Appalachian Basin Activity Highlights: June 2018

Appalachian Basin gas production is on the rise and is expected to push the U.S. to a new record this year.

The Energy Information Administration forecast dry natural gas production in the U.S. will average 81.2 Bcf/d in 2018, establishing a new record. Production averaged 73.6 Bcf/d in 2017, the agency said in its short-term energy outlook report on June 12.

The bump in gas production is largely driven by U.S. shale producers in Appalachia, according to Tom Petrie, chairman of Petrie Partners.