EIA Oct DPR: Big Drop in Shale Gas Production in M-U & Haynesville
The latest monthly U.S. Energy Information Administration (EIA) Drilling Productivity Report (DPR) for October, issued yesterday (below), shows EIA believes shale gas production across the seven major plays tracked in the monthly DPR for November will *decrease* production from the prior month of October --- by a huge quantity. This is the fourth month in a row EIA predicts shale gas production will decrease for the combined seven plays. EIA says combined natgas production will slide by 451 MMcf/d (million cubic feet per day) --- nearly half a billion cubic feet per day (Bcf/d). The Marcellus/Utica, called “Appalachia” in the report, is predicted to decrease by a massive 194 MMcf/d in November compared with October, the biggest decrease in gas production for any of the seven plays.
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