Continuing Challenges are Forecasted
Even though drilling targeting natural gas has declined to a multi-year low, US gas production continues to increase as E&P companies grow oil production and with it, oil-associated gas. As noted by the Energy Information Agency (EIA), a new daily gas production record of 92.8 BCF per day was reached on August 19, 2019, up from about 72 BCF/day in January 2018. Plus