The Williams Companies Inc.

06/12/2019 | News release | Distributed by Public on 06/12/2019 16:23

U.S. natural gas production hit a new record high in 2018

[Attachment] According to the U.S. Energy Information Administration (EIA), U.S. natural gas production grew by 10.0 billion cubic feet per day (Bcf/d) in 2018, an 11% increase from 2017. The growth was the largest annual increase in production on record, reaching a record high for the second consecutive year.

As natural gas production increased, the volume of natural gas exports-both through pipelines and as liquefied natural gas (LNG)-increased for the fourth consecutive year, reaching 9.9 Bcf/d. Total natural gas exports grew 14% in 2018, and LNG exports grew by 53% to 3.0 Bcf/d.

The United States continued to export more natural gas than it imported in 2018, after being a net exporter in 2017 for the first time in nearly 60 years.

The Appalachian region remained the largest natural gas-producing region in the United States. Appalachian natural gas from the Marcellus and Utica/Point Pleasant shales of Ohio, West Virginia, and Pennsylvania continued to grow, with gross withdrawals increasing from 24.2 Bcf/d in 2017 to 28.5 Bcf/d in 2018.