M-U #1 NatGas Producing Region in 2022, but Grew Just 100 MMcf/d

This is a good news/bad news article. The good news is that the Marcellus/Utica region remained the top-producing natural gas region in the U.S. in 2022, supplying some 29% of all the natural gas produced in the U.S. --averaging 34.6 Bcf/d (billion cubic feet per day). The bad news is that the M-U's new growth in 2022 was minuscule--just 100 MMcf/d (million cubic feet per day) over 2021 volumes. The Permian Basin (oil-focused) added roughly 2.5 Bcf/d of new natgas production in 2022. The Haynesville, the M-U's chief competitor, added nearly 2 Bcf/d of extra production last year. Even the Eagle Ford and Anadarko plays added more natgas production last year than did the M-U. Why?

---

To view this content, log into your member account. (Not a member? Join Today!)