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Drilling Down: Consol Begins Natural Gas Production at Pittsburgh Airport | July 19, 2016

Consol Begins Natural Gas Production at Pittsburgh Airport

PITTSBURGH – Six horizontal wells owned by Consol Energy Inc. at the Pittsburgh International Airport are now in production, leading to critical non-aviation revenue for the Allegheny County Airport Authority, the partners announced this morning. Under the lease agreement with Consol, the Airport Authority received an up-front payment of $46 million and will receive monthly […]

Drilling Down: Gas Production Inches Up in Western Pa.’s Utica | July 11, 2016

Gas Production Inches Up in Western Pa.’s Utica

YOUNGSTOWN, Ohio — Oil and gas production in western Pennsylvania’s northern tier of the Utica shale – which generally encompasses Lawrence and Mercer counties – increased slightly during the first quarter of 2016 compared to the previous three-month period, data show. Together, Lawrence and Mercer counties yielded 11.510 billion cubic feet of gas for the […]

Drilling Down: TransCanada Completes $13B Deal for Columbia Pipeline | July 5, 2016

TransCanada Completes $13B Deal for Columbia Pipeline

CALGARY, Alberta – TransCanada Corp. announced Friday that it has completed its acquisition of Columbia Pipeline Group Inc., whose assets include the Hickory Bend gathering and processing system in the Mahoning Valley. “This acquisition is a tremendous opportunity to obtain a competitively positioned, growing network of regulated natural gas pipelines and storage assets in the […]