Kathryn Downey Miller, CFA at BTU Analytics LLC, said that overall in the industry production should continue to increase due to the fact that less-economic activity is being reduced. For example, less-productive wells are being phased out. Producers are also maximizing the use of increased proppant, succeeding on a learning curve. Prices should end the year in the mid-60s, she said at Hart Energy's recent DUG East conference.
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