Natural Gas Production Hits All Time High in 2015, Thx to Marc/Utica

|

According to our favorite government agency, the U.S. Energy Information Administration, U.S. natural gas production reached a record high level of 79 billion cubic feet per day (Bcf/d) in 2015. That’s an increase of 5% from the previous year, even though natural gas prices remained at historically low prices. Production from five states responsible for the lion’s share of the growth. Three of those states were Pennsylvania, Ohio, West Virginia–the Marcellus/Utica. The other two were Oklahoma and North Dakota. In other words, Marcellus/Utica production increased so much it offset lower production in other regions…

Please Login to view this content. (Not a member? Join Today!)
You do not have permission to view the comments.