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The Marcellus/Utica lost ground in March versus February production, according to the latest estimates released by the U.S. Energy Information Administration (EIA) in its monthly Drilling Productivity Report (DPR). The latest revised numbers from EIA show that the agency expects that the M-U will produce 34.88 Bcf/d (billion cubic feet per day) of natural gas in March. EIA said in February, the M-U produced 35.02 Bcf/d (see our proprietary chart of EIA data below). EIA predicts the M-U region will add another 75 MMcf/d (million cubic feet per day) of production in April over March--but EIA almost always revises the numbers back down--so we take that prediction with a grain of salt.
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