EQT Corp. has launched a pilot program to begin converting its Marcellus Shale drilling rigs from diesel-powered equipment to run on liquefied natural gas (LNG), the Pittsburgh-based company said Thursday.
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‘Tectonic Shift’ Under Way in Midstream Sector
The drillbit is moving from unconventional dry natural gas activity to wetter gas and crude, but the infrastructure has yet to catch up, increasing barriers to entry for some and giving existing operators a “natural edge,” an analyst with Tudor, Pickering, Holt & Co. Inc. (TPH) said in new research on the midstream sector.
‘Tectonic Shift’ Said Under Way in Midstream Sector
The drillbit is moving from unconventional dry natural gas activity to wetter gas and crude, but the infrastructure has yet to catch up, increasing barriers to entry for some and giving existing operators a “natural edge,” an analyst with Tudor, Pickering, Holt & Co. Inc. (TPH) said in new research on the midstream sector.