U.S. Production Data
We thought you might be interested in the most recent monthly natural gas production data from the Energy Information Administration:
Production in the Lower 48 States shows a recovery from the weather-induced drop that was recorded during the first two months of the year. A gain of 3.8 percent or 2.49 billion cubic feet per day (Bcf/d) more than offset the previous declines. All areas in the Lower 48 posted increases except the Federal Offshore Gulf of Mexico which fell slightly, 0.4 percent or 0.02 Bcf/d. Texas contributed the largest gain at 6.1 percent or 1.23 Bcf/d; Louisiana and Other States, likewise posted gains totaling 0.65 Bcf/d as drilling activity continues in the Marcellus and Haynesville shale plays. New Mexico and Oklahoma had increases of 10.4 percent or 0.35 Bcf/d and 4.1 percent or 0.20 Bcf/d respectively. [Emphasis is ours.]
Very interesting. For more, see here.
