Production at the seven largest shale basins in the U.S. is expected to dip next month although shale gas production at some of the nation’s largest plays is still climbing.
According to the U.S. Energy Information Administration, crude production at the Permian Basin in Texas is expected to climb by 5,000 barrels per day in February to 2.04 million bpd, up from 2.035 million bpd in January.
Gas production at the play is expected to grow by 1 million cubic feet per day next month to 6.913 billion cubic feet per day.
The agency expects the Utica shale basin to record a 1,000 bpd bump in crude production and produce 79,000 bpd in February.
The Utica play should see the largest gas production bump next month with producers in the region expected to pump 3.249 billion cubic feet per day, a 43 million cubic feet per day jump.
The Haynesville region should see gas production grow by 16 million cubic feet per day in February to 6.226 billion cubic feet per day, while crude production is anticipated to tumble by 1,000 bpd to 51,000 bpd next month.
Despite some production bumps, overall shale gas production from the country’s seven largest plays is forecast to fall by 405 million cubic feet per day next month to 43.722 billion cubic feet per day.
The Eagle Ford play in Texas will likely see crude production dip by 72,000 bpd in February to 1.145 million bpd, while gas production will fall by 140 million cubic feet per day to 6.457 billion cubic feet per day.
The EIA expects gas production at the Marcellus shale play to drop by 225 million cubic feet per day next month to 15.222 billion cubic feet per day.
Marcellus producers are anticipated to pump 48,000 bpd of crude in Feburary, down from 50,000 bpd in January.
Crude production at the Niobrara play is forecast to fall by 23,000 bpd in February to 371, 000 bpd.
Gas production at Niobrara should fall to 4.098 billion cubic feet per day, a 76 million cubic feet per day drop.
Gas production at the Bakken play will likely fall by 24 million cubic feet per day to 1.556 billion cubic feet per day in February and crude production at the play will dip by 24,000 bpd to 1.098 million bpd next month, down from 1.122 million bpd in January.
Total shale crude production from the nation’s seven largest shale plays is forecast to drop from 4.948 million bpd in January to 4.832 million bpd in February.
The seven regions included in the report accounted for 92 percent of domestic oil production growth and all domestic natural gas production growth during 2011 to 2014.
According to Reuters, February will be the seventh straight month of steadily declining shale gas and crude productions.
While an over 50 percent drop in the U.S. rig count has helped curb production, the decline has been slower than analysts initially expected.