MVP Prompts New Pipe Expansions for Hungry Downstream Customers
With the 303-mile Mountain Valley Pipeline (MVP) now in construction high gear to finish the final 6% of the project, the question becomes can and how will an extra 2 Bcf/d (billion cubic feet per day) of Marcellus/Utica gas make it to the end of the pipeline, and from there, onward to other destinations in the Southeast? The short answer is yes; there’s certainly enough demand for an extra 2 Bcf/d of gas. The longer answer is that it will take time to ramp up to the point a full 2 Bcf/d is being transported and sold. If MVP comes online by the end of this year, it’s doubtful a full 2 Bcf/d will flow. Not because of supply issues–there are plenty of customers, and the pipeline has contracts to fill it to capacity. And not because of technical issues–the pipeline is rated for a full 2 Bcf/d. More gas won’t flow initially because connecting pipelines on the other end currently can’t handle the extra 2 Bcf/d that will come at them. Right now, there’s not enough capacity on other pipelines, which means when MVP begins to flow, it may be flowing only one-third of its rated capacity of 2 Bcf/d.
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It’s getting even uglier out there. For the sixth week in a row and the 15th of the last 16 weeks, the U.S. active rig count lost rigs. A lot of rigs. Last week the number decreased by a whopping 12 rigs after falling by five rigs per week for the three weeks prior. The total is now down to 642 active rigs across both oil and gas. Sadly, the Marcellus/Utica dropped three rigs last week (after losing two the week before) for a combined M-U rig count of 40–the lowest this year. Last week Pennsylvania picked up two rigs after losing two the week before, but the additions in PA came at the expense of Ohio (lost 2 rigs) and West Virginia (lost 3 rigs).
Last week we told you about a new $2 billion hydrogen project coming to West Virginia (see
We should have known there was a price to pay, a “pound of flesh” to be exacted, when we read the announcement that the Bidenistas of the FTC (Federal Trade Commission) had approved EQT’s deal to buy Tug Hill’s West Virginia assets. Two days ago, EQT issued a press release to announce the deal had been blessed by the FTC and would happen within the next seven days (see
Yesterday we told you about a new $2 billion hydrogen project coming to West Virginia (see
Last September, EQT Corporation announced it was buying privately-owned Tug Hill Operating’s West Virginia shale assets for $5.2 billion (see
The ARCH2 (Appalachian Regional Clean Hydrogen Hub) project, the West Virginia-led effort to attract government funding for one of 6-10 regional hydrogen hubs, has just landed its second major commitment–even though ARCH2 hasn’t officially been selected for government funding. Yesterday Fidelis New Energy announced it has selected Mason County, WV, for a $2 billion “net-zero” hydrogen production facility and low carbon microgrid, which it has dubbed The Mountaineer GigaSystem. The Fidelis plan includes building data centers powered by net-zero hydrogen. Mountaineer will use FidelisH2 technology that produces hydrogen with zero lifecycle carbon emissions from a combination of Marcellus/Utica gas, renewable energy, and CCUS (carbon capture, utilization, and sequestration).
Yesterday we told you the liars of the left are doing their best to sew disinformation and fear about Mountain Valley Pipeline (MVP) and the installation of the remaining 6% of the pipeline that’s not already in the ground (see
Looks like the three Democrat judges of the U.S. Court of Appeals for the Fourth Circuit (4th Circuit) value their own jobs more than defeating the Mountain Valley Pipeline (MVP) project. On Friday, the three-judge panel that has opposed MVP in just about every decision they’ve issued since 2018 dismissed the remaining two cases against MVP after being overruled by the U.S. Supreme Court two weeks ago (see
Even though the radicalized left has been defeated in their attempts to block the 303-mile Mountain Valley Pipeline (MVP) project, they won’t go quietly (they never do). The liars of the left are trying to plant seeds of fear and doubt in the residents of West Virginia and Virginia that as soon as the remaining 6% of MVP pipe is buried in the ground and begins to flow, a piece of that newly installed pipeline will blow up because the pipe has been sitting above ground for years and the special epoxy coating that prevents corrosion has degraded by sitting in the sun. Yet another lie from the left.
You never know how Marcellus/Utica gas affects the entire country for the good. Here’s an interesting example. In April, the ARCH2 (Appalachian Regional Clean Hydrogen Hub) project, the West Virginia-led effort to attract $1 billion of government funding for one of 6-10 regional hydrogen hubs, took a big leap forward with the announcement of a plan to build a “multi-billion-dollar” clean ammonia manufacturing facility in southern West Virginia (see
In May, the Bidenistas at the Environmental Protection Agency (EPA) released a hellscape of new regulations (681 pages) aimed at forcing coal- and natural gas-fired power plants to close (see
One year ago, we reported the sad (and angering) news that U.S. Senator Joe Manchin, a liberal Democrat from West Virginia, had betrayed his WV constituents and the entire country by secretly cutting a deal to vote for Joe Biden’s New Green Deal bill repackaged under the false and misleading name of the Inflation Reduction Act (see
For the fourth week in a row and the 13th time in the last 14 weeks, the U.S. active rig count lost rigs. It’s grueling. Last week the number decreased by five rigs after falling five rigs the week before–now down to 659 active rigs across both oil and gas. The Marcellus dropped one rig (in Pennsylvania) for a combined M-U rig count of 45–the lowest this year. Some 14 weeks ago, the M-U lost four rigs (going from 53 down to 49). Seven weeks ago, we lost another rig, down to 48. Last week we lost two more down to 46, and this week another. The trend is not our friend.