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Is Natural Gas Production Peaking?
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Is Natural Gas Production Peaking?

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HFI Research
Jun 06, 2023
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Is Natural Gas Production Peaking?
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There are signs that US Lower 48 natural gas production peaked for the year.

First, daily production volumes so far this month are averaging closer to 100.5 Bcf/d and down from the 101.7 Bcf/d average we saw last month.

Second, rig counts have steeply fallen in US natural gas basins over the past few weeks.

Source: ycharts.com

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