Highlights 30-day average dips to 91.8 Bcf/d, down 1.7% from record Appalachia leads decline in dry gas output, drilling New York — US natural gas production has retreated from record-high levels over the past month as operators dial back on drilling in response a progressively weaker outlook for gas prices this year. Over the past 30 days, US production has averaged 91.8 Bcf/d, down about 1.7% from a single-day record high at 93.4 Bcf/d in November and an average 92.3 Bcf/d during the same month, data from S&P Global Platts Analytics shows. The largest decline has come from Appalachia where month-to-date output at 32.7 Bcf/d is down more than 1 Bcf/d from record highs seen during the fourth quarter. Gas production in the Haynesville in North Louisiana has also sputtered recently, averaging 12.2 Bcf/d in January, down […]