Permian Basin oil boom propels 2024 rise in US associated natural gas

Last updated: | Reading Time: 1 minutes
US associated natural gas output rose 6% in 2024, mirroring Permian crude oil production growth, according to the EIA.

The Permian Basin’s role as the nation’s dominant crude oil producing region is translating to a role as the nation’s dominant natural gas producing region.

According to the U.S. Energy Information Administration, U.S. production of associated dissolved natural gas, also known as associated natural gas, increased by 6% in 2024. This mirrored the growth in crude oil production from the Permian region.

Associated natural gas production averaged 18.5 billion cubic feet per day in 2024, according to data from Enverus DrillingInfo.

Click here to read the full article
Source: mrt

—

If you have any questions or thoughts about the topic, feel free to contact us here or leave a comment below.

You might also like
U.S. Energy Secretary Chris Wright visited Midland, highlighting the Permian Basin’s major role in boosting U.S. domestic energy production.Energy secretary highlights Permian growth during Midland visit
EQT plans a $50B+ all-stock acquisition of Range Resources, creating the largest vertically integrated U.S. natural gas producer.EQT to acquire Range Resources in $13 billion stock deal
US Energy Secretary Chris Wright said that the world needs to more than double its oil production to bring more people out of energy poverty.U.S. energy secretary urges major rise in global oil output
Energy Secretary Chris Wright said the US is prepared to sell more oil and natural gas to China if Beijing cuts back on purchases from Russia.USA Energy Sec says USA is ready to sell more oil, gas to China
Targa buying Stakeholder Midstream for $1.25B, adding Permian gas assets and ~$200M/yr cash flow with low capex.Targa Resources to acquire stakeholder Midstream for $1.25B
Texas oil and gas production hit new records in 2024, surpassing records that were set in 2023, according to the Texas Railroad Commission.Texas Oil and Gas Industry Continued Hot Streak in 2024
USGS estimates US federal lands hold 29.4B barrels of oil, 391.6T cu ft of gas—enough for 4 years of oil, 12 years of gas at current use.USGS boosts oil and gas estimate for public lands
U.S Natural Gas Power Is Booming Thanks to AIU.S Natural Gas Power Is Booming Thanks to AI
Oil prices rise as OPEC+ holds firm on output through Q1 2026Oil prices rebounded in early Asian trade after OPEC+ chose to keep output steady through the first quarter of 2026.Matterhorn Express expansion is in service, boosting Permian gas throughput and easing regional pipeline bottlenecks.Matterhorn expansion likely online, boosting Permian gas flows