AI/machine learning

Exclusive Q&A With EQT’s Sarah Fenton: Every Metric Matters

EQT is benchmarking its way to basin-leading productivity and relying on partnerships and new technology to turn KPIs into operational reality.

Sarah Fenton, executive vice president of upstream at EQT, during CERAWeek by S&P Global in Houston in March. Source: CERAWeek by S&P Global.
Sarah Fenton, executive vice president of upstream at EQT, during CERAWeek by S&P Global in Houston in March.
Source: CERAWeek by S&P Global.

Whether it’s rate of penetration or company culture, EQT has a metric for it.

Those benchmarking efforts have helped the vertically integrated company grow and improve its performance in several areas. As of the end of last year, EQT represented 6% of US natural gas output, and its 2025 Appalachian Basin well productivity was 35% higher than its peer average, according to Enverus data.

According to Sarah Fenton, EQT’s executive vice president of upstream, part of the Pennsylvania-based operator’s success comes down to their focus on benchmarking.

JPT caught up with Fenton, who leads drilling, completions, production operations, and subsurface science and engineering for EQT’s 7.5 Bcf/D Appalachian Basin program, to learn how the operator is applying new technologies and processes in developing its wells, growing its inventory, improving its emissions metrics, and protecting its culture.

This conversation has been edited for length and clarity.

JPT: How has advancing technology changed how EQT develops its wells?

SF: We think of ourselves as very tech driven. There’s field technology and technology we use in the office. In field technology, there’s developing new wells, and there’s producing existing wells.

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