U.S. Natural Gas Production in June Fell Slightly From May: Platts’ Bentek Energy

Production Averaged 72 Bcf/d in June, Down Less than 1% from May DENVER, July 10, 2015 /PRNewswire/  Natural gas production in the lower 48 United States averaged 72 billion cubic feet per day (Bcf/d) in June, down about 0.6 Bcf/d from the May average, according to Bentek Energy®, an analytics and forecasting unit of Platts. On a month-over-month basis, June natural gas production was down less than 1% from May. The U.S. Energy Information Administration (EIA) will publish its domestic production estimates for April on or around July 31, 2015. The month-on-month U.S. production decline observed in June was largely attributed to continued maintenance events in the Northeast, said Sami Yahya, Bentek energy analyst. The combination of reduced drilling and completion costs, as well as considerable efficiency gains in the field, has helped producers across most regions better cope with the distressed commodity prices. According to Bentek s data analysis, the average cost of service compa
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