Production | 2020 Guidance | Curtailment/Shut-In
EQT Curtails Production Until July; No Changes to Full-Year 2020 Estimates
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EQT Corp. has moved to temporarily curtail approximately 1.4 Bcfe per day of gross production, equivalent to approximately 1.0 Bcfe per day of net production, beginning on May 16, 2020.
Assuming production remains curtailed at this level through June 30, 2020, EQT would expect its second quarter 2020 total sales volumes to be 315 – 335 Bcfe, approximately 45 Bcfe lower than its previously announced guidance range of 360 – 380 Bcfe.
EQT expects no changes to its full-year 2020 guidance and reiterates its previously announced full-year 2020 production and financial guidance.
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