Natural gas production across all major shale regions in the US is expected to decrease for the first time next month.
That’s according to the Energy Information Administration’s (EIA) Drilling Productivity Report (DPR).
The DPR forecasts a month-ahead of natural gas and crude oil production for the seven most significant shale formations in the US.
Production reached a high in May at 45.6 billion cubic feet per day (Bcf/d) but is expected to decline to 44.9 Bcf/d in September.
The regions are Bakken, Eagle Ford, Haynesville, Marcellus, Niobrara, Permian and Utica.
The report claims new wells from each region are not large enough to offset production declines from existing wells.