence will need (see 
A section of the recently completed 303-mile Mountain Valley Pipeline (MVP) was shut down on Tuesday for “pigging” operations and maintenance. Certain sections of MVP have dropped to zero flows, while other sections have dropped to drastically lower flows. We’ll ask the questions no one else will: Why the heck is MVP shutting down a section of a pipeline completed less than two months ago? Is there a concern? And, is it normal for a brand new pipeline that came online within the past two months to experience an outage like this for pigging maintenance?
On Friday, June 14, the 303-mile Mountain Valley Pipeline (MVP) that runs from Wetzel County, WV, to Pittsylvania County, VA, announced the pipeline had, after a decade of planning and building, finally begun to flow Marcellus/Utica molecules (see 
Yesterday, EQT Corporation, the country’s largest natural gas producer, issued its second quarter 2024 update. We’re dedicating another post to chronicling other news coming from the update. This post is dedicated to the most significant news from the update: EQT has decided to keep the newly christened 2.0 Bcf/d Mountain Valley Pipeline (MVP) instead of selling it. Not only that, but EQT wants to expand the pipeline’s capacity from 2.0 to 2.5 Bcf/d as soon as possible.
In November 2018, under intense pressure from activist investors, EQT split itself into two companies: EQT Corporation and Equitrans Midstream (see 
On Friday, June 14, the 303-mile Mountain Valley Pipeline (MVP) that runs from Wetzel County, WV, to Pittsylvania County, VA, announced the pipeline had, after a decade of planning and building, finally begun to flow Marcellus/Utica molecules (see