EQT Midstream: 2 Major Pipeline Projects Advance, 1 Doesn’t
In addition to yesterday’s big news that EQT has decided to “take the plunge” and drill what is thought to be the deepest Utica Shale well yet, in Greene County, PA (see MDN’s related story today), EQT also announced yesterday their plans for their midstream operations over the coming months. CEO David Porges said EQT Midstream will spend “over $350 million” on midstream projects in 2014. The company has three major pipeline/midstream projects on the books. Porges said two of those projects are advancing while one is going “on the back burner”…
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Pennsylvania’s anti-drilling Democrat Auditor General Eugene DePasquale yesterday released a report (full copy below) criticizing the state’s Dept. of Environmental Protection (DEP) as being disorganized and ill-equipped to handle the rapid expansion of Marcellus Shale drilling in the state. What DePasquale forgot to mention in his report is his own whopping conflicts of interest. While he was a state legislator he pushed hard for so-called alternative energy programs to be funded by the state and as deputy secretary of the DEP he convinced a big wind farm operation to locate in the state. From his first day on the job, he was gunning for the Marcellus industry (see