Dusting Off Our Gas Data

After this weeks EIA-914 report, we are dusting off our natural gas data, particularly given the severe frac cuts expected in Texas / New Mexico / Rockies and associated gas implications. Meanwhile, frac fleets in the Northeast were already in free-fall before the crisis, highlighted by the EIA reporting back-to-back production declines from PA / Ohio / WV. Altogether, our bottom-up fleet count of 180 by year end (120 fully utilized) suggests gas production will finally rollover, with 10-20 bcf/d knocked out of supply by 2021.

For access to the full report visit: https://corasresearch.com/reports/

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