Consol Energy Exec Dugan Optimistic About Natural Gas Drilling

Trib Live By Katelyn Ferrel Consol Energy enters 2015 having for a year honed its natural gas operations and strategy. The company began drilling at the Pittsburgh International Airport in July, corralled its natural gas pipeline operations in a spin-off partnership with Noble Energy in September and has plans to start a second one focused […]

Read More

Forward Township Road to Gas Well Waits for Repairs

Trib Live By Katelyn Ferral Driving along parts of Pangburn Hollow road in Forward Township is an exercise in precision steering. The residential Allegheny County road that runs to EQT’s Oliver West gas well is gone in several places, the only pavement left a yellow-lined strip in the middle. “There literally is no road to […]

Read More

Report Claims Oil, Gas Drillers More Open About Fracking Risks

Trib Live By Katelyn Ferral EQT Corp. and Range Resources Corp. were among companies that improved reporting about the risks to the environment and communities from hydraulic fracturing in a scorecard from a group that pushes corporations to be more environmentally responsible. But the report released Thursday by the coalition of investment companies and shareholder […]

Read More

‘Consolidation’ Might Be the Word For Some Shale Companies

Pittsburgh Tribune-Review By David Conti The for-sale sign WPX Energy Inc. recently put on its Marcellus shale wells and land could signal more moves among natural gas producers struggling with low prices, observers say. “I do know a couple of companies that are interested in getting out of the basin,” Lou D’Amico, president of the […]

Read More

Natural gas glut in Appalachia keeps pushing prices downward

By David Conti Lower gas prices and a production glut in Appalachia aren’t deterring the biggest drillers in the Marcellus shale. Companies continue to report surging production in their quarterly statements, and several are forecasting growth into next year. Production is growing because drillers are finding more efficient ways to extract gas from shale formations. […]

Read More
EQT logo

EQT Earnings Rise; Sales Price Continue To Slump

Pittsburgh Post-Gazette By Anya Litvak / Pittsburgh Post-Gazette / October 23, 2014 EQT Corp., a Downtown-based oil and gas company, reported net income of $98.6 million, or 65 cents per share, for the third quarter. That’s up from $88.3 million, or 58 cents per share, for the same time period last year. The company began […]

Read More

Water Pipelines Mostly a Pipe Dream in the Marcellus

Powersource By Anya Litvak Happy Valley Road in Morgan Township has been a bustling thoroughfare for the past several years, with tanker trucks zooming through the Greene County community 24 hours a day. The township has tried to find alternate routes to break up the truck flow. EQT Corp., the oil and gas company drilling shale […]

Read More