DPR: All Shale Plays, Incl. M-U, Continue Big Drop in Production
Yesterday our favorite government agency, the U.S. Energy Information Administration (EIA), published our favorite monthly report, the Drilling Productivity Report (DPR). The latest DPR, which shows estimates for oil and gas production from the seven largest shale plays in the U.S., shows a drop in shale gas production across every single play, including the Marcellus/Utica, coming next month in December. The M-U is forecast to drop another 133 million cubic feet per day (MMcf/d) from production levels in November.
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