Replies to This Discussion

Permalink Reply by Gary on March 3, 2014 at 11:34pm

Todd I see on slide 16 that EQT's Utica Wet Gas lines go through Hancock and Beaver County. Most others seem to think it stops in Ohio. What do you think?

Permalink Reply by Todd on March 4, 2014 at 6:59am

Hi Gary,
An industry contact told me to only believe about 90% of company investor presentations. EQT does have some legacy acreage in Hancock so it would benefit them if the Utica were wet here.
I apply the same principle to RRC's wet/super-rich - they're going to draw the lines to benefit/highlight their acreage positions.
According to USGS, Hancock is in the sweet spot for Utica dry gas. The Upper Devonian shales and Marcellus are wet according to MCOR/PSU.

Permalink Reply by Gary on March 4, 2014 at 7:09am

Yeah, i agree with you i think it dry also..but they seemed to draw the map