Jan Drilling Productivity Report: Marcellus Continues Steep Climb

MDN’s favorite month report is back. The U.S. Energy Information Administration produces a monthly Drilling Productivity Report (DPR). Released on Monday, the latest DPR shows natural gas production in the Marcellus Shale region continues its rapid expansion. In January, EIA says the Marcellus will have produced on the order of 16,319 million cubic feet of gas per day (or 16.3 billion cubic feet per day). In February, they say the number will be 16.6 Bcf/d–up another 231 million cubic feet per day. The Utica Shale is expected to gain 74 million cubic feet of gas production per day from January to February, and the Utica’s oil production is expected to go up another 4,000 barrels per day over the next month…

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