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Tag Archives: eqt

Washington County residents speak against gas drilling

Gas well drilling companies can’t be counted on to follow the raft of ordinance changes being proposed in Peters, claim a group of Washington County residents who imparted what they said were their experiences with Marcellus Shale drilling to council Monday. “This is a cautionary tale,” said JoAnne Wagner of Mount Pleasant Township, where the first Marcellus well was drilled ...

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Report claims oil, gas drillers more open about fracking risks

fracking

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 advocacy groups was still downbeat about the drilling industry’s ...

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EQT announces future operations and midstream investments

EQT Corp. (NYSE: EQT) projects that it will invest $2.3 billion into production operations and various midstream projects in the coming year, according to its latest operational forecast. Of the total investments, $1.95 billion will be devoted to well development, $90 million for exploration and developmental geological surveys, with the remainder going toward overhead costs, well maintenance and compliance. Up ...

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Mingo Park well lease up for OK in Washington County

Washington County could begin receiving royalties within six months for natural gas drilling beneath Mingo Creek County Park, should county commissioners approve a contract with Range Resources as expected on Thursday. The five-year lease, with extension options, would pay $11.3 million at $6,500 per acre to allow Range Resources access to natural gas in 1,740 acres of Marcellus shale beneath ...

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EQT Corp. boosts profits despite lower gas prices

EQT — Corp. fought off lower natural gas prices in the Marcellus shale basin and posted increased profits during the third quarter, the Downtown firm said Thursday. Profit rose to $98.6 million, or 65 cents a share, during the three months that ended Sept. 30, an increase over the $86 million or 58 cents per share earnings it reported during ...

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EQT faces charges in 2012 spill at Tioga County drilling site

The Pennsylvania Attorney General’s office has filed a criminal complaint against Downtown-based EQT Corp. regarding an incident in 2012 in which flowback water leaked from a shale drilling site in Tioga County. Flowback is water containing sediment, metals and salt that returns to the surface after hydraulic fracturing. The attorney general’s office launched a criminal investigation on Sept. 22 based ...

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EQT announces pipeline to carry Marcellus gas to the Southeast

eqt

By Stephanie Ritenbaugh / Pittsburgh Post-Gazette Pittsburgh-based EQT and a Florida company NextEra Energy launched a non-binding open season for drillers that want to reserve capacity on the Mountain Valley Pipeline project, which will connect Marcellus and Utica natural gas to markets in the southeastern U.S. EQT and Juno Beach, Fla.-based NextEra also said on Thursday that they signed a ...

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