NEW YORK–Alcoa (NYSE: AA) announced today that Alcoa
      Oil & Gas was awarded a contract from Pennsylvania General
      Energy (PGE) to produce 3,500 feet of aluminum
      alloy drill pipe for gas drilling in the Marcellus
      Shale formation of Central Pennsylvania.
Alcoa’s 4.5” drill pipe will extend the reach of the carrier-mounted
      drilling rig used on natural gas wells in the Marcellus Shale formation
      to a total depth of approximately 7,500 feet. This is 1,000 feet deeper
      than conventional steel drill pipe can penetrate without using larger,
      more costly rigs.
Alcoa’s innovative drill pipe is a tapered, high-strength, aluminum
      alloy tube coupled with proprietary thermal connection technology that
      allows steel tool joints to attach to the aluminum pipe’s body. This
      feature optimizes the pipe’s strength-to-weight ratio and gives it the
      capability to be used with steel pipe. Alcoa’s pipe design and unique
      aluminum construction make it up to 50 percent lighter than steel pipe,
      yet it maintains the durability and strength of steel. The Alcoa pipe
      significantly increases a rig’s operating efficiency while allowing for
      deeper drilling.
“The high strength-to-weight ratio of Alcoa pipe will allow PGE to drill
      deeper with less energy-intensive rigs and to maintain a smaller
      drilling footprint, which is a win for PGE, our land owners, and the
      environment,” said Justin L. Hansen, Drilling Engineer, PGE.
“We are pleased that Pennsylvania General Energy recognizes the value
      Alcoa drill pipe can bring to challenging drilling projects like those
      in the Marcellus Shale formation,” said Dr. Jamal Righi, General
      Manager, Alcoa Oil & Gas. “For deep drilling, it is possible to move
      twice the amount of Alcoa pipe than steel pipe, with reduced torque and
      drag, making Alcoa pipe the preferred drill pipe for efficient
      deep-drilling exploration.”
Pennsylvania General Energy has 30-plus years of oil and natural gas
      development experience in the Appalachian Basin and was one of the first
      companies to explore the Marcellus formation and successfully drill a
      well in 2005.
About Alcoa Oil & Gas
Alcoa Oil and Gas offers customized solutions specific to the oil and
      gas and neighboring industries, including strong, light weight Aluminum
      Alloy Drill Pipe, subsea riser systems, engineered forgings and
      extrusions and fabricated products. Alcoa’s aluminum alloy technology
      can help enable design solutions which offer up to 50% weight savings
      for the oil and gas market, including the construction of high-strength,
      low-weight drilling risers, already proven in demanding deep water
      applications. For more information, visit www.alcoaoilandgas.com
      or contact Jay Grissom at Jay.grissom@alcoa.com.
About Alcoa
Alcoa is the world’s leading producer of primary aluminum, fabricated
      aluminum and alumina. In addition to inventing the modern-day aluminum
      industry, Alcoa innovation has been behind major milestones in the
      aerospace, automotive, packaging, building and construction, commercial
      transportation, consumer electronics and industrial markets over the
      past 120 years. Among the solutions Alcoa markets are flat-rolled
      products, hard alloy extrusions, and forgings, as well as Alcoa® wheels,
      fastening systems, precision and investment castings, and building
      systems in addition to its expertise in other light metals such as
      titanium and nickel-based super alloys. Sustainability is an integral
      part of Alcoa’s operating practices and the product design and
      engineering it provides to customers. Alcoa has been a member of the Dow
      Jones Sustainability Index for ten consecutive years and approximately
      75 percent of all of the aluminum ever produced since 1888 is still in
      active use today. Alcoa employs approximately 61,000 people in 31
      countries across the world. More information can be found at www.alcoa.com.