EQT 2Q – Selling Rest of NEPA Non-Op Assets, Curtailing 500 MMcf/d

MDN's lead story today is that EQT Corporation has decided to retain majority ownership in Mountain Valley Pipeline (MVP) and expand the pipe's capacity with compressors asap (see EQT's Game Plan Changed - Keep MVP & Expand Extra 0.5 Bcf/d). This post deals with the other (big) news coming from yesterday's second quarter 2024 update. Namely, EQT is looking to sell the rest of its non-operated assets in the northeastern Pennsylvania Marcellus. In addition, we learned that EQT is still curtailing (limiting) production through the second half of 2024.

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