Brief: Equitrans Midstream Provides Rager Mountain Storage Facility Update

Equitrans Midstream

24/08/2023 21:49

Equitrans Midstream Corp  ETRN.N :
    * EQUITRANS MIDSTREAM PROVIDES RAGER MOUNTAIN STORAGE
FACILITY
UPDATE
    * EQUITRANS MIDSTREAM CORP - SUBMITTED TO PHMSA INFORMATION
ON
ROOT CAUSE INVESTIGATION AND ANALYSIS RELATED TO RAGER MOUNTAIN
STORAGE FACILITY INCIDENT
    * EQUITRANS MIDSTREAM -DIRECT CAUSE OF VENTING FROM RAGER
WELL
#2244 DUE TO WATER- AND OXYGEN-INDUCED CORROSION ON OUTSIDE
DIAMETER OF TOP JOINT OF WELL
    * EQUITRANS MIDSTREAM CORP -  DIRECT CAUSE OF VENTING FROM
RAGER
WELL #2244 WAS INFILTRATION OF ORGANIC/INORGANIC MATTER INTO
ANNULUS
    * EQUITRANS MIDSTREAM CORP - EQUITRANS' INITIAL GAS LOSS
ESTIMATE
FOR WELL #2244 WAS ABOUT 1.29 BCF
    * EQUITRANS MIDSTREAM CORP - FOLLOWING COMPLETION OF RCA,
CUMULATIVE GAS LOSS WAS DETERMINED TO BE ABOUT 1.164 BCF
    * EQUITRANS MIDSTREAM CORP -  IT HAS NOT YET BEEN DETERMINED
WHETHER WELL #2244 WILL BE PERMANENTLY PLUGGED OR RETURNED TO
SERVICE
    * EQUITRANS MIDSTREAM CORP -  SEVERAL OTHER RAGER WELLS HAVE
UNDERGONE TOP JOINT CASING REPLACEMENTS
    * EQUITRANS MIDSTREAM CORP - ACCELERATED ITS OVERALL
WIRELINE
PROGRAM AND IS EXPECTED TO COMPLETE UPDATED LOGGING OF
APPROXIMATELY 100 WELLS IN 2023

Source text for Eikon:  ID:nBw8f26nYa 
Further company coverage:  ETRN.N