US Natural Gas Production to a New High

According to the U.S. Energy Intelligence Agency, gas production in the United States increased by 10 billion cubic feet a day in 2018, an 11% increase over 2017.

In a press release, the company said the development report was the largest annual increase in production on record, hitting an all-time high for the second consecutive year.

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According to EIA’s monthly crude oil, leased condensate and natural gas production report, the average daily output of natural gas in the United States in 2018 was 101.3 billion cubic feet, a record high.

Measured by market output and dry gas production, U.S. natural gas production also reached a record 89.6 billion cubic feet per day and 83.4 billion cubic feet per day, respectively.

In 2018, with the exception of June, total gas production in the United States increased monthly, culminating in a record 107.8 billion cubic feet per day in December 2018. In December 2018, market natural gas production and dry gas production reached monthly highs of 95 billion cubic feet per day and 88.6 billion cubic feet per day, respectively.

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With the increase of natural gas production, gas exports through pipelines and liquefied natural gas increased for the fourth consecutive year, reaching 9.9 billion cubic feet per day.

In 2018, total natural gas exports increased by 14% and liquefied natural gas exports by 53%, reaching 3 billion cubic feet a day. In December 2018, pipeline and LNG exports reached monthly highs of 7.7 billion cubic feet per day and 4 billion cubic feet per day, respectively. Since the United States became a net exporter of natural gas for the first time in nearly 60 years in 2017, its natural gas exports continued to exceed imports in 2018.

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