PA Marcellus Industry Gives Back This Thanksgiving Season
It’s time to revisit a topic we’ve covered many times before — philanthropy in the Marcellus/Utica region. Drillers and pipeline companies in the M-U region already contribute to the region through the generous lease bonuses and royalties paid to landowners. In addition to the billions that flow to landowners, M-U companies cumulatively donate millions of dollars to local communities and nonprofit organizations. Here’s the latest example of that in action: The Marcellus Shale Coalition (MSC) says its members (and their employees) have embraced this Thanksgiving season by giving back through food drives, volunteering at local charities, and supporting community initiatives. Read More “PA Marcellus Industry Gives Back This Thanksgiving Season”
Back into the 30s! The number of new permits issued in the Marcellus/Utica last week was 31, after being 24 the week before. Over the past five weeks (including last week), the number of new permits issued has been 37, 39, 37, 24, and 31, respectively. Not bad at all. Pennsylvania issued 14 new permits last week, down from 16 the prior week. Ohio issued 5 new permits, down from 6 the prior week. West Virginia, which issued no new permits two weeks ago, soared, issuing 12 permits last week. 
In June, EQT Corp. agreed to pay $167.5 million to investors who claimed the company overstated the benefits of its $6.7 billion merger with Rice Energy (see 
Marcellus/Utica natural gas production is rebounding in November, increasing by about 700 MMcf/d to an average of 35.5 Bcf/d recently, as drillers react to rising in-basin pricing and tightening regional fundamentals due to higher seasonal demand. This increase signifies an easing of the production shut-ins carried out during the third quarter when loose supply-demand dynamics pushed prices, which averaged $1.40-$2.97/MMBtu, to an average of below $2/MMBtu on more than a third of days. 
Here’s an interesting and mysterious twist. EQT Corp., through its division EQT Ventures, has secured an option to purchase a sprawling, 400-acre former steel plant site along the Monongahela River in Washington County, PA, from Mon River Partners LP. The property, known as the Mon River Industrial Park, was once the Wheeling-Pittsburgh site and offers valuable access to the river, I-70, rail lines, and heavy-duty electrical infrastructure. 
EQT Corporation self-reported a wastewater spill at its Secretariat Well Site in Gilmore Township (Greene County), PA, on October 3. Multiple spots were found after the completions crew removed its containment apparatus from the pad. EQT immediately got to work remediating the site and has (so far) removed 340 barrels of wastewater (14,280 gallons) and 21.5 roll-off boxes of dirt. EQT reported the spill to the Pennsylvania Department of Environmental Protection (DEP) as soon as it was observed on October 3. A DEP inspector finally showed up on October 10. 
We happened across a lawsuit we didn’t know about, involving an issue we’ve seen before. A landowner in Belmont County, Ohio, filed a lawsuit in June 2024 alleging that Gulfport Energy, in a joint development agreement with EQT (the lease owner), drilled three wells under the landowner’s property that tapped into the Point Pleasant formation, which sits immediately below the Utica. The landowner said the lease only allows drilling in the Utica and Marcellus and NOT in the Point Pleasant. 
EQT Corporation delivered its latest quarterly update yesterday for the third quarter of 2025. Like prior quarterly updates, it was jam-packed. The company, having already secured deals to supply natural gas to two of Pennsylvania’s biggest data and AI center projects, anticipates winning even more agreements in the coming months and years. During the earnings call, CEO Toby Rice said, “Strategically, when we look at what we’re doing, it’s really simple: getting access to the best markets and supplying the best energy.” He added, “Our execution machine is firing on all cylinders.” 
Disappointingly, the Trump Federal Trade Commission (FTC) voted 3-0 to maintain a “consent order” that prevents private equity firm Quantum Energy Partners from owning stock in EQT and prohibits the CEO of Quantum from serving on EQT’s Board of Directors. This is all to do with EQT’s purchase of fellow driller Tug Hill in 2023. In September 2022, EQT announced a deal to buy privately owned Tug Hill Operating’s West Virginia shale assets (90,000 acres and 800 MMcf/d of production in West Virginia) for roughly $5.2 billion (see 
On July 3, 2024, the Pennsylvania Department of Environmental Protection (DEP) issued an order to EQT asking the company to produce records as part of the agency’s ongoing investigation into the release of up to an estimated 940,000 gallons of wastewater at the Brova shale gas well pad in North Bethlehem Township, Washington County, and similar failures at six other EQT well pads. The issue revolves around the use of “dump lines” at well pads. EQT states that the DEP’s request for reviewing physical paperwork is onerous, and the agency lacks the authority to regulate dump lines anyway. The DEP wants to ensure that another dump line issue (spilling of wastewater) doesn’t happen.