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It's been no secret that natural gas production in the Marcellus/Utica has stalled over the past few years. Since 2021, the M-U has been rangebound in producing somewhere between 34 and 37 Bcf/d (see the chart). The main reason we haven't expanded our production is the lack of transportation (pipelines) to move our molecules to the markets that can use them. However, the ceiling for M-U production appears to be shattering. New pipeline projects to move more of our molecules are one, but not the only, factor in what may be another growth spurt in M-U production. Another factor is a growing market adjacent to the M-U (the Southeastern U.S.) with extra volumes needed for utility companies to distribute to new customers.
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