EIA: Marcellus, Utica gas production to grow by 1.2%

The biggest increase in natural gas production from February to March will be the Appalachian Basin, according to a new report by the U.S. Energy Information Administration.

Production in the Marcellus and Utica shales is expected to jump from 26.829 billion cubic feet per day to 27.150 billion cubic feet per day, an increase of 1.2%, the agency said in its Drilling Productivity Report released on Monday.

Among the seven major shale plays in the United States, No. 2 for natural gas growth from February to March is likely to be the Permian Basin in West Texas and New Mexico, Kallanish Energy reports

Natural gas production is projected to grow from 9.754 billion cubic feet per day in February to 9.970 cubic feet per day in March, it said.

Third is the Haynesville Shale of Louisiana, Texas and Arkansas. Production is expected to jump from 7.906 billion cubic feet per day in February to 8.095 billion cubic feet per day in March, the EIA said.

Natural gas was projected to increase in six of the seven shale plays. It was expected to drop slightly in the Anadarko play in Oklahoma, the agency said.

Natural gas for the seven plays together will grow from 64.109 billion cubic feet per day in February to 64.941 billion cubic feet in March, it said.

For oil, the Permian Basin is projected to have the biggest increase in the country from February to March: from 2.919 million barrels a day to 2.994 million barrels per day, the EIA reported.

Oil production is projected to grow slightly in March in the Anadarko, Appalachian Basin, Bakken in North Dakota and Montana, Eagle Ford in South Texas, Niobrara in Colorado and Wyoming. It is projected to stay level in the Haynesville Shale.

Oil production in the seven plays together is expected to jump from 6.646 million barrels per day to 6.756 million barrels per day.

EIA said the number of drilled but uncompleted wells grew from December to January by 121 in the seven plays.

The number of DUCs grew from 7,488 to 7,609, it said.

That includes 2,880 Permian DUCs, plus 1,511 in the Eagle Ford and 1,029 in the Anadarko.

The Permian Shale saw the most new DUCs reported: 112 from December to January.

 

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