click for larger version
Sticking with statistics, natural gas production in the Marcellus/Utica actually gained a little ground in April versus March for natural gas 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, released yesterday, show that the agency expects the M-U to produce 35.23 Bcf/d (billion cubic feet per day) of natural gas in April. EIA said in March, the M-U produced 34.88 Bcf/d (see our proprietary chart of EIA data below). EIA predicts the M-U region will add another 48 MMcf/d (million cubic feet per day) of production in May over April--but EIA almost always revises its numbers up or down by quite a margin--so we take that prediction with a grain of salt.
To view this content, log into your member account. (Not a member? Join Today!)
