KDKA 2 - Station Info KDKA News Radio 1020 - Station Info 93-7 The Fan - Station Info Pittsburgh-CW-Logo

Latest News

Bids Open For Airport Drilling

(Photo Credit: KDKA)

(Photo Credit: KDKA)

Andy Sheehan

Reporting Andy Sheehan

PITTSBURGH (KDKA) — The Allegheny County Airport Authority opened bids Wednesday morning from gas exploration companies vying to drill in Marcellus Shale deposits at two airports.

There are 9,263 acres of land at Pittsburgh International Airport and the Allegheny County Airport with Marcellus Shale deposits.

Of the two bids received EQT was the high bidder with an offer of $44 million to lease the gas rights to land at both airports.

That figure doesn’t include future royalties that the county could receive from actual shale drilling.

Under the FAA administration rules, any money generated at the airport must be used for airport purposes.

So if the deal is approved, the authority will likely use the money to retire airport bonds and to reduce airport landing fees in an effort to attract more carriers to Pittsburgh International.

Currently, Pittsburgh International is only 15 percent occupied.

RELATED LINKS
Drilling Possible At Pittsburgh International (11/27/2012)
More Local News
More Reports From Andy Sheehan

Listen Live!

TV Schedule

Full Program Grid
7:00 PM CBS Evening News with Scott Pelley
7:30 PM omg! Insider
8:00 PM 2 Broke Girls
8:30 PM Rules of Engagement
9:00 PM The Big Bang Theory
9:31 PM Mike & Molly
10:00 PM Hawaii Five-0
11:00 PM KDKA-TV News at 11
11:35 PM Late Show with David Letterman

Now On KDKA-TV:

follow us Now On KDKA TV: video on demand Now On KDKA TV: weatherbug small Now On KDKA TV: waitingchildsm Now On KDKA TV: ptls Now On KDKA TV: driving skills for l41d84c Now On KDKA TV:  Now On KDKA TV: heinzredzonerecipes3 Now On KDKA TV: hometownhighq Now On KDKA TV: 50261 pitts kdka local alleghenygeneralhospital extraeffort 140x85 2012 0817 Now On KDKA TV:

Select a Live Stream