Marcellus dry gas drillers shine in Q2

摘要

Washington—Oil and liquids drilling in the US were generally kind to producers in the second quarter of 2013, but the place to be was the dry-gas window of the Marcellus Shale, according to a review of company results and stock performances. Gas producers were assisted by a 76% increase in average Henry Hub spot prices from a year earlier, from $2.28/MMBtu to $4.01/MMBtu, while crude oil prices gained less than 1% in the same time period, according to the Energy Information Administration.