8/1/2013

Some Pennsylvania drillers, including EQT, Consol Energy and Range Resources, detailed their drilling plans for the Upper Devonian formation, which is located above the prolific Marcellus Shale play. EQT said it plans to drill its Upper Devonian and Marcellus wells simultaneously. Doing so could avoid interference and the depletion of the shallower play, said Philip Conti, chief financial officer of EQT.

Related Summaries