EQT Corporation is a natural gas production company based in Pittsburgh, Pennsylvania, with a significant focus on the Appalachian region, particularly the Marcellus and Utica shale plays. Founded in 1925, the company has established itself as a leader in the industry, employing advanced horizontal drilling technology to minimize environmental impact. As of year-end 2023, EQT's proven reserves reached 27.6 trillion cubic feet equivalent, with net production totaling 5.79 billion cubic feet equivalent per day, predominantly from natural gas, which constituted 94% of the production. Furthermore, EQT is involved in gathering and transmission operations and serves as the general partner and major equity owner of EQT Midstream Partners. The company is dedicated to safe and responsible energy production to meet the growing demand for clean-burning energy while enhancing the communities where it operates.
Equitrans Midstream operates a midstream energy company based in Canonsburg, Pennsylvania. Its core business involves the transportation and storage of natural gas, along with gathering services and water solutions. The company primarily serves natural gas producers in the Appalachian region, encompassing Pennsylvania, West Virginia, and Ohio.
Rice Energy
Acquisition in 2017
Rice Energy is a family-owned independent oil and gas exploration and production company that commenced operations in Pennsylvania in 2007. It has established itself as a prominent player in the state's natural resources sector, becoming the second largest natural gas producer in Washington County and a leading producer in Greene County through a joint venture with a major coal producer. The company focuses on the acquisition, exploration, and development of oil and gas properties in the Appalachian Basin, utilizing advanced hydraulic fracturing techniques to maximize the potential of unconventional reservoirs. Rice Energy's technical team is recognized for its expertise in identifying and exploiting these resources effectively.
Trans Energy
Acquisition in 2016
Trans Energy is a company focused on the exploration and development of natural gas, primarily operating in the Marcellus shale region. The company engages in the acquisition, exploration, development, and production of oil and natural gas, utilizing its subsidiaries, including American Shale and Prima, as well as pipeline transmission services. Additionally, Trans Energy provides technical software products tailored for the energy industry, enhancing its operational capabilities and client services.
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