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2019 Capex / Production Comparison YOY: Appalachia
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As E&Ps begin to release 2019 operating plans, Shale Experts is taking a look at how the spending and production is changing YOY.
We looked at major operators in Appalachia below.
*Several companies have given ranges in capex / production guidance - the numbers in the charts below represent the midpoint
AppalachiaFor Appalachia, we looked at Antero Resources, Cabot Oil & Gas, CNX Resources, Seneca (National Fuel), Range Resources, EQT Corp. and Southwestern Energy. For 2019, the region will be seeing a slight decline in capital spending (about $400 million less) and production will grow about +5% over the prior year amongst these operators.
This points to a new trend with companies - rather than chasing growth for the sake of growth, E&Ps have shifted their focus to operating within…
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