(Platts Gas Daily – June 11, 2013) Production seen flat or rising this year and next
Rig counts are hovering near 14-year lows. Wellhead prices are having a hard time holding above $4/MMBtu. And traditional gas drillers are increasingly shifting toward basins rich in oil and liquids.
Yet many analysts see overall dry gas production levels holding steady this year and next, perhaps even rising modestly, driven by a confluenceof factors both upstream and midstream, according to a Platts analysis.