EQT Announces Strategic Production Curtailment

Source: www.gulfoilandgas.com 3/4/2024, Location: North America

EQT Corporation (NYSE: EQT) ("EQT") announced it made the strategic decision to curtail approximately 1 Bcf per day of gross production beginning in late February in response to the current low natural gas price environment resulting from warm winter weather and consequent elevated storage inventories. The Company expects to maintain this curtailment through the month of March and will reassess market conditions thereafter. Curtailments are expected to total approximately 30 to 40 Bcf of net production during the first quarter.


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