EIA DPR: NatGas Production in M-U Heading Down in August

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The U.S. Energy Information Administration (EIA) Drilling Productivity Report for July (with forecasted numbers for August) predicts natural gas production in the Marcellus/Utica region will once again *decrease* month over month. Unfortunately. Just last month EIA said M-U production would increase this month (in July), breaking a string of decreases in production that has lasted since January 2020 (see EIA DPR: NatGas Production in M-U Finally Reverses, Goes Up in July). But now we're back to decreasing production once again, although not by a lot. Just 13 MMcf/d will go missing out of the mix next month. But still, we'd rather see more production rather than less.

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