Get Ready for an Appalachian Gas Bonanza

Energy Transfer Partner’s Rover pipeline is nearing completion, scheduled to move 3.25 billion cubic feet of natural gas per day beginning in early 2018. While the region is one of the most energy rich areas of the United States (sometimes called the ‘Saudi Arabia’ of natural gas), legal hurdles have prevented the development of energy infrastructure to move resources to market. Now, new gas projects are set to pump up the region’s energy economy, as pipeline infrastructure makes further development feasible.

Rover is scheduled to begin shipping as much as 3.25 billion cubic feet of natural gas a day in early 2018. When fed through a natural gas-fired power plant, that’s enough to power about 30 million homes. Rover is one of a handful of pipelines set to open next year that will begin moving natural gas from the massive Marcellus and Utica shale formations that lie beneath parts of Ohio, West Virginia, Pennsylvania, and New York.

Sometimes dubbed the Saudi Arabia of natural gas, the Marcellus is thought to hold a century’s worth of reserves. But after an initial boost of investment and optimism by drilling companies, activity started to stall, mostly because there weren’t enough pipelines to deliver the gas to large markets. Companies kept drilling wells but left many of them uncompleted, waiting for the day when pipelines would be finished.

Read More – Bloomberg