Natural gas production in the Permian region established a new record in 2022

Gross natural gas withdrawals in the Permian region set an annual record high in 2022 at 21.0 billion cubic feet per day (Bcf/d), 14% above the 2021 average, according to our Drilling Productivity Report. Annual gross natural gas production in the Permian region, which extends across western Texas and eastern New Mexico, has been rising steadily for over a decade and continued to grow in the first four months of 2023.