EIA’s Old News About September Slide in NatGas Production

|

old newsOur favorite government agency, the U.S. Energy Information Administration (EIA), has just published an article in their Today in Energy online publication recapping what the August Drilling Productivity Report (DPR) showed: cumulative natural gas production from the country’s largest seven commercially active shale plays will decrease in September for the first time since the EIA began producing the DPR. As we already highlighted two weeks ago, the August DPR, which predicts production volumes for September, shows a decrease in production across all seven major shale plays, which includes both the Marcellus and the Utica (see August EIA DPR: NatGas Production Declines in All 7 Shale Plays). The article in yesterday’s Today in Energy (read it below) simply points out that in addition to a decrease in production across all seven shale plays, if you add up their cumulative production, the cumulative amount will be less in September than it was in August–meaning this is the first since the beginning of the shale revolution that natural gas production output from shale has decreased in the United States…

Please Login to view this content. (Not a member? Join Today!)
You do not have permission to view the comments.