M-U Production Slides as Regional Cash Prices Sink Below $1/MMBtu

In September, production from the Marcellus and Utica shales averaged just under 35.1 Bcf/d — down from a nearly two-year high at 35.3 Bcf/d in August, according to data from S&P Global Commodity Insights. Over the past three years, producers in the Marcellus/Utica have dialed back output in September. Why? Cooling temperatures that lead to…

The post M-U Production Slides as Regional Cash Prices Sink Below $1/MMBtu first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.