EQT Announces NG curtailments

[ChuckGeb]

EQT Announces Strategic Production Curtailment
03/04/2024
PITTSBURGH, March 4, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) ("EQT" or the "Company") today 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.

[dan_s]

Others have announced plans that reduce the number of gas wells completed and companies that have the option (like SilverBow) are only drilling new wells in oil prone areas.