According to the U.S. Energy Information Administration (EIA) and their monthly Drilling Productivity Report (DPR), the Marcellus/Utica region will produce 56 million cubic feet per day (MMcf/d) less of natural gas in the coming month of February than it will have produced in this month of January. That’s the second month in a row M-U gas production has dropped in the modern shale era. Last month’s DPR forecast a 74 MMcf/d drop for this month (see EIA Dec ’19 Drilling Report: M-U Production Drops 1st Time in Yrs).
According to the U.S. Energy Information Administration (EIA) and their monthly Drilling Productivity Report (DPR), the Marcellus/Utica region will produce 56 million cubic feet per day (MMcf/d) less of natural gas in the coming month of February than it will have produced in this month of January. That’s the second month in a row M-U gas production has dropped in the modern shale era. Last month’s DPR forecast a 74 MMcf/d drop for this month (see 