EIA DPR: Marc/Utica Sees Biggest Drop in Production for All Plays
Yesterday our favorite government agency, the U.S. Energy Information Administration (EIA), issued our favorite monthly report, the 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 (i.e. current) month, and how much each will produce in the coming (i.e. next) month. The August report, which predicts production for the coming month of September, estimates natural gas production in the Marcellus/Utica will decrease by 203 million cubic feet per day (MMcf/d)--the biggest (by far) decrease in any of the seven shale plays tracked.
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