Analysts Say Marcellus/Utica 2016 Production Will Exceed 2015
Analysts with global investment firm Jeffries are out with a forecast for natural gas production next year, in 2016. Jeffries says while natural gas production in the Marcellus/Utica will slow next year, they are the only two plays in the entire country that Jeffries says will still grow in production year over year. However, overall the U.S. will produce slightly less gas in 2016 than we will have in 2015--with production estimated to decline by 0.8% (less than a single percentage point)...
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