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Antero Resources Corporation Seeks to Intervene in Federal Energy Regulatory Commission Proceeding

Strategic Insights

— 2 min read

Antero Resources Corporation has submitted a motion to intervene in a Federal Energy Regulatory Commission (FERC) proceeding, seeking to participate in the regulation of a new, non-conforming negotiated rate firm transportation agreement between Natural Gas Pipeline Company of America LLC and Sequent Energy Management LLC. The agreement, which is set to become effective on October 1, 2025, will implement a fixed negotiated rate for transportation services. Antero Resources Corporation, a natural gas producer in the Marcellus and Utica Shale plays, has a direct and substantial interest in this proceeding and seeks to participate as a party to ensure its interests are adequately represented.

Key Takeaways:

  • Antero Resources Corporation has submitted a motion to intervene in a FERC proceeding, seeking to participate in the regulation of a new transportation agreement between Natural Gas Pipeline Company of America LLC and Sequent Energy Management LLC.
  • The agreement, set to become effective on October 1, 2025, will implement a fixed negotiated rate for transportation services, which represents a permissible material deviation from the pro forma service agreement.
  • Antero Resources Corporation has a direct and substantial interest in this proceeding, as it has existing long-term firm service agreements with Natural Gas Pipeline Company of America LLC and will be affected by the Commission's actions.
  • The company seeks to participate as a party to ensure its interests are adequately represented, citing Rule 212 of the Rules of Practice and Procedure of the Commission.
  • Antero Resources Corporation has requested that the Commission waive Rule 203(b)(3) in order to allow all designated representatives to be included on the Commission's official service list.
  • The company's principal place of business is located at 1615 Wynkoop Street, Denver, Colorado 80202, and it is a natural gas producer in the Marcellus and Utica Shale plays.
  • Antero Resources Corporation has a direct and significant interest in this proceeding, as it will be affected by the Commission's actions and decisions regarding the new transportation agreement.

Statistics:

  • The new transportation agreement between Natural Gas Pipeline Company of America LLC and Sequent Energy Management LLC is set to become effective on October 1, 2025.
  • The agreement will implement a fixed negotiated rate for transportation services, which represents a permissible material deviation from the pro forma service agreement.
  • Antero Resources Corporation has existing long-term firm service agreements with Natural Gas Pipeline Company of America LLC.
  • The Commission has received a motion to intervene from Antero Resources Corporation, seeking to participate in the proceeding as a party.

Sources:

  • FERC Gas Tariff Eighth Revised Volume No. 1 and Original Volume No. 1-A ("Tariff")
  • 18 C.F.R. SSSS 385.212 & 385.214 (2024)
  • https://elibrary.ferc.gov

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