EIA: US Natural Gas Output to Hit Record Highs Through 2027


   
Kristina Davis
DTN Refined Fuels Market Reporter

   MIAMI, FL (DTN) -- U.S. natural gas production is expected to hit record 
highs this year and next, driven by higher prices and growing output from three 
major shale regions, the Energy Information Administration (EIA) forecast in a 
report issued Friday (2/13).

   Gas output is projected to rise 2% this year to average 120.8 billion cubic 
feet per day, before rising to 122.3 Bcfd in 2027, the EIA said.

   Nearly 70% of the forecast growth over the next two years is expected to 
come from the Appalachia, Haynesville, and Permian regions.

   Production gains are expected to be led by the Haynesville shale in eastern 
Texas and Louisiana, where higher natural gas prices are keeping drilling 
activity economical despite rising development costs. Haynesville output itself 
is expected to grow by 1.2 Bcfd this year and by another 1.6 Bcfd in 2027.

   The Permian Basin is also expected to contribute meaningfully to production 
growth, adding an estimated 1.4 Bcfd in 2026 and 0.6 Bcf/d in 2027.

   Gas prices, meanwhile, forecast to rise from $3.52 per million British 
thermal units in 2025 to $4.31 MMBtu in 2026 and $4.38 MMBtu in 2027.




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