EQT Corporation 2024 ESG Report
About EQT
Our mission is to deliver affordable, reliable, cleaner energy to the world. Our values — Trust, Teamwork, Heart, and Evolution — are evident in the way we operate and in how we interact each day.
Promises Delivered
2018
Legacy EQT’s operational strategy was unsustainable, focused on hitting production targets despite peer-leading costs.
2019
Rice Team promised to drive down costs while improving efficiencies by implementing combo-development, a proven operational strategy providing high confidence, predictability, and improved well performance.
2020
EQT implemented its combo-development strategy, enabling it to meet its volume production targets with fewer drilling sites, driving down well costs and reducing impacts on the environment. 2021
EQT became one of the first U.S.-based production companies to successfully obtain certification from both Equitable Origin and MiQ evidencing EQT’s environmentally responsible production of natural gas. 2024
Since 2018, our gross production volumes have increased by ~58%, while our Marcellus development costs per well have decreased by ~16%. Our operating strategy ensures we will continue to provide affordable, reliable energy in a low-carbon environment.
