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Our Business > Production > Appalachian Footprint
Our Business

Appalachian Footprint

Appalachian Footprint

Natural gas is an efficient, clean-burning fuel source that is frequently used for power generation, as well as residential, industrial, and commercial uses. The abundant reserves in the Appalachian Basin provide a reliable domestic fuel source, with significant positive effects on jobs and our nation's economic prosperity, competitiveness, and security. EQT has a world-class asset base in the Appalachian Basin and is the leading producer of natural gas in the United States.

Production Footprint

In 2017, EQT drilled 201 wells in the Marcellus, Utica, and Upper Devonian formations. In 2018, EQT plans to spend approximately $2.7 billion on capital investments, which includes a forecasted 120 Marcellus wells, 34 Ohio Utica wells, and five Upper Devonian wells.

Through continuing improvements to its drilling capabilities in unconventional reservoirs, EQT’s existing Appalachian acreage position offers greater promise, and the company is extremely well poised to maintain its position as a leader in natural gas production.

Drilling Rights

As of November 1, 2018, EQT had secured the drilling rights to approximately one million net acres in the Marcellus shale, including 680,000 core net Marcellus acres. We strive to use the most efficient and environmentally responsible drilling techniques to ensure we leave the land as we found it.