Thursday, May 4, 2023
Oil and natural gas production in the Appalachian Basin, which includes Utica/Point Pleasant and Marcellus shale formations, is expected to increase month-over-month in May, according to The Business Journal.
The U.S. Energy Information Administration reported the Appalachian Basin is on track to produce an additional 48 million cubic feet of natural gas per day in May when compared to April.
The EIA’s Drilling Productivity Report shows natural gas output is projected to increase from 35.233 billion cubic feet per day in April to 35.281 billion cubic feet per day in May. Oil production will also see a slight increase.
Learn more: The Business Journal > Appalachian Oil, Gas Production Expected to Rise in May
Farm and Dairy, a weekly newspaper located in Salem, Ohio, has been reporting on topics that interest farmers and landowners since 1914. Through the Shale Gas Reporter, we are dedicated to giving our readers unbiased and reliable information on shale gas development.
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