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Bloomberg
EQT Corp, the largest US natural gas producer, saw production drop by as much as about 30% during the recent bout of extreme cold that caused disruptions for some of its wells in the Appalachian Basin.
The drillers’ daily output fell by between 1 billion and 1.5 billion cubic feet per day during the winter storm, Chief Executive Officer Toby Rice said in a Bloomberg Television interview. That compares with production in the third quarter equivalent to about 5 billion cubic feet a day.