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Natural Gas Weekly Update Report – March 29, 2018


Gross natural gas production in the Permian Basin has nearly doubled in the past four years    

Gross natural gas production in the Permian Basin increased by 86% from March 2014 to March 2018, according to EIA’s most recent Drilling Productivity Report. Production in March 2018 is estimated at 10.0 billion cubic feet per day (Bcf/d), compared to an average of 5.4 Bcf/d in March 2014. This near-doubling in natural gas production in the Permian Basin has, in part, been driven by associated natural gas from oil wells. Permian oil production has also doubled from 1.5 million barrels per day (b/d) in March 2014 to 3.1 million b/d in March 2018. According to the Texas Railroad Commission, the associated natural gas share of total natural gas production in Texas grew from 31% in 2014 to 50% in 2017.

See full report at:

http://www.eia.gov/naturalgas/weekly/



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