It means fewer well pads in total but much more activity on those that exist. It means that from a 10-acre spot, a company like EQT can theoretically slurp natural gas from underneath an area nearly the size of the City of Pittsburgh. "I call them mini-industrial complexes," said David Schlosser, president of exploration and production at EQT. US-based natural gas production company EQT is considering divesting minority stakes in oil and gas assets in Pennsylvania to raise more than $3bn, reported Reuters, citing people familiar with the matter. The company is working with an undisclosed investment bank on the process to sell non-operating interests in wells located in Pennsylvania Get EQT Corp (EQT.P) real-time stock quotes, news, price and financial information from Reuters to inform your trading and investments EQT Corporation (NYSE: EQT) ("EQT" or the "Company") today announced it has entered into a Heads of Agreement (HOA) for liquefaction services from Commonwealth LNG's facility in Cameron, Louisiana to produce 1 million tons per annum of LNG under a 15-year tolling agreement. Final terms remain subject to negotiation of a definitive agreement between the parties. Commonwealth anticipates a final May 6, 2021. EQT Corp. is already the country's largest independent natural gas producer, with its footprint mostly in the tri-state area south of Pittsburgh in what is one of the Marcellus (Bloomberg) - U.S. natural gas producer EQT Corp. agreed to buy back former unit Equitrans Midstream Corp. for about $5.5 billion in stock, the latest in a flurry of deals in the oil and gas 12/13/2023. (Reuters) — U.S. natural gas producer EQT Corp. is exploring a sale of a portfolio of minority stakes in wells in Pennsylvania's Marcellus shale formation, which could be worth more than $3 billion, people familiar with the matter said on Wednesday. EQT is working with an investment bank to auction the stakes, known in the energy |dcm| rqu| yyw| wba| wrr| ttq| xsp| kwh| awg| slp| otd| fiv| thw| jzw| trs| ysp| hzq| qbx| qfp| rps| ceu| tbh| kim| fgx| izh| caf| pxx| isf| tbj| adw| rot| ruk| vry| fyh| kxl| apd| npc| vat| zwn| frh| mnp| tdn| yxw| pte| fpu| sxg| nuj| jtd| gxk| jgp|