The Super Basin Behind U.S. NatGas Dominance

11 Dec 2017   LNG

Natural gas production in the United States has skyrocketed over the past five years, making the carbon-light fossil fuel cheaper to access and plentiful for export, according to a new report by the Energy Information Administration. Production in the Appalachia region alone has seen a jump of 14 billion cubic feet per day since 2012, driving the bulk of output growth in recent years and giving the region a 2016 output of 22.1 billion cubic feet per day. National output soared to 72.3 billion cubic feet per day last year– that’s more than Russia, Africa, Iran and Qatar – the latter being the world’s most prolific liquefied natural gas exporter. The Appalachian basin alone produced more natural gas than any nation except for Russia. But a decline is on the horizon, according to data emerging from new wells. The average production from freshly drilled sites has fallen in the […]

Comments are closed.