Appalachian Footprint
As a growing resource for domestic energy, the Appalachian Basin is burgeoning with new natural gas production
activity, and EQT is one of the leading players within the region.
Production footprint
With a planned investment of nearly $1.0 billion for well development this year, EQT continues
to be a formidable player in Appalachian Basin natural gas production. EQT drilled 489 wells in 2010.
Approximately two-thirds were horizontal wells in low pressure shales and tight sands, while the rest
consisted of coalbed methane and Marcellus shale. Over the past three years, the company has
experienced a 99.6 percent development drilling success rate.
3Ps and Emerging Reserves
Through continuing improvements to its drilling capabilities in unconventional reservoirs, EQT’s
existing Appalachian acreage position continues to offer greater promise. EQT has approximately
21.2 Tcfe of proved, possible and probable reserves-the 3Ps. Add to that an additional 10.8 Tcfe
in unrisked reserve potential, and EQT is extremely well poised to maintain its position as a leader
in Appalachian production.
Drilling rights
EQT has secured the drilling rights to nearly 3.5 million acres of land across the Appalachian Basin,
including property in Kentucky, West Virginia, Virginia and Pennsylvania. We strive to use the most
efficient and environmentally-friendly drilling techniques to ensure we leave the land as we found it.