Production Up for Top Three Shippers Readying for Atlantic Sunrise

Cabot, Seneca and Chief have been ramping up production in preparation of the Atlantic Sunrise pipeline coming online this month.

According to a report from BTU Analytics, the top three shippers who will soon flow natural gas along Williams’ Atlantic Sunrise Pipeline (ASP), Cabot Oil & Gas, Seneca Resources and Chief Oil & Gas, have “nearly doubled” their rig counts over the past few months leading up to the imminent startup of ASP.

The pipeline is due to go online any day now, by the end of August. Cabot has reserved 1 billion cubic feet per day (Bcf/d) of the 1.7 Bcf/d capacity of the new ASP. One third of Cabot’s 1 Bcf/d (350 million cubic feet per day, MMcf/d) will flow to Dominion’s Cove Point LNG export plant in Maryland, heading for Japan. Another 500 MMcf/d of Cabot’s gas will go to Washington Gas via ASP, meaning northeast PA Marcellus molecules will help heat, cool and power D.C. swamp dwellers. Joy.

Read more:

https://naturalgasnow.org/production-up-for-top-three-shippers-readying-for-atlantic-sunrise/