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EQT Expands Upper Devonian Drilling in 2017, Exploring Deep Utica
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EQT Corporation has announced 2017 guidance.
2017 capital expenditure forecast: $1.5 billion, excluding business development and land acquisitions Including $1.3 billion for well development Funding will be provided by cash generated from operations, and cash-on-hand. 2017 production forecast: Sales volume of 810 – 830 Bcfe, which includes volume growth of 70 Bcfe, the majority of which stems from the previous year's drilling program. Majority of the volume expected from the 2017 drilling program will be realized in 2018, at which time EQT forecasts production volume growth of 15 – 20% per year for several years.- ✓ Full news archive — U.S., Canada & international coverage
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