Insight: Opportunities Abound for Natural Gas Producers in Appalachia
In recent years, Appalachian gas firms faced some big challenges: chronically low gas prices, infrastructure that is in perpetual catch-up mode, and the changing complexion of competition.
Initially, low gas prices resulted in part from success in dry gas plays like the Marcellus. More recently, associated gas from the Eagle Ford, Permian, Midcontinent and other oily plays factor prominently in the ongoing saga of low prices. However, chronically low gas prices may find reprieve this summer from low storage inventories.
This translates into opportunity for Appalachia.