Natural gas production in the Permian Basin hit a record in 2022, the Energy Information Administration reported, with the total at 21 billion cubic feet daily. This represented a 14% increase on the total for 2021, the agency said, and an all-time high as well. Natural gas production in the basin continued to grow this year, too, exceeding the 21 billion cubic feet average for 2022.
Almost all of the natural gas produced in the Permian is a by-product of oil production. As oil production rises, so does natural gas production. However, the EIA…Natural Gas Production In The Permian Basin Hit A Record High In 2022
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