Tuesday, 15 July 2014

Marcellus gas in Northeast drives record U.S. output

WASHINGTON, D.C. (Bloomberg) -- Record natural gas production from the Marcellus shale deposit in the Northeast is helping send U.S. output to an all-time high, as hydraulic fracturing and horizontal drilling unlocked underground supplies. Gross output from the region will average 15.235 Bcf/d this month, up 28% from a year earlier, and 15.482 billion in August, the U.S. Energy Information Administration said July 14 in a monthly report. Marcellus gas accounts for about 16% of gross U.S. production, up from 2% in 2008.


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