EIA DPR: NatGas Production Still Down in M-U, Up Again in LA & TX

Natural gas production in the Marcellus/Utica continues to slowly turn around. The rate of decline in production is slowing and (at some point) will reverse and begin to show increases month over month. That was our takeaway from yesterday’s Drilling Productivity Report (DPR), a report issued each month by our favorite government agency, the U.S. Energy Information Administration (EIA). Two shale plays--the Haynesville in Louisiana and East Texas, and the Permian in West Texas and eastern New Mexico--will see natural gas production increase in the coming month of May, same as happened in April. That's two months in a row both the Haynesville and Permian increased natural gas production.

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