Relative advantage when Natgas is low?So natural gas prices are very low so it's preferable to be more liquids rich overall and to drill more liquids rich targets. Kelt is not paying back debt, buying back shares or paying a dividend. All cashflow going to capex. So if after drilling additional wells they have more gas supply than gas processing capacity, there are different methods to handle this. One of them when oil price is reasonable but gas prices low is to shut in Gassier wells and connect oilier wells. While That does seem somewhat inefficient, they're in a way storing the gas until prices are more reasonable (kind of like storing lawnmowers for example in the fall for next spring season). Plus when new 3rd party processing capacity comes on line, they have the supply to meet their take or pay.
This is an advantage Kelt has that others may not have because they don't have these extra wells or they have one or more of the aforementioned obligations (debt, buyback, dividend) - (these others are forced to clear out their remaining lawnmower inventory in the fall so to speak).
YMMV. I could be all wrong and often am.