We’ve been dreading this month’s edition of normally our favorite report, the U.S. Energy Information Administration’s (EIA) Drilling Productivity Report (DPR). The DPR estimates how much oil and natural gas each of the country’s seven largest shale plays produced in the previous (current) month, and how much each will produce in the coming (next) month. The past few months have seen a big decline in Marcellus/Utica gas production, more than half a Bcf/d (see EIA Report: M-U Gas Production WAY Down March, April). According to the latest edition of the DRP issued yesterday, the downward trend will continue again in May.
We’ve been dreading this month’s edition of normally our favorite report, the U.S. Energy Information Administration’s (EIA) Drilling Productivity Report (DPR). The DPR estimates how much oil and natural gas each of the country’s seven largest shale plays produced in the previous (current) month, and how much each will produce in the coming (next) month. The past few months have seen a big decline in Marcellus/Utica gas production, more than half a Bcf/d (see 