EIA Says 2 Basins Will Reverse NatGas Production Slide in October

reverse the trendThe September edition of our favorite government report, the U.S. Energy Information Administration’s (EIA) Drilling Productivity Report (DPR), shows an interesting change from the August report. In August, the EIA predicted that for the coming month (September) every single major shale play of the seven plays they track, including the Marcellus and Utica, would see a decline in the amount of natural gas produced (see August EIA DPR: NatGas Production Declines in All 7 Shale Plays). While the Marcellus and Utica continue their slide in the September report (projecting October volumes), two shale plays will see an increase in natural gas production, reversing the previous slide–the Haynesville and the Permian…

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