EQT Corporation is a petroleum and natural gas exploration and pipeline transport company headquartered in EQT Plaza in Pittsburgh, Pennsylvania. EQT Production is the largest natural gas producers in the Appalachian Basin with 21.4 trillion cubic feet equivalent of proved natural gas, natural gas liquids, and petroleum reserves across approximately 4.0 million gross acres, including approximately 1.1 million gross acres in the Marcellus Formation, as of December 31, 2017. Of the company's total proved reserves, 79% are located in the Marcellus Formation.Average daily production in 2017 was 2,432 million cubic feet of natural gas equivalent.EQT Production also owns 6,600 miles of gathering lines and 18 natural gas storage reservoirs with nearly 645 MMcf per day of peak delivery capability with 43 Bcf of working gas capacity.
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