EQT to drill 196 Appalachian Basin wells in 2018

December 15, 2017 0

Pennsylvania-based EQT Corp. has announced that it intends to spend $2.4 billion in 2018 on capital spending and to drill longer laterals, in the wake of its merger with Rice Energy, Kallanish Energy reports. That includes $2.2 billion for well development in the Appalachian Basin and $150 million for acreage fill-ins and bolt-on leasing.

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