Chesapeake Energy issued its second quarter 2024 update yesterday. Due to the low price of natural gas, Chesapeake promised (in 1Q) that it would curtail roughly 25% of its production. The company kept its word. Chessy’s 2Q production was 24.9% lower than the same period in 2023. Production was 2.745 Bcfe/d in 2Q24 versus 3.653…
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