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Here at the beginning of 2023, the Marcellus/Utica continues to produce about the same amount of natural gas that produced in 2022--essentially capped at around 35.5 billion cubic feet per day (Bcf/d) of production. The U.S. Energy Information Administration (EIA) published its latest monthly Drilling Productivity Report (DPR) yesterday, and the report shows that, once again, M-U production (called “Appalachia” in the report) is still capped--at 35.3 Bcf/d in January. EIA predicts it will increase to 35.4 Bcf/d (adding a piddly 93 MMcf/d) in February 2023.
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