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US Industry Metrics

A. Blume, Editor

Strong natural gas production, along with rapidly rising demand, resulted in record-high NGL production of 4.7 MMbpd in February 2019. Growth in NGL production, was led by ethane, which also set a new production record of nearly 130,000 bpd higher than in January 2019. The US Energy Information Administration estimates that domestic demand for ethane expanded by 360,000 bpd in the past 2 yr as a result of new ethylene crackers and expansions of existing facilities. Since 2017, four new ethylene plants have entered service. Four new crackers and one major cracker expansion are expected to come online in 2019, representing 260,000 bpd of additional ethane demand. Furthermore, ethane exports are expected to increase. GP

GP0619 Metrics Fig 01

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

 

GP0619 Metrics Fig 02

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

 

GP0619 Metrics Fig 03

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


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FEATURED COLUMNS

Editorial Comment
-Adrienne Blume
The continued expansion of natural gas trade is led primarily by growth in the LNG sector, which has tripled over the past 3 yr.
Industry Focus: The future of gas-to-power projects in Africa
-Shem Oirere
Natural gas is expected to play a central role in supporting Africa’s drive to achieve electricity connection for nearly 600 MM people without access to the grid, to reduce widespread reliance on coal for power generation, and to fast-track the continent’s slowed industrial expansion.
Regional Focus: Gazprom faces challenges for combined LNG/processing plant in Baltics
-Eugene Gerden
Russia’s largest natural gas producer, Gazprom, aims to build a giant project on the Russian Baltic seaport of Ust-Luga. The plans include the construction of a combined LNG and gas processing plant.


GasPro 2.0: A Webcast Symposium

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Following on the heels of the highly successful GasPro 2.0 Webcast Symposium in October 2018, the second GasPro Webcast Symposium 2.0 will take place on October 24, 2019.

The 2019 web event will gather experts in the fields of LNG, gas processing, and gas transport/distribution to share their operations expertise, engineering and design solutions, and technology advances and trends with our audience.

Attendees will learn about technology and operational solutions and deployments in a number of areas: plant design and expansion, construction, NGL production, optimization, sulfur removal, marine operations and separation technology.

October 24, 2019 08:30 AM CDT

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