{"id":5469,"date":"2014-06-02T13:44:44","date_gmt":"2014-06-02T19:44:44","guid":{"rendered":"http:\/\/www.regiontrack.com\/www\/?p=5469"},"modified":"2014-06-02T13:44:44","modified_gmt":"2014-06-02T19:44:44","slug":"pic-of-the-week-like-crude-u-s-natural-gas-gains-are-highly-concentrated-06022014","status":"publish","type":"post","link":"https:\/\/www.regiontrack.com\/www\/pic-of-the-week-like-crude-u-s-natural-gas-gains-are-highly-concentrated-06022014\/","title":{"rendered":"Pic-of-the-Week: Like Crude, U.S. Natural Gas Gains are Highly Concentrated (06\/02\/2014)"},"content":{"rendered":"

Natural Gas Production Gains\u00c2\u00a0Since 2005 are Highly Concentrated in Only a Few States –<\/strong>\u00c2\u00a0<\/em>U.S. natural gas\u00c2\u00a0production has increased by nearly\u00c2\u00a050% since 2005, from about 18 trillion cubic feet\u00c2\u00a0to nearly 27 trillion cubic feet annually.
\nDomestic crude oil production is similarly up about 50%<\/a> since 2009.<\/span><\/p>\n

Texas remains the largest player, with production up 50%\u00c2\u00a0the\u00c2\u00a0past decade and now the source of\u00c2\u00a0a little over one-fourth of total U.S. output. The increase in Texas nearly mirrors the decline seen in production from the Gulf of Mexico, where output is off more than 50% the past decade.<\/span><\/p>\n

Among the other producing states, Pennsylvania is the unquestioned standout, where production is up more than ten-fold\u00c2\u00a0from about 350 billion cubic feet to more than 3.5 trillion cubic feet in only\u00c2\u00a0four years. Pennsylvania is now the number two producer of natural gas and is truly the North Dakota on\u00c2\u00a0the gas side of the business. <\/span><\/p>\n

And although Louisiana has dialed back production the past two years in response to low natural gas prices, production remains\u00c2\u00a0up more than 60% since 2008, and the state will almost certainly reemerge as\u00c2\u00a0a key producer\u00c2\u00a0once prices rise enough to justify the high cost of drilling in the Haynesville shale.<\/span><\/p>\n

\"U.S.<\/a><\/p>\n

Among the other major producing states, Colorado and Oklahoma have enjoyed a roughly 50% gain in production the past decade. Production in Wyoming is off about 25% since 2008, but remains\u00c2\u00a0up slightly the past decade. New Mexico production remains in a slow downtrend and is off more than 20% the past decade. Alaska has similarly shown a steady decline\u00c2\u00a0in production.<\/p>\n

Sign up<\/a>\u00c2\u00a0to receive RegionTrack’s PIC OF THE WEEK!
\n[email_link]<\/div>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Natural Gas Production Gains\u00c2\u00a0Since 2005 are Highly Concentrated in Only a Few States –\u00c2\u00a0U.S. natural gas\u00c2\u00a0production has increased by nearly\u00c2\u00a050% since 2005, from about 18 trillion cubic feet\u00c2\u00a0to nearly 27 trillion cubic feet annually. Domestic crude oil production is similarly up about 50% since 2009. Texas remains the largest player, with production up 50%\u00c2\u00a0the\u00c2\u00a0<\/p>\n","protected":false},"author":1,"featured_media":5468,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","om_disable_all_campaigns":false,"_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[9,13,1],"tags":[46,68],"post_series":[],"class_list":["post-5469","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-graphic","category-pic-of-the-week","category-uncategorized","tag-energy-states","tag-natural-gas","entry","has-media"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t