CNX
CNX Resources lowered their full year 2024 production forecast by about 4.4% from the prior reporting quarter. The company will now be in the TIL deferral business as they are deferring 11 completed wells during the first half of 2024 due to weak natural gas prices and the steep contango in the natural gas forward curve.
Antero Resources
Antero Resources kept their full year 2024 natural gas production guidance forecast unchanged from the prior reporting quarter. The company also raised their full year 2024 natural gas liquids production forecast from the prior reporting quarter. The company continues to experience efficiency gains in both drilling and completion times.
