EIA forecasts U.S. natural gas production will establish a new monthly record high in 2022
The U.S. Energy Information Administration last week reported that U.S. dry natural gas production will increase from 95.1 Bcf/d in October 2021 to 97.5 Bcf/d by December 2022, a new record high.
The EIA reports:
Our forecast for U.S. natural gas production growth includes expected output from natural gas-directed drilling activity as well as natural gas production associated with crude oil production (associated gas). In both the Haynesville region (mainly in Texas and Louisiana) and the Appalachia Basin (mainly in Pennsylvania and West Virginia), increased drilling activity and greater output per well have led to more natural gas production in recent months, according to metrics compiled in our Drilling Productivity Report. Associated natural gas production has also increased as producers have completed wells that were previously drilled but uncompleted (DUC wells).
Increased U.S. natural gas production is key to providing reliable, affordable, and cleaner-burning energy to American families. While increased production is a boon for the U.S. economy, the U.S. must also welcome investment in critical energy infrastructure to safely and efficiently deliver natural gas and other energy resources to consumer markets and export facilities.