With Land In Tow, Consol’s Project In Pittsburgh Is Cleared For Takeoff

摘要

PITTSBURGH – Pittsburgh International Airport already serves as a bustling gateway for the busy tri-state area. Now, its subsurface will be equally lively. Earlier this year, Consol Energy leased 8,807 acres of mineral rights beneath the airport from Allegheny County and the Allegheny County Airport Authority, and Consol plans to aggressively develop those rights. “Early indications are the airport offers stacked-play opportunity,” said Nicholas DeIuliis, president, Consol Energy Inc., speaking at Hart Energy’s DUG East Conference & Exhibition in Pittsburgh in November. “We will drill 40 to 45 Marcellus wells on that property.” Upper Devonian potential also exists; that would be additive to the already hefty Marcellus resource base.