RBN Energy: Marcellus production exceeding forecasts by staggering amounts.
Production forecasts for natural gas in the Appalachian Marcellus shale have doubled from 7 bcf/d to 14 bcf/d in less than two years. As a result northeast demand for natural gas will be almost entirely met from local production in coming years. Significant re-plumbing of the US natural gas pipeline distribution system will be needed and in many cases has already commenced. Today we review accelerating changes to US gas flows.Rigzone: five US states, besides ND and TX, are boosting the nation's production --
Production in the Williston Basin in North Dakota and Texas' Eagle Ford play and Permian Basin outpaced other regions. However, gains in other Lower 48 states added up to approximately 320,000 bopd of production from February 2010 to February 2013, including the 290,000 bopd in Oklahoma, New Mexico, Wyoming, Colorado and Utah.
Production in each state rose between 23 percent and 64 percent, EIA noted in its Petroleum Supply Monthly report.
Oklahoma and New Mexico production averaged over 530,000 bopd in February 2013, roughly the same as California's oil production in February. Production in Oklahoma and New Mexico grew by 51 percent and 46 percent from February 2010 to February 2013, mainly due to production gains in the Anadarko and Permian Basins.
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