The 1,200-mile ATEX pipeline transports ethane from the Marcellus/Utica Basin of Pennsylvania, West Virginia and Ohio to Enterprise’s NGL storage complex in Mont Belvieu, Texas.
Southwestern Energy strengthened its ‘financial resilience’ as the Appalachia shale producer continues to face a low price environment.
An assessment by the U.S. Geological Survey shows the estimated amount of undiscovered technically recoverable natural gas jumped to 214 trillion cubic feet in the two shale formations.
“The environmental case against fracking crumbled years ago. The economic case for it is unassailable. So why are leading presidential candidates intent on shutting down one of the most beneficial U.S. innovations of the modern era?”