Thursday, December 19, 2024

Marcellus Production Continues to Grow; Infrastructure Build Out Progressing

The Marcellus Shale will produce a record 12.6 Bcf/d in November 2013, according to the Energy Information Administration’s (EIA) Drilling Productivity Report on October 22, 2013. If the Marcellus itself were a country, it would rank eighth in the world in natural gas production – and the growth is expected to continue Companies such as Cabot Oil & Gas (ticker: