Yesterday was the first day of the two-day Shale Insight conference being held in Erie, PA. By all accounts, it… Continue reading The post Shale Insight Day 1: Toby Rice, Nick Dell’Osso, Neal Chatterjee, More first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
In February 2020, EQT Corporation’s credit rating (for company-issued bonds) was designated at the “junk” (i.e. non-investment grade) level. In… Continue reading The post EQT Stock Joins the Big Boys on S&P 500 Index Beginning Oct. 3 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Last week EQT Corporation confirmed it is buying Tug Hill’s THQ Appalachia operation with major assets in West Virginia for… Continue reading The post EQT Says No Big M-U Drillers Left to Buy After Tug Hill Deal first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Yesterday MDN brought you the news that EQT Corporation is buying the West Virginia assets of Tug Hill Operating–the company’s… Continue reading The post EQT CEO Toby Rice Pulls Back the Curtain on Tug Hill $5.2B Deal first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
The rumors were right. Yesterday we brought you the news (rumors), as reported by both Reuters and Bloomberg, that EQT… Continue reading The post Confirmed: EQT Buys Tug Hill’s THQ Appalachia for $5.2 Billion first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
In June, MDN brought you the news that Tug Hill was shopping its THQ Appalachia division (Tug Hill’s West Virginia… Continue reading The post EQT Close to Buying Tug Hill’s THQ Appalachia for $4+ Billion first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Last week the three states with active Marcellus/Utica drilling, Pennsylvania, Ohio, and West Virginia, issued a collective 19 new drilling… Continue reading The post 19 New Shale Well Permits Issued for PA-OH-WV Aug 22-28 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Drillers (exploration and production companies, or E&Ps) were thrilled with record-high earnings and cash flow in the second quarter of… Continue reading The post How Did M-U Drillers Spend All Their Extra Cash in 2Q22? first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
After several weeks of anemic permit numbers for Pennsylvania, last week PA came roaring back by issuing 30 permits to… Continue reading The post 45 New Shale Well Permits Issued for PA-OH-WV Aug 15-21 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Wow! What a difference two years can make. At the dawn of the pandemic, the share price for publicly traded… Continue reading The post Marcellus/Utica Drillers Reimburse Stockholders as Cash Piles Up first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Ever hear the old saying, “A bird in the hand is worth two in the bush?” That seems to be… Continue reading The post EQT Elects to Take $196M Bird-in-Hand Payment from Equitrans/MVP first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
The oil and gas industry historically has been subject to wide swings in profits and losses. Some years are up,… Continue reading The post 4 Marcellus/Utica Drillers Earn Over $1 Billion in 1Q22 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
We finally started to see more permits issued again last week. After the Marcellus/Utica was in the permit doldrum for… Continue reading The post 34 New Shale Well Permits Issued for PA-OH-WV Jun 13-19 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Yesterday EQT Corporation, the largest producer of natural gas in the United States, announced the publication of its 2021 Environmental,… Continue reading The post EQT Issues 2021 ESG Report – Net Zero for Scope 1 & 2 by 2025 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.
Wrapping up the coverage of the recent Hart Energy DUG East Conference, Pittsburgh Business Times reporter Paul Gough pulled together… Continue reading The post Conference Addresses Why It’s Hard to Export More M-U LNG first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.