America's biggest gas field finally succumbs to downturn
Re: America's biggest gas field finally succumbs to downturn
Based on the EIA's Drilling Productivity Report, U.S. gas production will be declining by over 1 BCF per day each quarter starting this quarter. The rate of decline will accelerate in 2016.
See Range Resources current presentation, which you can download from their website. It has several charts that show the decline.
See Range Resources current presentation, which you can download from their website. It has several charts that show the decline.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group