- American City Business Journals•yesterday
Rig counts in the tri-state region held steady this week even as a handful of big companies in the Marcellus and Utica shales say they're planning to increase drilling activities in the second half of the year. There were 36 rotary rigs working in the Appalachian states of Ohio, West Virginia and Pennsylvania, according to Baker Hughes' weekly count released Friday . Pennsylvania's 14 were the most, followed by Ohio's 12 and West Virginia's 10.
- American City Business Journals•2 days ago
EQT Corp. said Thursday that it would pick up the pace of its natural gas drilling program, starting about 63 more wells than previously planned in the Marcellus and Upper Devonian shales in the second half of 2016. The Pittsurgh-based driller's move comes amidst growing signs of improvement in the beleaguered natural gas industry, which has seen rig counts and employment fall as production and supply increased and prices fell starting in 2014. The Upper Devonian is another, deeper, layer of shale underneath Appalachia, a drilling program that EQT had previously suspended.
After hours: 72.86-0.00 (-0.00%) as of 4:34 PM EDT
|Bid||68.87 x 100|
|Ask||79.89 x 100|
|52wk Range||47.10 - 80.61|
|Day's Range||72.44 - 73.43|
|Avg Vol (3m)||1,809,687|
As of 4:05 PM EDT. Market closed.