- Tight Gas & Oil
- Gas Hydrates
AGL is planning to spend $670 million on interstate pipeline construction projects, including infrastructure from the Marcellus and Utica and that could grow volumes moving to the Southeast, Midcontinent and Eastern Canada.
The company sold a condensate stabilization facility as part of a contractual agreement and continued to drive down drilling and completion costs in the Utica.
Although the Appalachian drilling market had stabilized a couple of months ago, the recent drop in commodity prices is causing customers to reassess activity.