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Natural Gas Inventories Rise but Heat Wave Could Fuel Strong Demand

OilPrice

natural gas inventories climbed by 46 billion cubic feet (Bcf) last week, keeping total storage comfortably above seasonal norms. The build for the week ending July 11 brings total working gas in storage to 3,052 Bcf, according to today’s figures provided by the Energy Information Administration.

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Kinder Morgan Projects to Boost Deep South Access to M-U Gas

Marcellus Drilling News

Bcf/d Mississippi Crossing (MSX) and 1.3-Bcf/d Bcf/d South System Expansion 4 (SSE4) projects will move more Marcellus/Utica gas into Mississippi, Ever so gradually, pipeline capacity to transport Marcellus/Utica molecules to other markets, particularly the Deep South, has been increasing. And it continues to grow, gradually.

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Utility Companies EQT is Supplying 1.2 Bcf/d of Gas Revealed

Marcellus Drilling News

billion cubic feet per day (Bcf/d) of EQT’s molecules. During EQT Corporation’s third quarter 2023 update and conference call (held in October 2023), the company announced “two of the largest, long-term physical supply deals ever executed” for 1.2

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Uniper, Tourmaline Ink 234 Bcf Gas Deal

Rigzone

has signed an agreement with German power and gas utility Uniper SE for an eight-year supply of natural gas totaling 234 billion cubic feet (Bcf). has signed an agreement with German power and gas utility Uniper SE for an eight-year supply of natural gas totaling 234 billion cubic feet (Bcf).

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EQT Seals the Deal, Completes Olympus Energy Purchase for $1.8B

Marcellus Drilling News

In April, MDN told you that EQT Corporation, the second-largest natural gas producer in the country (and the largest producer in the Marcellus/Utica) was buying out and merging in Olympus Energy for $1.8 billion (see EQT Buying Olympus Energy for $1.8 Billion; 90K Acres, 0.5

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Family Affair - Kinder Morgan Pipeline Projects to Boost Deep South’s Access to Appalachian Gas

RBN Energy

For several years now, the biggest hurdle to natural gas production growth in the Marcellus/Utica was takeaway constraints — there simply wasn’t enough capacity on gas pipelines out of Appalachia to support a significant bump-up in regional output. Bcf/d Mississippi Crossing and 1.3-Bcf/d Things have been changing though.

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Don't Stop Believin' - Appalachia Gas Production Growth Tied to Takeaway Adds, In-Basin Power Needs

RBN Energy

The Marcellus/Utica has massive natural gas reserves, but daily, weekly and annual production in the three-state shale play is limited by three key factors: in-region demand, takeaway capacity and gas prices.