In the coming month, the U.S.’s seven major shale plays will produce a cumulative 80.7 billion cubic feet (Bcf) of natural gas, the first time shale production has passed that milestone. Yesterday our favorite government agency, the U.S. Energy Information Administration, issued our favorite monthly report, the Drilling Productivity Report. The DPR is a forecast of oil and gas production in the country’s major shale plays for the coming month, made by the expert number crunchers at EIA. The Marcellus/Utica is forecast to increase production an amazing 1/3 Bcf in the next 30 days, for a second month in a row.
In the coming month, the U.S.’s seven major shale plays will produce a cumulative 80.7 billion cubic feet (Bcf) of natural gas, the first time shale production has passed that milestone. Yesterday our favorite government agency, the U.S. Energy Information Administration, issued our favorite monthly report, the Drilling Productivity Report. The DPR is a forecast of oil and gas production in the country’s major shale plays for the coming month, made by the expert number crunchers at EIA. The Marcellus/Utica is forecast to increase production an amazing 1/3 Bcf in the next 30 days, for a second month in a row.