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Measured Depth

Amber McCullagh
Tens of paid subscribers

A Substack providing independent, data-driven analysis of North American natural gas markets

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PricingFreemiumPublishesWeekly
Issues53Foundeda year agoLast Issue7 days ago
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Latest Issues

Finally, gas combined cycles in West Virginia

Dominion’s Mt. Storm anchors TC Energy’s Appalachia Supply Project, tightening TCO Pool

West Virginia produces more gas than all but four other states, yet has no operational combined-cycle generating capacity — a testament to the durable...

7 days ago
6
Paid

2Q26 earnings: Which shipper wants MVP Southgate early?

MVP Southgate volumes back off eastbound flows at Transco Station 85, with Southeast demand upside limited by combined-cycle capacity

On its 2Q26 earnings call, EQT announced it is accelerating construction of MVP Southgate, pulling forwar...

14 days ago
3
Paid

2Q26 earnings: Which FT could Antero drop?

Antero’s lowest-rate path to the Gulf Coast — on Columbia Gas/Gulf — also expires first and thus would provide the most immediate FT savings

Antero’s announcements this summer address its core problem: excess FT from its Sherwood/Smithburg...

21 days ago
8
Paid

2Q26 earnings: Mapping Antero's East Side Express

What the likely route says about the company's plans to fill capacity out of Sherwood/Smithburg

Antero’s late-2025 pivot to dry gas improved the company’s inventory runway but did not solve its core problem: the mismatch between a bespoke,...

a month ago
5
Paid

The Solutide FID doesn't have to mean 16 Bcfd of Permian growth

If this project is so sorely needed, why aren't two of WhiteWater's Matterhorn JV partners participating?

Yesterday, WhiteWater, Devon, and others announced 4.5 Bcfd of new Permian gas takeaway capacity via the new Solitude Pipeline: two 4...

a month ago
10
Paid

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