Questar shuts in a little gas over low prices
Posted by zmann on October 3, 2006
Questar Corp on Tuesday said its Questar Exploration & Production Co. unit had shut in production on a portion of its unhedged natural gas output from the Rocky Mountain region due to low natural gas prices equal to 2.3 bcfe gross for October
The company, however, raised the unit’s total production outlook for 2006 to 127 bcfe to 129 bcfe, from its previous view of 126 bcfe to 128 bcfe.
I don’t expect a lot of sizeable curtailments but will monitor them.