Squeezed Marcellus Drillers See Improving Supply, Demand Trends

摘要

Despite a 64% drop in the rig count over the past year, gas production from Appalachia's Marcellus Shale has continued to surpass all expectations, topping 16.4 billion cubic feet per day this summer - about 20% of US output. That is a mixed blessing for companies like Range Resources, among the Marcellus' most active drillers (NGWAug.3'15).