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APA Curtails Natural Gas, Liquids Production in Q2
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APA Curtails Natural Gas, Liquids Production in Q2
Jul 12, 2024 6:05 AM

08:37 AM EDT, 07/12/2024 (MT Newswires) -- APA (APA) said Thursday it curtailed about 78 million cubic feet per day of US natural gas production in Q2 due to low Waha hub prices.

An estimated 7,600 barrels per day of natural gas liquids were also curtailed during the quarter, APA said.

The company previously expected to curtail approximately 50 MMcf per day and 5 Mb per day for Q2.

Additionally, APA reported $95 million in costs related to its acquisition of Callon Petroleum in early April.

Price: 30.00, Change: +0.21, Percent Change: +0.70

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