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US Industry Metrics

A. Blume, Editor

Moving into 3Q 2018, NGL prices slid as demand stalled and production increased for most liquids. Natural gas prices also weakened at the end of October due to warmer-than-forecast temperatures in key producing regions. According to the EIA, gas production in the US Gulf of Mexico, which has been declining for nearly two decades, could receive a boost as nine new natural gas production projects are expected to start in 2018. Another seven projects will commence operations in 2019. The 16 projects have a combined estimated resource volume of 800 Bft3. GP

 

GP1218 Metrics Fig 01

US gas production (Bft3d) and prices ($/Mft3)

 

GP1218 Metrics Fig 02

US natural gas spot prices at Henry Hub and NGL spot prices at Mont Belvieu, $/MMBtu

 

GP1218 Metrics Fig 03

US natural gas plant field production of NGL, LPG, ethane/ethylene and propane/propylene, Mbpd

 

 

 


Copyright © 2019. All market data is provided by Barchart Solutions. Futures: at least a 10 minute delay. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.

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FEATURED COLUMNS

Editorial Comment
-Adrienne Blume
The $26-B small-scale LNG market is gaining exciting traction this year.
Regional Focus: Singapore moves closer to becoming a global LNG trading hub
-Eugene Gerden
Amid strong demand for LNG in the Asia-Pacific region and the need to secure regular gas supplies on a large scale, Singapore may become a major regional hub for LNG trade.
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-Adrienne Blume
For the third time in its 47-yr history, Gastech is returning to Houston, Texas.


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