US gas surge coming from oil patch
Associated gas from legacy oil basins could offer a new lease of life to wobbling shale gas production and cement US powerhouse status
The face of the US gas sector is changing. While data from the US Department of Energy (DOE) finds that gas production from shale and tight formations may be on pace for its first annual decline in nearly a quarter century, associated gas in legacy oil basins could inject new growth for both domestic use and export. The country’s globally dominant and strategic role could have a durable legacy that goes beyond shifting political sands and changes in the upstream landscape. Since 2011, the US has been the world’s largest natural gas producer, surpassing Russia, with its exporting role taking on even greater significance from 2022, when the Russian invasion of Ukraine upended global commoditie

Also in this section
11 July 2025
Equinor and its partners at Norway’s largest oilfield have pulled the trigger on a fresh $1.3b investment that will maintain high output for longer
11 July 2025
Reassessment of the country’s export-facing gas policy coincides with worsening domestic market backdrop
10 July 2025
Without sanctions relief, there is little reason to believe the latest potential attempt at exports from the Russian liquefaction project will be more successful than the one last summer
9 July 2025
Efforts to restructure and boost investment appear to be working, but doubts remain about the plan to almost double crude production by 2030