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The natural gas storage report from the EIA for the week ending January 29th indicated that the amount of natural gas held in underground storage in the US fell by 192 billion cubic feet to 2,689 billion cubic feet by the end of the week, which left our gas supplies 41 billion cubic feet, or 1.5% higher than the 2,648 billion cubic feet that were in storage on January 29th of last year, and 198 billion cubic feet, or 7.9% above the five-year average of 2,491 billion cubic feet of natural gas that have been in storage as of the 29th of January in recent years..the 192 billion cubic feet that were drawn out of US natural gas storage this week was a bit less than the average forecast of a 195 billion cubic foot withdrawal from an S&P Global Platts survey of analysts, but more than the 155 billion cubic foot withdrawal from natural gas storage seen during the corresponding week of a year earlier, and also more than the average withdrawal of 146 billion cubic feet of natural gas that h ....
CHARLESTON â Diversified Gas & Oil Corporation announced the opening of its state-of-the-art natural gas control center in its Charleston regional office. The new facility will initially support the monitoring of the Cranberry Pipeline network, which transports 70 million mcf (thousand cubic feet) of natural gas per day across approximately 3,000 miles of gathering, midstream and transmission pipeline in West Virginia, the company said in a news release Tuesday. The control and monitoring of other company owned and operated assets will be transitioned to the Charleston center over time, the release said. âThis significant investment in our Charleston regional office allows us to consolidate similar operations into one centrally-located and highly advanced command center,â Benjamin Sullivan, executive vice president for Diversified, said in the release. âWe are committed to operating in the safest, most responsible and proactive manner possible. This ....
Diversified Gas & Oil (DGO) owns close to 8 million acres of leases with some 60,000 (mostly) conventional oil and gas wells. Their focus has been to acquire quality production and cash flow–regardless of the well or commodity type (gas or oil)–in the Appalachian Basin. DGO currently owns over 400 Marcellus/Utica shale wells in their portfolio too. The company announced yesterday it has just opened a new “state-of-the-art” natural gas control center in Charleston, WV. Initially, the new center will monitor the Cranberry Pipeline network. Please Login to view this content. (Not a member? Join Today!) Related ....