Seneca Resources: Productive 2019, Reducing Rig Count in 2020

Seneca Resources, the drilling arm of National Fuel Gas Company, does most of its exploration and production in central and western Pennsylvania (although it also does some drilling in California). A spokesman for Seneca recently went on the record to talk about the company's prolific 2019 production, with a forecast for 2020 (production is going UP). However, the company plans to ax one of its three rigs in 2020.

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