Three weeks ago MDN told readers the U.S. Energy Information Administration (EIA) predicts a slight reduction in Marcellus/Utica production will happen this month–that M-U will produce an estimated 74 million cubic feet per day (MMcf/d) less in January than we did in December (see EIA Dec ’19 Drilling Report: M-U Production Drops 1st Time in Yrs). However, Platts Analytics says over the past 30 days the M-U has produced roughly 1 billion cubic feet per day (Bcf/d) less than it did over the average in 4Q19.
Three weeks ago MDN told readers the U.S. Energy Information Administration (EIA) predicts a slight reduction in Marcellus/Utica production will happen this month–that M-U will produce an estimated 74 million cubic feet per day (MMcf/d) less in January than we did in December (see 