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EQT Curtail Gross Production in Late Feb

NATGAS

US natural gas producer EQT have made a strategic decision to curtail about 1bcf per day of gross production in late February.

  • The company expects to maintain the production curtailment through March and will reassess market conditions thereafter.
  • The decision is in response to the low natural gas prices due to the warm winter weather and high storage inventories.
  • The curtailments are expected to total approximately 30 to 40 Bcf of net production during Q1.

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