US natural gas production hits record in ’23 – EIA

US marketed natural gas production reached a record 113.1 billion cubic feet per day (Bcf/d) in 2023, with Texas, Pennsylvania, Louisiana, West Virginia, and New Mexico contributing over 70 per cent of the total, according to the US Energy Information Administration (EIA).

Texas led with 28 per cent, followed by Pennsylvania (18 per cent), Louisiana (10 per cent), and both West Virginia and New Mexico (8 per cent each).

Texas production rose 7 per cent year on year (YoY) to 31.6 Bcf/d, supported by the Permian and Haynesville shale plays, while New Mexico saw an 18 per cent surge to 8.7 Bcf/d.

Louisiana’s output hit 11.8 Bcf/d, the highest since 1996, driven by supply from the Haynesville region to Gulf Coast LNG export facilities. Pennsylvania and West Virginia also achieved record outputs of 20.9 Bcf/d and 8.9 Bcf/d, respectively, from Appalachian Basin shale plays.

In 2024, US production growth slowed to 113.0 Bcf/d through August, a modest 1 per cent increase compared to the same period in 2023. Declines in Louisiana and Pennsylvania tempered gains in Texas and New Mexico as producers scaled back due to low Henry Hub natural gas prices and stagnant LNG export demand.

Attribution: EIA

Subediting: M. S. Salama