Articles tagged Equitrans

A portion of the recently completed Mountain Valley Pipeline LLC (MVP) was shut for maintenance Tuesday, causing capacity cuts and driving Southeast regional natural gas prices higher.

EQT Corp., the largest natural gas producer in the United States, will continue to curtail Appalachian volumes through the second half of the year in light of surplus storage levels, executives said Wednesday.

Natural gas futures fell for a third day on Friday, weighed down by upward revisions to production data and weather models trimming a little from June’s record heat outlook.

With recent estimates appearing to confirm a ramp in production, natural gas futures were modestly lower through midday trading Friday, even as demand-side factors leaned bullish. Cash prices were mostly lower as weekend days and the startup of the Mountain Valley Pipeline LLC (MVP) added pressure.

Equitrans Midstream Corp. announced Friday that Mountain Valley Pipeline LLC (MVP), the 2 million Dth/d natural gas conduit that will move supply from Appalachia to the Southeast, has begun service.

Natural gas futures shot above $3 in early trading Monday before falling back to earth as record hot forecasts for June got outweighed by concerns that the production spigot could soon be widening again.

North American natural gas prices dropped dramatically in 2023 as producers maintained robust production levels in no small part because of drilling efficiencies. At the same time, midstreamers touted the need for more gas egress capacity while the Biden administration’s LNG authorization pause threw a wrench in the outlook for some export capacity projects. Read what NGI analysts learned during 4Q2023 earnings season and how they view supply and demand trends moving forward.

EQT Corp., the largest natural gas producer in the United States, agreed Monday to buy former entity Equitrans Midstream Corp., bringing back together Appalachian-based giants in what executives said was a game-changing opportunity.

Recent construction setbacks will see Mountain Valley Pipeline LLC’s (MVP) long-delayed completion slip further, now into the second quarter.

Mountain Valley Pipeline LLC (MVP) is conducting an open season for natural gas deliveries along its revamped Southgate extension planned for 550,000 Dth/d capacity.