SEARCH MENU
Caspian Energy Journal Caspian European Club
Thursday, 14 March 2019 17:00

U.S. gas production hits a new record high

U.S. gas production hits a new record high

U.S. natural gas production grew by 10.0 billion cubic feet per day (Bcf/d) in 2018, an 11% increase from 2017. The growth was the largest annual increase in production on record, reaching a record high for the second consecutive year, Caspian Energy News (www.caspianenergy.net) reports with reference to the U.S. Energy Information Administration.

U.S. natural gas production measured as gross withdrawals averaged 101.3 Bcf/d in 2018, the highest volume on record, according to EIA’s Monthly Crude Oil, Lease Condensate, and Natural Gas Production Report. U.S. natural gas production measured as marketed production and dry natural gas production also reached record highs at 89.6 Bcf/d and 83.4 Bcf/d, respectively.

U.S. natural gas gross withdrawals increased every month during 2018 except in June, ultimately reaching a record monthly high of 107.8 Bcf/d in December 2018. Marketed natural gas production and dry natural gas production also hit monthly record highs of 95.0 Bcf/d and 88.6 Bcf/d, respectively, in December 2018. Marketed production reflects gross withdrawals less natural gas used for repressuring wells, quantities vented or flared, and nonhydrocarbon gases removed in treating or processing operations. Dry natural gas is consumer-grade natural gas, or marketed production less extraction losses.

More details: https://www.eia.gov/todayinenergy/detail.php?id=38692

Person in charge of the newsline: Olga Nagiyeva 

 

Read 772 times
POWERED BY ZEYNURBABAYEV