Midstream & Transport Monitor - January 15, 2016
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New Marcellus Shale regional pipelines are beginning to pressure Henry Hub prices, sapping differentials in gas value as more of the area’s production escapes regional lockdown. With more pipelines coming online in the next couple of years—two with a combined 4.75 billion cubic feet per day (Bcf/d) takeaway capacity—the Marcellus’ formidable production may no longer be so tightly confined.