EQT’s Chevron Appalachia acquisition one of biggest shale deals of 4Q

EQT Corp.’s $735 million acquisition of Chevron Corp.’s Appalachian assets was one of the five biggest deals in the oil and natural gas industry in the fourth quarter of 2020, according to energy analysis firm Enverus.

Chevron’s natural gas wells, acreage and gathering pipeline system was the product of more than a decade of acquisitions and organic growth in southwestern Pennsylvania, West Virginia and Ohio. But Chevron (NYSE: CVX), which decided to divest in Appalachia in favor of other…


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