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What are the largest natural gas companies in the United States?

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Quick Answer

As of January 2015, Exxon Mobil is the largest producer of natural gas in the United States at 3,415 million cubic feet per day, according to the Natural Gas Supply Association. Next is Chesapeake Energy at 2,979 million cubic feet per day, followed by Anadarko and Southwestern Energy Co.

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Names of many of the top natural gas companies in the United States are familiar to consumers – BP, Chevron, Marathon and Hess. However, the top natural gas producers in the United States are really a mix of integrated multinational companies, who produce both oil and gas around the world, and much smaller independent companies that specialize in oil drilling or gas production, as reported by Pro Publica. Many are Fortune 500 companies.

For instance, Chesapeake Energy, the second-highest producer of natural gas in the United States, maintains operations in 15 states and, as of late 2011, owned interests in 38,900 wells primarily producing natural gas. Fourth-largest producer Devon Energy has more than 70 percent of its reserves in natural gas drilled in Barnett Shale in Texas.

More than 14,000 companies vie for drilling rights to the United States’ approximately 2,203 trillion cubic feet of natural gas. This reserve makes the United States the world’s largest producer of natural gas.

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