A drilling productivity report from the United States finds the Utica shale basin in Ohio is the only one of seven reviewed that’s expecting more production. The U.S. Energy Information Administration finds production from seven shale basins in the United States reached 45.6 billion cubic feet per day in May for an all-time high. That’s expected to drop 1.5 percent by September. The report finds net natural gas production from new wells drilled into U.S. shale reserves is not enough to counter the expected decline from legacy wells. EIA attributed that phenomenon to the decline in the number of drilling rigs deployed across the country. “Given the substantial drop in rig counts since the fourth quarter of 2014 in each […]