Eureka Midstream Now Flows 1.5+ Bcf/d of Marcellus/Utica Gas
Pipeline company Eureka Midstream was once a subsidiary of Magnum Hunter Resources. Magnum Hunter spun Eureka out into a standalone company prior to Magnum going through bankruptcy. Last October Eureka acknowledged the former Magnum Hunter no longer owned any of it (see Eureka Midstream Confirms MDN Article on New Ownership). Morgan Stanley is now a major shareholder in the company, as is South Korean conglomerate SK Group. Eureka just issued a press release to say, “Hey, we’re still here and we’re bigger than ever.” The company now flows over 1.5 billion cubic feet per day (Bcf/d) of Marcellus/Utica natural gas through its gathering system.
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The Sisters of the Corn (our name for the a group of nuns in Lancaster County, PA) are not giving up their hypocritical lawsuit against Williams for building the Atlantic Sunrise Pipeline across their property. As we told you in September, the sisters planned to ask the U.S. Supreme Court to hear the case, claiming infringement of religious freedom (see 
The “best of the rest”–stories that caught MDN’s eye that you may be interested in reading: Jeff Bartos: ‘Pennsylvania is being left behind’; CNX funds new playground in Westmoreland County; Shale industry is experiencing some major growing pains; Private equity shifting shale strategy to long haul; Growing U.S. oil exports make WTI nearly 24-hour benchmark; No energy policy, no problem for U.S. oil producers; Natural gas truck sales down; U.S. midstream capacity constraints pressure chem producers; Fitch, Moody’s sound alarm on Pemex ahead of AMLO taking office; In win for Trump, Merkel changes course on U.S. gas imports; Can OPEC still influence the price of crude oil?
Although the 600-mile Atlantic Coast Pipeline (ACP) was federally approved a year ago, in October 2017 (see 
According to Anne Blakenship, executive director of the WV Oil & Natural Gas Association (WVONGA), Doddridge County leads WV’s 55 counties in “oil and natural gas production.” She said Doddridge will “remain at the epicenter” of the state’s oil and gas industry “for years to come.” While Doddridge is indeed the #1 natural gas producing county, replete with a number of gas processing plants (and pipelines), Doddridge is not the #1 oil producing county.
MDN told you in July that Philadelphia antis were paying $50,000 to a “consultant” to produce a faux report that will say the Mariner East 2 (ME2) natural gas liquids pipeline is dangerous, a nightmare waiting to happen (see 
Columbia Gas of Massachusetts (NiSource) continues to try and recover from a series of explosions in its local delivery pipelines north of Boston in mid-September (see 
On Friday we told you that the Trump Dept. of Justice had petitioned the U.S. Supreme Court to temporarily stop a court case from advancing to trial next week (see 
A recurring theme (broken record) over the past few months has been, “Natural gas storage is too low, far lower than last year and far below the five-year average–prices will have to skyrocket any day now!” That’s been the meme by traders and industry watchers. We keep saying things have fundamentally changed–that drillers can open the spigots any time they want and let it flow. Don’t believe us? Then maybe you will believe the American Gas Association.
Events related (or of interest) to the Marcellus and Utica Shale, primarily pro-drilling events. To have your event included (or if you are aware of a worthy event you believe should be on this page), please send the details and/or a link to have it included to the calendar@marcellusdrilling.com email address.
Once again it seems environmentalists in Kentucky have won–stopping yet another NGL (natural gas liquids) pipeline. On Wednesday Kinder Morgan, one of (perhaps the) largest pipeline companies in North America, announced it is canceling plans to convert part of its Tennessee Gas Pipeline (TGP) that currently flows natural gas from the Gulf Coast to the northeast, to reverse the pipeline and flow natural gas liquids (NGLs) from the Marcellus/Utica region to the Gulf Coast. The project, called Utica Marcellus Texas Pipeline (UMTP), would have cost $4 billion. Instead, Kinder says it will still seek to reverse a big portion of TGP, but will instead flow M-U natgas south, instead of NGLs.
Energy Transfer is, on paper, several different companies. Energy Transfer Equity (ETE) is the mother ship–the main holding company. Energy Transfer Partners (ETP) is and has been (for us) the main company, builder of Rover Pipeline, among other projects. Nearly two years ago Sunoco Logistics Partners, a subsidiary of ETE, was merged into ETP (see 
Gulfport Energy, an independent oil and gas driller with significant acreage positions in the Utica Shale of eastern Ohio and the SCOOP Woodford and SCOOP Springer plays in Oklahoma, issued its third quarter operational (not financial) update yesterday. Gulfport is one of those companies that delivers its operational news first, and a few weeks later issues its financial news. Gulfport reports production continued to climb to new highs, averaging 1,427.5 million cubic feet equivalent (MMcfe) per day, a 7% increase over 2Q18 and 19% increase over 3Q17. Said another way, 1.43 Bcf/d.