Duke Energy abandons Constitution Pipeline
Thursday, March 5, 2020
Due to years of legal regulatory challenges, Duke Energy has abandoned the nearly $1 billion Constitution Pipeline project, stating the project is economically unfeasible at this point, according to mrt.
“Although Constitution did receive positive outcomes in recent court proceedings and permit applications, the economics associated with this greenfield project have since changed in such a way that they no longer justify investment,” Duke spokeswoman Tammie McGee said by email.
Duke is one of four partners invested in the Constitution Pipeline. The others include Oklahoma-based Williams Cos., the principal partner; Houston-based Cabot Oil and Gas and Calgary, Alberta-based Alta Gas.
Learn more: mrt > Costs, delays scuttle 124-mile Constitution Pipeline project
Leave a Comment
Marcellus & Utica Shale Well Map
Additional Shale Maps
Shale FAQ
What is fracking?
Fracking is a slang term for hydraulic fracturing. Fracturing is a process by which highly pressurized fluid is pumped thousands of feet into the ground to fracture rock formations. The goal is to release the natural gas that’s locked inside the rock.
Is it safe?
What most concerns people about fracturing is ground water contamination. The worry is that fractures underground, caused by the process, will extending upwards and into aquifers, releasing gas and chemicals into the ground water supply. There’s been no confirmed reports of such a thing happening. Though surface spills and drill site blowouts can lead to localized environmental concerns.
Will my water catch on fire?
Flammable water is caused by the release of methane gas into a drinking water supply. Methane gas occurs naturally and can be released by any kind of drilling, including water wells. In Pennsylvania officials fined Chesapeake Energy $1 million for contaminating ground water with methane. It was determined that the company had not properly cemented it’s boreholes and gas migrated up the well, between rock and into aquifers.