A number of US gas producers are electing to drill but hold back a portion of their new wells this year as they work to simultaneously ease current oversupply conditions while setting themselves up for an expected rebound in prices in 2025. With near-term pricing firmly below $2/MMBtu and continuing to weaken, several operators have decided to defer completions and… A number of US gas producers are electing to drill but hold back a portion of their new wells this year as they work to simultaneously ease current oversupply conditions while setting themselves up for an expected rebound in prices in 2025. With near-term pricing firmly below $2/MMBtu and continuing to weaken, several operators have decided to defer completions and… Read More
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