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US natural gas production increased by 4% in 2023

According to the US Energy Information Administration (EIA), the US gas production increased by 4% in 2023, thanks to a higher output in the three largest producing regions of Appalachia, Permian, and Haynesville, which jointly accounted for 59% of all natural gas production in the United States. The Appalachia region accounted for 29% of domestic gas production but its output growth slowed down in 2023 due to insufficient pipeline capacity to serve demand markets (no new major pipeline capacity addition in 2023). The Permian region accounted for 19% of domestic production and its gas production grew by 13% in a context of high oil prices boosting oil and associated gas production. Finally, the Haynesville region accounted for 13% of domestic production, with a slower production growth owing to low natural gas prices. The EIA Short-Term Energy Outlook expects a modest production contraction in 2024, due to low natural gas prices and a relatively stable rig count. 

The US is the largest natural gas producer worldwide, with the production increasing by 3% in 2021 and by 4% 2022 to an all-time high value of 1016 bcm.