WASHINGTON, Aug. 26 (UPI) -- A drilling productivity report from the United States finds the Utica shale basin in Ohio is the only one of seven reviewed that's expecting more production.
The U.S. Energy Information Administration finds production from seven shale basins in the United States reached 45.6 billion cubic feet per day in May for an all-time high. That's expected to drop 1.5 percent by September.
The report finds net natural gas production from new wells drilled into U.S. shale reserves is not enough to counter the expected decline from legacy wells. EIA attributed that phenomenon to the decline in the number of drilling rigs deployed across the country.
"Given the substantial drop in rig counts since the fourth quarter of 2014 in each of the [shale] regions and growing declines in production from legacy wells, productivity increases are less able to completely offset lower rig counts and legacy-well declines," EIA said.
Of the seven basins reviewed in the latest drilling productivity report, EIA finds only the Utica shale basin in Ohio is expected to post an increase in short-term production. Production from new wells drilled into the Utica shale is estimated to rise by 7 percent from September last year, offsetting the declines expected from legacy production.
Last year, it was an increase in rig activity in the Utica shale that accounted for its resiliency.
In its market report for June, EIA found similar expected trends for U.S. crude oil production. Total oil production in July was down 100,000 barrels per day from the previous month. Net growth in U.S. crude oil production doesn't return until the middle of next year.
Tags:
Permalink Reply by Skip Peel - Mineral Consultant on August 27, 2015 at 6:08    I would find greater encouragement in the reported decline in NG production based on rig counts if the fracklog had been included in the analysis. In the LA portion of the Haynesville Shale Basin alone there are 148 wells Waiting On Completion. I suspect that is a small fraction of similar status wells nationwide.
http://dnr.louisiana.gov/assets/OC/haynesville_shale/haynesville_mo...
Permalink Reply by Keith Mauck (Site Publisher) on August 27, 2015 at 9:30    How has that trended in the Haynesville over the last 6-12 months?
Permalink Reply by Skip Peel - Mineral Consultant on August 27, 2015 at 9:46    Slightly lower. The high to date was 187 in March.
7 members
8 members
7 members
386 members
402 members
248 members
441 members
690 members
455 members
194 members
In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near…
ContinuePosted by Char on May 29, 2025 at 14:42 — 4 Comments
    © 2025               Created by Keith Mauck (Site Publisher).             
    Powered by
    
    
| h2 | h2 | h2 | 
|---|---|---|
AboutAs exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More  | 
Links | 
Copyright © 2017 GoHaynesvilleShale.com