The just-released EIA December Drilling Productivity Report (DPR) forecasts natural gas production from the U.S.’s seven most productive basins/plays will rise just 77 million cubic feet per day from December to January – a month-to-month increase that in previous reports neared 1 billion cubic feet per day.
Total gas production from the seven basins/plays in January will creep up to 85.60 billion cubic feet per day (Bcf/d), from 85.52 Bcf/d in December, the Energy Information Administration’s monthly projection shows. (All numbers are rounded.)
The oil and gas industry slowdown manifests itself in another jaw-dropping way within the new DPR, Kallanish Energy reports. Gas production in Appalachia (the Marcellus and Utica Shale plays combined) is expected to actually drop 74 Mmcf/d from December to January. Total production will slide to 33.43 Bcf/d, from 33.51 Bcf/d.
Other basins/plays seeing production dialed back from December to January include the Anadarko, down 132 Mmcf/d, to 7.52 Bcf/d, and the Eagle Ford Shale play, down 69 Mmcf/d, to 6.78 Bcf/d in January.
The Permian Basin’s natural gas production during the December-to-January timeframe is projected to increase by 213 Mmcf/d, to 17.08 Bcf/d, from 16.86 Bcf/d in December.
The Haynesville Shale is expected to rise 123 Mmcf/d from December to January, to 12.09 Bcf/d, from 11.96 Bcf/d. The Niobrara gas production is projected to increase 13 Mmcf/d, to 5.59 Bcf/d, from 5.58 Bcf/d.
Bakken natural gas production should barely move, according to the new DPR, increasing just 3 Mmcf/d, to 3.12 Bcf/d in January from 3.12 Bcf/d in December.
This post appeared first on Kallanish Energy News.