Most views on near-term natural gas pricing remain pessimistic, with production continuing to outstrip demand. Upcoming regulations may help.
Initial peak 24 hour gross production rates of the 10 wells averaged 7.5 million cubic feet (MMcf) of natural gas per day.
Chart: 1Q 2011 Completions, by Unconventional Play (Source: Compiled by Ann Priestman from IHS Inc. data).