Traders Hit Pause on Rally as Natural Gas Futures Steady — MidDay Market Snapshot

This post was originally published on this siteHaving posted sizable gains since late last week, natural gas futures were up a more modest amount through midday Tuesday; traders were left to mull a fundamental outlook headlined by falling supply estimates. Here’s the latest: June Nymex futures up 1.2 cents to $2.207/MMBtu as of 2 p.m. […]

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MVP Mainline Releases Water During Testing as In-Service Target Nears

This post was originally published on this siteAs Mountain Valley Pipeline LLC (MVP) seeks to conclude a protracted construction phase and enter service this month, the developer recently experienced a setback in Virginia when a section of pipe ruptured during hydrostatic testing. The incident, which occurred last Wednesday on the MVP mainline in Roanoke County,

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Northeast PA LNG Plant Lives! NFE Tells FERC Still Wants to Build

This post was originally published on this siteLast year in March and then again in May, New Fortress Energy (NFE) confirmed to the Securities and Exchange Commission (SEC) that it plans to apply for updated permits to build an LNG export plant in landlocked northeastern Pennsylvania (see New Fortress Confirms Intent to Build Wyalusing LNG

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Southwestern Spent $538M in 1Q to Drill 29 Wells, Incl. 15 in M-U

This post was originally published on this siteSouthwestern Energy, with major assets in the Marcellus/Utica and Louisiana Haynesville, issued its first quarter update last week. You may recall that Southwestern agreed earlier this year to a deal to be acquired by and merged into Chesapeake Energy (see Deal is Done! Chesapeake & Southwestern Announce $7.4B

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