Excellent Production Numbers From Marcellus Shale Seen as a Good Sign For Utica Shale
From Columbus - Business First:
Connect with us on Facebook and Twitter!
Follow @EnergyNewsBlog
Read that entire article here.Some startling strong natural gas production numbers from the Marcellus shale play likely will be encouraging news to boosters of the adjoining Utica play in eastern Ohio.A new report from the U.S. Energy Information Administration estimates the Marcellus play will produce 12.65 billion cubic feet of natural gas per day in November. That’s roughly 20 percent more than peak production in 2012 and more than six times higher than in 2009.“Everyone has been a little surprised, even the people who have predicted really high production levels,” said Sam Gorgen, an analyst at the federal energy agency. “It seems like the wells have gotten a lot better and infrastructure (problems) continue to be dealt with better.”
Connect with us on Facebook and Twitter!
Follow @EnergyNewsBlog