DUG East Summary: Things are (Mostly) Looking Up for M-U in 2022
It's a wrap on Hart Energy's DUG East (Developing Unconventional Gas) conference, held in Pittsburgh last week. Overall the sentiment, from the reports we've read, was a positive "up" kind of attitude among those attending. However, some words of caution were shared as well. One analyst, with rig counting giant Enverus, said he thinks more natural gas production is returning to the Marcellus/Utica, but not as much as growth (percentage-wise) as the M-U's chief competitor, the Haynesville Shale.
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