Output hits seven-week high at 94.6 Bcf/d on Feb. 22 Freeze-off risk abates as coldest winter days wane Rig count now at 752, highest since March 2020 Following an early February freeze-off, the outlook for US natural gas production now looks increasingly bullish as producers stage a surprisingly quick recovery amid a continued expansion in drilling activity. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now On Feb. 22, early estimates showed US production at over 94.6 Bcf/d – a new seven-week high that comes following a prolonged contraction in output since the start of the new year when production tumbled from a record-high 95.7 Bcf/d average in December, S&P Global Platts Analytics data shows. The new year decline, which historically is common in early January, has been exacerbated by widespread freeze-offs across Texas and the Midcontinent over the past seven weeks. The […]