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Apache delays production of Permian natural gas due to pricing pressure


April 23 (Reuters) – Oil and gas producer Apache Corp said on Tuesday it would delay production of about 250 million cubic feet of natural gas from its Alpine High assets in the Permian due to “extremely” low prices.

The company reiterated its Alpine High 2019 exit rate guidance of more than 100,000 barrels of oil equivalent per day.

Reporting by Debroop Roy in Bengaluru; Editing by Shinjini Ganguli



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