Sheetal Nasta

[RBN Energy (A Novi Labs Company) @RBNEnergy]

Midstream development in the U.S. Northeast #naturalgas market has thawed in recent months, in large part spurred by the unlikely advancement of Mountain Valley Pipeline, the long-embattled project to move up to 2 Bcf/d from the Appalachia gas supply basin to the Transco Corridor. In today’s blog, we look at what historical flows on Williams’s Transco Pipeline can tell us about how MVP and Transco’s own planned expansions might reshape gas flows along the corridor. https://t.co/T2fxEJEccG

[RBN Energy (A Novi Labs Company) @RBNEnergy]

FERC approved TC Energy’s Virginia Reliability Project (VRP) on November 17, a brownfield expansion of Columbia Gas Transmission (TCO) that will provide an incremental 100,000 dekatherms per day (Dth/d) of firm mainline capacity for delivery in Columbia’s Market Area 34 in southeast Virginia by November 1, 2025...For the full story, visit: https://t.co/VxQz5jBCjl

[Sheetal Nasta @SheetalNasta]

For the full story, visit: https://t.co/CEkZxIViig

[Sheetal Nasta @SheetalNasta]

The Dec CME/NYMEX Henry Hub gas futures contract settled at $3.033/MMBtu Friday, down nearly 50 cents (14%) vs. the previous Friday as weather forecasts moderated, particularly for the back half of Nov & production rose to a record, topping 105 Bcf/d in the NATGAS Billboard model

[RBN Energy (A Novi Labs Company) @RBNEnergy]

Six months ago, the U.S. West Coast natural gas market looked like it was in dire straits. A harsh winter had depleted storage stocks to the lowest level in over a decade and it seemed like the region would be hard-pressed to refill storage to a reasonable level ahead of heating season. Instead, Pacific Region storage staged a remarkable comeback this summer. In today’s blog, we delve into how the region escaped a worst-case scenario heading into heating season. https://t.co/Uz2j7l6iAc

[Sheetal Nasta @SheetalNasta]

Williams is moving forward with a super-sized Southeast Supply Enhancement project that will add 1.4 Bcf/d of southbound capacity on Transco from Station 165, up from the originally proposed 800 MMcf/d...For the full story, see: https://t.co/D2dxnKqT0K

[RBN Energy (A Novi Labs Company) @RBNEnergy]

Leading Appalachian #naturalgas producer EQT Corp. secured two long-term deals with investment-grade utilities for all 1.2 Bcf/d of its capacity on Mountain Valley Pipeline (MVP). Both deals are for 10-year terms and will kick off in 2027 with the completion of downstream expansion projects along the Transco Corridor...For the full story, visit: https://t.co/OFHXyzEl6v

[RBN Energy (A Novi Labs Company) @RBNEnergy]

After languishing for much of the Shale Era, natural gas storage values are coming out of the doldrums. However, unlike in the old days, when the storage market was driven primarily by the intrinsic value of socking away gas for wintertime use, the market is now driven largely by storage’s flexibility to solve operational issues and its responsiveness during short-term market swings. In today’s blog, we delve into the fundamental shifts influencing today’s storage market. https://t.co/RtPy0iYEXr

[RBN Energy (A Novi Labs Company) @RBNEnergy]

Thanks to everyone who came out to our Fall 2023 School of Energy conference in Houston! It was such a huge success. If you missed this course, you can now watch the Encore version online! It's the next best thing to being there. For more information, visit: https://t.co/NeBfjSwrVw

[Sheetal Nasta @SheetalNasta]

Northeast natural gas production hit a three-month high of 35.3 Bcf/d on October 9 ahead of Cove Point LNG returning from annual maintenance on October 12 and a cold snap that brought on some heating demand in the region...For the full story, visit: https://t.co/qgeIVKAKsQ

[RBN Energy (A Novi Labs Company) @RBNEnergy]

New England is hell-bent on decarbonizing quickly, and it’s been making some progress. But like it or not, the region still depends heavily on natural gas, and gas supplies are stretched to the limit during periods of extreme winter demand. Worse yet, an LNG import terminal near Boston may be on the verge of shutting down. Well, help may be on the way. Enbridge has proposed an expansion to its 3-Bcf/d Algonquin Gas Transmission pipeline system. The question is, can it get built? https://t.co/UhnKCh7dSC

[RBN Energy (A Novi Labs Company) @RBNEnergy]

Appalachian natural gas producers are adapting to a new status quo — a world where new pipeline takeaway capacity out of the Northeast is more or less capped ad infinitum. Without the assurance of pipeline expansions, producers are slowing drilling activity, delaying completions and choking back producing wells to manage their inventory during periods of lower demand and prices. In today’s blog, we consider what this new playbook will mean for pricing trends in the supply basin. https://t.co/mot9x7lSW6

[RBN Energy (A Novi Labs Company) @RBNEnergy]

U.S. oil, natural gas and NGL markets are more interconnected than ever — with each other and with global dynamics. In recognizing how the various segments have impacted one another, we can better explain how they are driving today’s markets. That was the focus of our Fall 2023 School of Energy and it’s the subject of today’s blog, which includes some plugs for School of Energy Encore, a newly available online version of our recent conference. https://t.co/3sehcdXf4P

[Sheetal Nasta @SheetalNasta]

@GreyHairOpsGuy @RBNEnergy Likely price action related to the October contract expiration and a commodity-wide rally today

[Kimberly Robinson @KimberlyRobinsn]

NEW: #SCOTUS clears way for construction to resume on controversial Mountain Valley Pipeline, lifting stays that had halted work. No 23A35. https://t.co/S46AnlFO26

[RBN Energy (A Novi Labs Company) @RBNEnergy]

As U.S. #LNG export project development accelerates in the coming years, a lot more natural gas pipeline capacity will be needed to supply the numerous liquefaction facilities vying for a piece of the global gas market pie. In today’s blog, we discuss highlights from our new Drill Down Report detailing the announced feedgas pipeline projects targeting LNG export terminals between Port Arthur, TX, and the Mississippi River in Louisiana. https://t.co/N1bpN7vcVQ

[Sheetal Nasta @SheetalNasta]

@RBNEnergy CJ Roberts has asked for a response from the opposing party by 5 pm, July 25.

[RBN Energy (A Novi Labs Company) @RBNEnergy]

The CME/NYMEX Henry Hub August gas futures contract gained for the 2nd straight day to end Friday at $2.798/MMBtu, up about 7 cents (3%) from a week earlier. A bullish storage report and sliding rig count, along with tightening balances fueled the late-week rally...For more, see: https://t.co/YGEtdZMhio

[RBN Energy (A Novi Labs Company) @RBNEnergy]

The Fiscal Responsibility Act revived Mountain Valley Pipeline’s prospects of being completed this year, but the outlook for new, large-scale natural gas takeaway projects in the Northeast beyond MVP hasn’t changed. What has changed, however, is how Appalachian natural gas-focused producers respond to pipeline constraints and lower prices. In today’s blog, we lay out our view of what that shift in producer behavior will mean for Northeast supply, demand and pricing trends in the long-term. https://t.co/IpGXXW3KDA

[Sheetal Nasta @SheetalNasta]

Looks like the Army Corps issued the permit #natgas #MVP https://t.co/M0w3lYKH5r