Worrisome natural gas production

by: Michael McAllister

With approximately 30% of the natural gas produced in the United States coming from the state of Texas,  a need to look at the numbers becomes imperative.   The Railroad Commission of Texas maintains a very good website with a great amount of data.   

According to their statistics natural gas production averaged 12.2 mmcf/d in 1Q20005.  This is 7.3% lower than the average daily amount posted in 1Q2004. 

While activity has increased; the wells that have been coming on line are less prolific.

I have added a chart that shows what could be the start of a very intriguing trend.


Thanks John.