Chesapeake Energy Corporation, the country’s third largest publicly-traded natural gas producer, issued its third quarter 2023 update yesterday. The company reports a profit of $70 million in net income during 3Q23, down from $883 million in 3Q22. The drop was due to lower gas prices and less production. Second quarter net production was 3,495 MMcfe…
The post Chesapeake 3Q Production Down, Continued Focus on LNG Exports first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.