January 7, 2021 – Natural Gas Intelligence
Natural Gas Prices Projected to Jump in 2021 on Strong Export Demand, Moderate Production
By Kevin Dobbs
In the important Permian Basin, RBN Energy analyst Jason Ferguson said production has recovered to 11.5-12.0 Bcf/d, on par with 2019. “I see us growing some this year,” he said, to around 12.5 Bcf/d by late 2021. However, Ferguson does not expect Permian output to reach 13.0 Bcf/d until next year.
National production levels hung around 90 Bcf in November and December – near...