Dominion Transmission Inc
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| - | Richmond, Virginia-based '''Dominion Transmission Inc.''' is one of the largest energy transporters and producers in the US with thousands of miles of transmission, gathering and storage pipelines. It also operates the largest gas storage facility in the US, and retails energy in twelve states. | + | Richmond, Virginia-based '''Dominion Transmission Inc.''' is one of the largest energy transporters and producers in the US with thousands of miles of transmission, gathering and storage pipelines. It also operates the largest gas storage facility in the US with with a capacity of 975 billion cubic feet of storage. It retails energy in twelve states. |
| It has proposed the [[Keystone Pipeline]] to transport Pennsylvania and West Virginia natural gas to the Northeast. | It has proposed the [[Keystone Pipeline]] to transport Pennsylvania and West Virginia natural gas to the Northeast. | ||
Revision as of 16:58, 6 October 2009
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Richmond, Virginia-based Dominion Transmission Inc. is one of the largest energy transporters and producers in the US with thousands of miles of transmission, gathering and storage pipelines. It also operates the largest gas storage facility in the US with with a capacity of 975 billion cubic feet of storage. It retails energy in twelve states.
It has proposed the Keystone Pipeline to transport Pennsylvania and West Virginia natural gas to the Northeast.
Dominion was reported in September, 2008 as owning a two thirds working interest in approximately 600,000 to 800,000 acres of Marcellus shale mostly in western Pennsylvania and West Virginia mostly in western Pennsylvania and West Virginia. The remaining third had been assigned to Antero Resources.
A further report in late September clarified that the actual acerage Antero would own a working interest in was only 114,259. This deal closed September 30 with Dominion retaining a 7.5% royalty on the production of any wells drilled by Antero.
Antero is also anchor tenant of the proposed Keystone Pipeline.
According to an August, 2009 press release, Dominion and Williams Transco announced a joint venture called the Keystone Connector to market and develop a new pipeline to transport natural gas from the Rockies and southern Marcellus shale to markets in eastern U.S. cities.
At the end of September, 2009, Dominion announced that it had filed a plan with the Federal Energy Regulatory Commission (FERC) for the Appalachian Gateway Project.
- Gary Sypolt is Dominion's CEO.
