EQT Eyes Enhanced Recovery Rates After Record Lateral in Appalachia
EQT's top upstream executive believes that the company's recent record-setting lateral in Appalachia will enhance its recovery rates in the nation's most prolific natural gas basin.
The milestone was announced in July, and EQT is now testing secondary and tertiary recovery methods to unlock more gas from existing wells.
Growth remains tied to 'durable demand', but the company sees potential for increased efficiency with stacked technology. At a Glance: Stacked tech could unlock more gas; EQT testing secondary, tertiary recovery methods; Growth remains tied to 'durable demand.'