Associated gas boom hurting gas-focused producers

 Hart Energy (4/17) 

 

Surging associated gas production from oil-rich regions like the Permian Basin and Bakken Shale, alongside low gas prices, is

intensifying pressure on natural gas producers in Appalachia and the Haynesville Shale, prompting some of them to cut output

and drilling activity. To put things in perspective, Energy Information Administration projections suggest that Permian and

Bakken-associated gas volumes will increase to 25.24 Bcf/d and nearly 3.42 Bcf/d, respectively, in May, while gas production

from the Haynesville Shale and Appalachia is seen declining to about 16 Bcf/d and 36.1 Bcf/d, respectively.

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