EIA Sep DPR: Shale Gas Production Drops Like a Rock, M-U Leads Drop
The latest monthly U.S. Energy Information Administration (EIA) Drilling Productivity Report (DPR) for September, issued yesterday (below), shows EIA believes shale gas production across the seven major plays tracked in the monthly DPR for October will *decrease* production from the prior month of September--by a large quantity. This is the third month in a row EIA predicts shale gas production will decrease for the combined seven plays. EIA says combined natgas production will slide by 339 MMcf/d (million cubic feet per day)--roughly one-third of a billion cubic feet per day (Bcf/d). The Marcellus/Utica, called “Appalachia” in the report, is predicted to slump by 137 MMcf/d in October compared with September--the biggest slump of any of the seven plays.
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