U.S. natural gas production will hit an all-time high for the fourth straight year in 2014 as new midstream projects unleash supplies in the Marcellus shale, the EIA reported on Tuesday. The EIA said marketed gas output in the continental U.S. would reach 73 billion cubic feet per day — a 4% increase over daily production in 2013.
Via Bloomberg, the agency cited recent projects by TransCanada and Spectra Energy as helping spur production. The former began transporting Marcellus gas west on its Lebanon Lateral pipeline in Ohio in April upon the completion of an expansion project. Spectra’s Texas Eastern Transmission pipeline will send 900 million cubic feet of natural gas per day out of the Appalachian region.
