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EQT Corp lowers capex for 2019, will maintain output
EQT announced plans for 2019 that are expected to deliver production growth, free cash flow and considerable costs reductions. In the Marcellus, EQT plans to spud 106 net wells this year, with laterals averaging 12,250 ft. By state, 91 net wells with 13,200-ft laterals will be drilled in Pennsylvania, and 15 net wells with 6,500-ft laterals will be drilled in West Virginia. The company will also turn to sales 124 net Marcellus wells with 10,300-ft laterals. In the Utica, EQT......
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