In the coming month, the U.S.’s seven major shale plays will produce a cumulative 81.4 billion cubic feet (Bcf) of natural gas, the first time U.S. shale production has surpassed 81 Bcf/d. 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 THIRD month in a row. Just incredible.
In the coming month, the U.S.’s seven major shale plays will produce a cumulative 81.4 billion cubic feet (Bcf) of natural gas, the first time U.S. shale production has surpassed 81 Bcf/d. 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 THIRD month in a row. Just incredible.