EIA DPR Jan 2022: M-U Gas Production Continues to Increase
Six of the seven largest shale plays in the U.S. will see an increase in natural gas production in February according to the latest monthly Drilling Productivity Report (DPR) issued yesterday by the U.S. Energy Information Administration (EIA). The Marcellus/Utica, collectively lumped together as “Appalachia” in the report, will see an increase of 81 MMcf/d (million cubic feet per day) in production next month. The M-U’s chief rival, the Haynesville, continues to see explosive growth, with an increase of 127 MMcf/d next month. The oil-based Permian will see a huge increase in natgas production of 122 MMcf/d due to associated gas coming out of the ground along with oil. The Permian’s oil production is set to hit a new all-time high in February, forecasted to hit an average of 5.076 million barrels of oil per day.
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