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ES - EQT takes 4.3 Tcfe negative revision in YE19 proved reserves - January 28, 2020



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In the second half of 2019, EQT laid the groundwork to transition to a combo development focus that it says will transform the company into one of the lowest-cost natural gas operators in the US. The 100-day plan initiated in July was a significant success. It increased drilling efficiencies, as measured by horizontal feet drilled per hour, by 50% in the Pennsylvania Marcellus and by 20% in the Utica during 3Q19. The company expects......
 
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