CNX Delays Completing 11 Wells, Slicing Production 30 Bcfe in ’24

CNX Resources, headquartered in Pittsburgh, is the latest major Marcellus/Utica driller to announce a pullback in spending and production due to low-low prices that natural gas is fetching. Yesterday, CNX announced the company will “delay completions activities on three upcoming Marcellus Shale pads consisting of 11 wells to avoid bringing incremental volumes into the current…

The post CNX Delays Completing 11 Wells, Slicing Production 30 Bcfe in ’24 first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.