Dominion to Deliver 500K Dekatherms/Day of Natural Gas from West Virginia to Ohio Interconnection Points

Dominion D, has contracted to deliver 500,000 dekatherms per day of natural gas produced in West Virginia to various interconnections with pipelines in Ohio, as producers look westward to seek new markets for Marcellus production. The company also has closed on agreements with two natural gas producers to lease approximately 100,000 acres of Marcellus shale rights underneath several of its natural gas storage fields in West Virginia.  Dominion has farmed out nearly 80,000 acres to CONSOL Energy in Lewis and Harrison counties in its Fink-Kennedy and Lost Creek storage areas. It has also subleased nearly 9,000 acres to CONSOL Energy mainly in Gilmer and Ritchie Counties in its Racket-Newberne storage area. Dominion has also farmed out approximately 13,000 acres to Triana Energy LLC in Harrison and Taylor Counties in its Bridgeport Storage area. In conjunction with the farmout with CONSOL, Dominion Transmission and CONSOL have executed a binding precedent agreement to transport 250,000 dekatherms per day from the Fink-Kennedy area to See full press release
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsGuidanceContractsManagementGlobal
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!