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Gas Players : A Comparative Analsysis

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Gas Players : A Comparative Analsysis

As part of our Operator Bits series, we decided to take a look at some gas players.   Expand Energy, (Haynesville, Marcellus), EQT (Marcellus) , CNX (Marcellus/Utica), Comstock)

Here's a comparative analysis of five gas-focused E&Ps — EQT, Range Resources, Comstock, CNX, and Expand Energy — using key operational and capital efficiency metrics for Q2 2025.

Summary Table: Gas Producer Comparison (Q2 2025)

Key metrics used:

Total Production (Bcfe)

Gas Mix (%)

Average Lateral Length

Well Cost per Foot

Capex Efficiency ($/Mcfe)

Record Lateral Length

Wells Turned in Line (TIL)

Key Insights by Metric 1. Total Production

EQT leads the group with 500 Bcfe.

Range and CNX come next at 235 Bcfe and 167.6 Bcfe, respectively.

Comstock has the smallest output at 136 Bcfe.

2…
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