EQT remains bullish on Appalachian gas
The US producer is calling for a rapid buildout of pipeline and export infrastructure
Growth in Appalachian gas production has been “truly astounding” over the past decade-and-a-half and there is potential for massive additional growth, according to Toby Rice, president and CEO of Pittsburgh-based EQT, the largest gas producer in the basin. Appalachia, containing the Marcellus and Utica shale formations in the US northeast, has seen gas production skyrocket from a modest 1bn ft³/d (28.32mn m³/d) in January 2007 to a record high of 36bn ft³/d in December 2021, with EQT producing roughly a sixth of this total. As a standalone area, Appalachia is now the third-largest gas producing region in the world, trailing only Russia and the rest of the US. However, Appalachian gas product
Also in this section
21 December 2021
The worst possible future for the country’s oil producers goes underexplored in scenario planning
21 December 2021
Production from the Heron field could peak at 9,000bl/d and feed both exports and the domestic market
16 December 2021
The JV assumes the role of Rumaila’s main contractor as a new production target is set
16 December 2021
Supply is gradually returning, but the market will remain tight into next year
