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Posted July 28, 2015Today in Energy

Marcellus, Utica provide 85% of U.S. shale gas production growth since start of 2012 ›

The productivity of natural gas wells in the Marcellus Shale and the neighboring Utica Shale is steadily increasing because of ongoing improvements in precision and efficiency of horizontal drilling and hydraulic fracturing occurring in those regions. Since January 2012, natural gas production in the Marcellus and Utica regions has accounted for 85% of the increase in production reported in EIA's Drilling Productivity Report and has driven recent growth in total U.S. natural gas production. More


Source: EIA, Drilling Productivity Report, July 2015

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WTI crude oil futures price

7/27/2015: $47.39/bbl

down$2.76 from week earlier
down$54.70 from year earlier

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7/27/2015: $2.789/mmBtu

down$0.034 from week earlier
down$0.992 from year earlier

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7/27/2015: $2.745/gal

down$0.057 from week earlier
down$0.794 from year earlier

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7/27/2015: $2.723/gal

down$0.059 from week earlier
down$1.135 from year earlier

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7/18/2015: 17.201 million tons

up0.801 million tons from week earlier
down2.237 million tons from year earlier

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