How Did M-U Gas Drillers Spend Their 2022 Record Haul of Cash?

Investors in shale oil and gas companies suffered for years with little or no returns for the money they invested…. Continue reading The post How Did M-U Gas Drillers Spend Their 2022 Record Haul of Cash? first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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18 New Shale Well Permits Issued for PA-OH-WV Apr 24-30

New shale permits issued for Apr. 24-30 in the Marcellus/Utica fell from the prior week. There were 18 new permits… Continue reading The post 18 New Shale Well Permits Issued for PA-OH-WV Apr 24-30 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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EQT Seeks to Extend Note Redemption Extra 6 Mos. for Tug Hill Deal

Last September, EQT Corporation announced it is buying privately-owned Tug Hill Operating’s West Virginia shale assets for $5.2 billion (see… Continue reading The post EQT Seeks to Extend Note Redemption Extra 6 Mos. for Tug Hill Deal first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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EQT 1Q – Tug Hill on Track, Rice a Fan of “Electrify the World”

EQT Corporation, the largest natural gas producer in the U.S., issued its first quarter 2023 update yesterday. The company reported… Continue reading The post EQT 1Q – Tug Hill on Track, Rice a Fan of “Electrify the World” first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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25 New Shale Well Permits Issued for PA-OH-WV Apr 17-23

New shale permits issued for Apr. 17-23 in the Marcellus/Utica picked up five from the prior week. There were 25… Continue reading The post 25 New Shale Well Permits Issued for PA-OH-WV Apr 17-23 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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$8 Billion in Free Cash Flow for Shale Gas Drillers “Off the Table”

Free cash flow (FCF) refers to a company’s available cash repaid to creditors and as dividends and interest to investors…. Continue reading The post $8 Billion in Free Cash Flow for Shale Gas Drillers “Off the Table” first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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20 New Shale Well Permits Issued for PA-OH-WV Apr 10-16

New shale permits issued for Apr. 10-16 in the Marcellus/Utica picked up two from the prior week. There were 20… Continue reading The post 20 New Shale Well Permits Issued for PA-OH-WV Apr 10-16 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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EQT CEO Toby Rice Made $11.6M in 2022, Down from $16.9M in 2021

Yesterday EQT Corporation held its annual meeting in Pittsburgh. It was short and sweet. Everything presented in the company’s previously… Continue reading The post EQT CEO Toby Rice Made $11.6M in 2022, Down from $16.9M in 2021 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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18 New Shale Well Permits Issued for PA-OH-WV Apr 3-9

New shale permits issued for Apr. 3-9 in the Marcellus/Utica dropped again from the prior week. There were 18 new… Continue reading The post 18 New Shale Well Permits Issued for PA-OH-WV Apr 3-9 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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WV, EQT, Battelle Submit ARCH2 Application for M-U Hydrogen Hub

Yesterday MDN told you about the recently-filed application by the State of Pennsylvania to attract one of 6 to 10… Continue reading The post WV, EQT, Battelle Submit ARCH2 Application for M-U Hydrogen Hub first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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EQT to Plant Trees in Wheeling, WV to Help Company Reach Net-Zero

These days oil and gas companies (and other types of companies, too) have to “prove” they are helping to make… Continue reading The post EQT to Plant Trees in Wheeling, WV to Help Company Reach Net-Zero first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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21 New Shale Well Permits Issued for PA-OH-WV Mar 27-Apr 2

New shale permits issued for Mar. 27-Apr. 2 in the Marcellus/Utica dropped quite a bit from the prior week. There… Continue reading The post 21 New Shale Well Permits Issued for PA-OH-WV Mar 27-Apr 2 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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Fed Court Rules EQT, Diversified Must Face WV Class Action

Last summer, MDN brought you the news about a lawsuit against Diversified Energy and EQT over the issue of old… Continue reading The post Fed Court Rules EQT, Diversified Must Face WV Class Action first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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EQT Does Deal with Blockchain/Software Co to Sell Low-Carbon Gas

Yesterday, EQT Corporation and Context Labs announced a partnership to advance the commercialization of verified low-carbon intensity natural gas products… Continue reading The post EQT Does Deal with Blockchain/Software Co to Sell Low-Carbon Gas first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.

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