US NatGas Production Hit New All-Time High in December Led by M-U

The U.S. Energy Information Administration (EIA) is reporting U.S. dry natural gas production in the Lower 48 states reached an all-time monthly high of 105.5 billion cubic feet per day (Bcf/d) in December 2023. In 2023, Lower 48 dry natural gas production increased 3.7% (3.6 Bcf/d) from 2022. Dry natural gas production increased 3.8 Bcf/d in the fourth quarter of 2023 (4Q23) compared with the average for the first three quarters of 2023. The increase was led by production from the Marcellus/Utica region, followed by the Permian.

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