natural gas

natural gas

Wednesday, May 4, 2016

Natural Gas Corner - Production Update - U.S. Production Decline Continues


U.S. natural gas production has been in a slow decline from the 73.8 Bcf per day high reached in February.

The most recent Bentek production report estimates current production at 70.5 Bcf per day, down 3.3 Bcf per day or 4.5%.

There has been much disagreement regarding whether or not U.S. production will be affected this year by the falling rig count. 

Recent data suggests production may finally be ticking downward.

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