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
4 March 2026
The continent’s inventories were already depleted before conflict erupted in the Middle East, causing prices to spike ahead of the crucial summer refilling season
4 March 2026
The US president has repeatedly promised to lower gasoline prices, but this ambition conflicts with his parallel aim to increase drilling and could be upended by his war against Iran
4 March 2026
With the Strait of Hormuz effectively closed following US-Israel strikes and Iran’s retaliatory escalation, Fujairah has become the region’s critical pressure release valve—and is now under serious threat
3 March 2026
The killing of Iran’s Supreme Leader Ayatollah Khamenei in US–Israeli strikes marks the most serious escalation in the region in decades and a bigger potential threat to the oil market than the start of the Russia-Ukraine crisis
