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APA Curtailed Approximately 103 MMcf/d Of U.S. Natural Gas Production In Q3 In Response To Weak Or Negative Waha Hub Prices; Also Curtailed An Estimated 10,000 Barrels Per Day Of Natural Gas Liquids During The Quarter, Which Were Mostly Associated...

Benzinga ·  Oct 10 04:13

APA Curtailed Approximately 103 MMcf/d Of U.S. Natural Gas Production In Q3 In Response To Weak Or Negative Waha Hub Prices; Also Curtailed An Estimated 10,000 Barrels Per Day Of Natural Gas Liquids During The Quarter, Which Were Mostly Associated With The Voluntary Gas Curtailments

Production update

APA curtailed approximately 103 MMcf/d of U.S. natural gas production in the third quarter in response to weak or negative Waha hub prices. APA also curtailed an estimated 10,000 barrels per day of natural gas liquids during the quarter, which were mostly associated with the voluntary gas curtailments. Previous third quarter guidance issued in July contemplated curtailments of ~90 MMcf/d of natural gas and ~7,500 barrels per day of NGLs.

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