Supply chain issues, midstream constraints and adverse weather combined to curb EQT Corp.’s third quarter natural gas output and are likely to impact the company’s operations through the middle of next year, management said last week.


“These third-party constraints, along with water restrictions due to drought conditions in parts of the [Appalachian] basin, negatively impacted our 2022 production by more than 150 Bcfe, or 7% compared with our original volume expectations,” said CEO Toby Rice during a call to discuss the company’s third quarter results. 

Strong well productivity and work to optimize field operations have helped to “buffer the impact and clawed back” almost 50 Bcfe, he added. But production is likely to come in at the low end of the company’s...