The latest data is showing a boost in oil and gas production from the Marcellus Shale to the highest level among six shale regions tracked by the federal government.

Gas production from the Marcellus Shale was 12.6 billion cubic feet per day, up 408 million cubic feet a day in a single month. Oil production was also up, 3,000 barrels a day to 51,000 barrels a day in the Marcellus Shale.

The increase in gas production was the largest among the six basins analyzed in the Drilling Productivity Report, released Tuesday by the U.S. Energy Information Administration. It’s also double the next nearest basin, the Haynesville, whose production dropped 120 million cubic feet per day to 6.6 billion cubic feet a day.

The Marcellus is also ahead of other basins when it comes to new-well gas production per rig. Marcellus is up 160 thousand cubic feet per day to 5.98 million cubic feet.

The drilling data is through September with projected production through November.

Utica is not represented in the data. The shales that are tracked are Bakken, Niobrara, Permian, Haynesville, Eagle Ford and Marcellus.

The data can be found here and here.


Digital Producer- Pittsburgh Business Times
10/22/2013
http://www.bizjournals.com/pittsburgh/blog/energy/2013/10/marcellus-now-tops-in-production-among.html?ana=twt
www.cx-energy.com