US natural gas production grew by 4% in 2023, or 5.0bn cubic feet per day (bcfpd) (141.6 mcm) to average 125.0 bcfpd (3.5 bcm), according to the Energy Information Administration (EIA). Last year, three regions – Appalachia, Permian, and Haynesville – accounted for 59% of all ...
Natural gas production is plummeting. Between December 2023 and May 2024, U.S. dry gas supply has contracted by a notable 5 billion cubic feet per day—a nearly 5% reduction. On a year-over-year basis, the decline stands at 2.2 bcf/d. The drawdown is the sharpest since the shale revol...
(Reuters) — U.S. and Canadian natural gas production is expected to hit new records in 2023, but growth may be slow due to weakened demand,pipelinebottlenecks and a lack of new LNG export plants. Gas demand surged worldwide after Russia cut off Europe's primary supply, and the United...
U.S. dry natural gas production will rise to an all-time high of 92.13 billion cubic feet per day (Bcf/d) in 2019 from a record high of 83.80 Bcf/d last year, the Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on Nov. 13. The latest output p...
According to foreign news on June 13, JPMorgan said on Wednesday: "we now expect the U.S. crude oil production (including condensate) to increase by 362,000 barrels/day in 2024 and 395,000 barrels/day in 2025." It is estimated that the supply of natural gas in the United States will...
and via LNG from other countries. Fracking changed the equation, natural gas production began to soar, and along the way the US became the largest producer of natural gas in the world. In December, US natural gas production hit a record 118.8 billion cubic ...
Renewable natural gas has also increased significantly in the past decade, albeit from a low base of production. To date, almost all RNG production has come from landfill sites, but more anaerobic digestion projects, which biodegrade manure and other organic matter, are under development. ...
In December 2023, natural gas production reached a monthly record high of 118.2 billion cubic feet per day. In major natural gas producing states, Texas production fell to a three-month low of 34.6 billion cubic feet per day in April. Pennsylvania's production increased to a two month high ...
At the end of Q3 2024, US crude oil production rose to 13.3 million barrels per day, up 0.1 million barrels per day from Q2 2024.Energy and resources trends Oil and gas In the US Energy Information Administration’s October 2024 Short Term Energy Outlook report, US natural gas prices ...
EIA forecasts dry natural gas production to increase in both 2018 and 2019, exceeding domestic consumption of natural gas for the first time since 1966. The United States became a net exporter of natural gas on an annual basis for the first time in 2017 and this trend is expected to continu...