Utah PSC hears settlement to add Piance Phase 2 to WEXPRO II portfolio

SALT LAKE CITY — The Utah Public Service Commission on Aug. 6, 2025, took into the record a settlement stipulation that would include the Piance Phase 2 development as a WEXPRO 2 property and admitted prefiled testimony and confidential exhibits from the company, the Division of Public Utilities and the Office of Consumer Services.

The stipulation would add an additional working‑interest agreement executed on April 17, 2025, between WEXPRO and a majority owner/operator of wells in the Piance Basin in western Colorado to the WEXPRO II portfolio. Austin Summers, director of regulatory and pricing for Enbridge Gas Utah, summarized the settlement to the commission and said, "the settlement is not final until the commission approves it in an order." He asked the commission to approve inclusion of the Piance Phase 2 development as a WEXPRO 2 property.

Why it matters: The WEXPRO II framework governs how WEXPRO production counts toward utility supply caps and how any savings relative to market prices are shared between WEXPRO and Enbridge customers. Past settlement modifications — notably the Trail and 2015 Canyon Creek stipulations — lowered production caps and revised how returns and cost sharing are calculated. Adding new properties to the portfolio affects future cost‑of‑service gas available to Utah ratepayers and how any below‑market savings are reported and shared.

Summary of stipulation and company position

Summarizing the filing,…