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Sunday, April 7, 2024

U.S. Natural Gas Production Growth: 4% 2023

 


U.S. natural gas production averaged 12 BCF/Day in 2023. The above chart indicates that Appalachia, Permian Basin, and the Haynesville play accounted for 59% of total U.S. natural gas production. What a difference a decade makes. Both horizontal drilling and fracking improvements make these areas economic for producers.

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