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Permian Basin Oil and Gas Magazine

PBOG is the Official Publication of the Permian Basin Petroleum Association and is published monthly by Zachry Publications, LP.

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EIA also forecasts production of natural gas to decline in August in seven regions

July 21, 2023 by PBOG

In addition to this decline in oil output, production of natural gas also is expected by U.S. Energy Information Administration to decline in August.  EIA said gas production for August in seven major regions is expected to be 97.972 billion cubic feet per day – down 100 million cfd from July.  Permian, Bakken and Niobrara are forecast to add gas production in August.  Permian will grow by 36 million cfd to 23.389 billion.  Gas production leader Appalachia will decline by 16 million cfd to 35.329 billion cfd, and Eagle Ford in south Texas will decline by 42 million cfd to 7.548 million cfd.

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