New EIA Drilling Productivity Report: Marcellus Passes 12 Bcf/d!

| | |
Terry EngelderTerry Engelder is a Penn State University geologist and professor. He was previously named to Foreign Policy magazine’s list of Top 100 Global Thinkers for his work with the Marcellus Shale. MDN calls him the "rock" star of the Marcellus, if you'll pardon the pun (see Prof Terry Engelder: Marcellus Rock Star). In years gone by Dr. Engelder predicted that sometime in 2015 the Marcellus would be producing 12 billion cubic feet of natural gas per day. For his breathtaking, bold (and frankly wild) prediction he was praised by some, but scorned and ridiculed by many. As MDN announced yesterday, the U.S. Energy Information Administration (EIA) is launching a new monthly Drilling Productivity Report (DRP). The very first report was issued yesterday (full copy embedded below). What does it show? It shows that Engelder was wrong. The Marcellus has just passed the 12 Bcf/d mark--now--this month. That is, the Marcellus is even more productive than Engelder's so-called wild fantasy. According to an EIA spokesman, natural gas production from the Marcellus has surprised even the brainiacs at EIA who study this stuff for a living...

To view this content, log into your member account. (Not a member? Join Today!)