• EQT Corp ( NYSE: EQT )

2024 Development Program Includes



Area

Category

2023

2024 Est. Initial
Updated
2024 Guidance
%Difference
(2023 vs 2024)
Company Wide Total Capital Expenditure ($mm)

        
Company Wide Frac / Completion Crew (s)
Company Wide Rig Count
Company Wide Wells Completed/Frac (Net Wells)

        
Company Wide Production Daily Equivalent (mmcfe/d)

 Click here for More Planned 2024 Activity

Permitting Activity


March 11,2024 : EQT Corp Permitted the FRACSLAP 31H Horizontal well in Wetzel,WV : Marcellus Shale
February 16,2024 : EQT Corp Permitted the Saison 31H Horizontal well in Greene,PA : Marcellus Shale
January 24,2024 : EQT Corp Permitted the Mallory C 5H Horizontal well in Lycoming,PA : Marcellus Shale
January 16,2024 : EQT Corp Permitted the Mallory C 15H Horizontal well in Lycoming,PA : Marcellus Shale
January 11,2024 : EQT Corp Permitted the Mallory C 1H Horizontal well in Lycoming,PA : Marcellus Shale
Click here for More Permits Activity

Completion Activity / Well Results


December 02,2015 : EQT Corp completed the EDMONDSON A U292H well in Glasscock,TX with 10 Million lbs of proppant using Cross Linked/Slick Water Frac. The Well flowed 62 boe/d which consists of 54 Oil BOPD and 44 Mcf of gas on a 7,971 foot lateral .
December 02,2015 : EQT Corp completed the EDMONDSON A U294H well in Glasscock,TX with 10 Million lbs of proppant using Cross Linked/Slick Water Frac. The Well flowed 343 boe/d which consists of 315 Oil BOPD and 161 Mcf of gas on a 8,091 foot lateral .
June 02,2015 : EQT Corp completed the EDMONDSON A U291H well in Glasscock,TX with 15 Million lbs of proppant using Slick Water Frac. The Well flowed 521 boe/d which consists of 384 Oil BOPD and 793 Mcf of gas on a 7,581 foot lateral .
March 07,2015 : EQT Corp completed the EDMONDSON A U303H well in Glasscock,TX with 9 Million lbs of proppant using Cross Linked/Slick Water Frac. The Well flowed 638 boe/d which consists of 593 Oil BOPD and 261 Mcf of gas on a 7,327 foot lateral .
January 21,2015 : EQT Corp completed the EDMONDSON A 2132 well in Glasscock,TX with 33 Million lbs of proppant using Slick Water Frac. The Well flowed 77 boe/d which consists of 65 Oil BOPD and 71 Mcf of gas .
Click here for More Completion Activity

Latest News & Activity




Deals - EQT Corp Acquisitions


Announce Date Price($MM) Region/Basin Headline
Sep-08-2022 Northeast - Appalachia  EQT to Acquire Appalachia E&P, Midstream Assets for $5.2 Billion in Cash/Stock
May-06-2021 Northeast - Appalachia  EQT Acquires Assets From Alta Resources For $2.9 Billion
Oct-27-2020 Northeast - Appalachia  EQT Acquires Chevron's Appalachia Assets For $735 Million
Total
More Deals...


Deals - EQT Corp Divestiture(s)


Announce Date Price($MM) Region/Basin Headline
May-14-2020 Northeast - Appalachia  Diversified Gas & Oil Acquires Appalachia Wells from EQT
Jun-14-2018 Northeast  Diversified Picks Up Appalachia Assets from EQT for $575MM
Apr-26-2018 Permian - Midland Basin  Operator Sells 70,000 Net Permian Acres for $64 Million
Total
More Deals...


Capital Raised


Announced DateAmount($MM) Type Headline
Sep-21-2022 Debt EQT Corp. Prices $1.0 Billion in Senior Notes Due 2025, 2028
Nov-22-2021 Equity-Stock-Sales EQT Prices $231.5MM Offering of Stock by Certain Shareholders
Oct-28-2020 Equity-Stock-Sales EQT Prices Stock Offering; 20 Million Shares at $15.50 Per Share
Total
More Financing...


About


EQT Corporation, together with its subsidiaries, operates as an integrated energy company in the United States It operates in three segments: EQT Production, EQT Midstream, and Distribution The EQT Production segment engages in the exploration, development, and production of natural gas, natural gas liquids, and crude oil in the Appalachian Basin The EQT Midstream segment provides gathering, processing, transmission, and storage services to the independent third parties in the Appalachian Basin This segment has approximately 10,450 miles of gathering lines The Distribution segment distributes and sells natural gas to residential, commercial, and industrial customers in southwestern Pennsylvania, West Virginia, and eastern Kentucky This segment serves approximately 276,500 customers consisting of 257,700 residential, and 18,800 commercial and industrial customers EQT Corporation was founded in 1925 and is headquartered in Pittsburgh, Pennsylvania

EQT Plaza
625 Liberty Avenue
Pittsburgh TX 15222
Phone Number
412 553 5700






 Drilling Activity ( Jan 2017 - Apr 2024)
Basin
APPALACHIAN BASIN

Personnel (13 people)

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Regional Manager
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Vice President Engineering
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President & CEO
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Sr Vice President, Engineering & Strategic Planning
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Vice President, Business Development
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Senior Principal Engineer
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Senior Vice President, Land & Business Developemnt
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Vice President Geosciences
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Vice President & General Counsel
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Landman, Business Development
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Frist Name Last Name Title Email Phone
Chad Stallard Regional Manager cstallard@eqt.com 606-437-5241
David Elkin Vice President Engineering delkin@eqt.com 412-395-2611
David Porges President & CEO dporges@eqt.com 412-553-5704
David Schlosser Sr Vice President Engineering & Strategic Planning dschlosser@eqt.com 412-395-3548
Erin Elkin Vice President Business Development eelkin@eqt.com 412-395-2611
Fil Sciullo Senior Principal Engineer fsciullo@eqt.com 412-395-2568
James E Crockard Senior Vice President Land & Business Developemnt jcrockard@eqt.com 412-553-7867
L. Joseph Morris Vice President Geosciences ljmorris@eqt.com 412-395-3547
Lewis Gardner Vice President & General Counsel lgardner@eqt.com 412-553-5907
Mark MacDougall Landman Business Development macdougallm@eqt.com 412-395-3191
Martin Fritz President Midstream mfritz@eqt.com 412-395-2992
Randall Crawford President Midstream & Distribution rcrawford@eqt.com 412-395-3291
Steve Schlotterbeck President Exploration & Production sschlotterbeck@eqt.com 412-395-3533

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2024 Development Program Includes Click here for More Planned 2024 Activity    



Area

Category

2023

2024 Est. Initial
Updated
2024 Guidance
%Difference
(2023 vs 2024)
Company Wide Total Capital Expenditure ($mm)

        
Company Wide Frac Crew
Company Wide Rig Count
Company Wide Wells Completed/Frac (Net Wells)

        
Company Wide Production Daily Equivalent (mmcfe/d)

 Company Divestiture

Announce Date Buyer$MMTypePlay/LocationDetails
May-14-2020 Property Marcellus Shale 
Jun-14-2018 Property United States 
Apr-26-2018 Acreage Midland Basin 


 Company Acquisitions

Announce DateSeller$MMTypePlay/LocationDetails
Sep-08-2022 Property Marcellus Shale,Utica Shale 
May-06-2021 Property Marcellus Shale 
Oct-27-2020 Property Marcellus Shale 
No Results found

EQT Unveils Drilling & Completions Plans 1H- 2016

December 07,2015
EQT Corporation announced the Company’s 2016 capital expenditure (CAPEX) forecast of $1.0 billion, excluding business development, land acquisitions and Midstream capital associated with planned asset dropdowns in the first half of 2016.

EQT's Utica Test Well, 50 Days In

September 14,2015
EQT has reported follow up data on the of the Scott's Run Utica well.

Permian Player EQT Suspends Drilling; Lease Expires

April 26,2015
In January, the company guided that it planned to drill 15 wells in 2015.

EQT Pumps Up Sales Volumes 37% in 1Q; Ups Guidance

April 23,2015
EQT Production achieved sales volume of 145.2 Bcfe in the first quarter 2015, 37% higher than the first quarter 2014, and 6.2% higher than the fourth quarter 2014.

The Permian in 2015: 10 Companies to Drill ~1,460 Wells

February 08,2015
Part III of our feature series is focused on the Permian Basin. The ten companies below are planning to drill up to a combined 1,446 wells in 2015.

EQT Plans Spending Increase for 2015; Outlines Plans

December 08,2014
Funding will be provided by cash generated from operations, cash-on-hand, and proceeds from midstream asset sales to EQT Midstream Partners, LP.

EQT's Longer Laterals Mean More Economic, Slower to Drill Wells

October 23,2014
Sales volume for the remainder of 2014 is projected at the low end of previous guidance primarily as a result of executing longer laterals.

A Look at Operator Development Plans in West Virginia

October 22,2014
Magnum Hunter's West Virginia well results prompted a look at the results other Operators have seen in West Virginia to date.

The Southwest Sweet Spot in the Marcellus

October 21,2014
Shale Experts is taking a look at other operators in the South-West Marcellus and their positions.

EQT Facing Record Fine After Leak at Marcellus Site

October 07,2014
Pennsylvania's Department of Environmental Protection is looking to levy a $4.5 MM fine on EQT Production Company for a 2012 leak.

EQT Details Acquisition, Well Inventory, Typecurves

July 28,2014
Recent acquisition in the Marcellus further expanding the company's large position.

Armed with 73,000 Net Acres, Permian Player to Begin Development

June 27,2014
The company will be targeting the Upper and Lower Wolfcamp and Cline zones in its horizontal drilling.

What Did You Miss in the Utica this Quarter?

May 21,2014
Utica 1Q 2014 Recap..

EQT Grows Marcellus Volumes; 106 Bcfe, Utica Evaluation

April 25,2014
The Company drilled (spud) 64 gross wells during the quarter -- 46 wells targeted the Marcellus with an average length-of-pay of 5,870 feet.

Marcellus Gas Production Gets Big Boost from Growing Takeaway Capacity

February 21,2014
Producers in Pennsylvania, boosted by new pipeline takeaway capacity, produced 3.3 Tcf of unconventional natural gas last year, up from 2.04 Tcf in 2012.

EQT Ramps Up Income Over 100% in 2013; Maintains Marcellus Focus

February 13,2014
EQT Corporation reported 2013 net income attributable to EQT of $390.6 million, compared to $183.4 million last year.

EQT's Proved Appalachian Reserves Jump 39% to 8.3 Tcfe

February 13,2014
This represents a 2.3 Tcfe net increase over the 6.0 Tcfe reported last year, with a reserve replacement ratio of 738%.

EQT Corp. to Spend Billions on Marcellus, Utica Ops in 2014

December 18,2013
EQT Production 2014 CAPEX is projected to total $1.9 billion, excluding land acquisitions.

EQT Provides Small Utica Update

July 25,2013
EQT Corporation has completed a well in the Utica Shale and anticipates completion of two more in August.

EQT Stays Focused on Marcellus, Devonian Plays

July 25,2013
EQT spud 41 gross wells in the Marcellus during the quarter, with an average length-of-pay of 4,295 feet; and also spud eight Upper Devonian wells.