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GlobalData Report: Declining Antrim Production Inspires Players To Seek Gassier Pastures

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Larry Prado, Hart Energy Activity Director
September 4, 2012

According to a report by GlobalData, some of the United States’ biggest oil and gas companies are losing interest in the Antrim shale.

The report also said that “in recent years natural gas production from the shale has been decreasing while a national overabundance has led to a decline in gas prices, thereby largely impacting investor interest in the shale.”

In 2008, area production was 131 billion cubic feet but has declined steadily to about 85 billion cubic feet in 2011. By 2020, GlobalData predicts this figure will continue to ...

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