U.S. Natural Gas Production Sets New Record

Shailaja A. Lakshmi
Thursday, March 14, 2019

According to the U.S. Energy Information Agency (EIA), US natural gas production registered an increase by 10.0 billion cubic feet per day in 2018, noting an 11% rise in comparison to 2017.

The development reported was the largest annual increase in production on record, establishing a record high for a second year in a row, it said in a press release.

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.

As natural gas production increased, the volume of natural gas exports—both through pipelines and as liquefied natural gas (LNG)—increased for the fourth consecutive year, reaching 9.9 Bcf/d.

Total natural gas exports grew 14% in 2018, and LNG exports grew by 53% to 3.0 Bcf/d. Both pipeline and LNG exports reached record monthly highs in December 2018 of 7.7 Bcf/d and 4.0 Bcf/d, respectively. The United States continued to export more natural gas than it imported in 2018, after being a net exporter in 2017 for the first time in nearly 60 years.

Categories: Production Gas Natural Gas

Related Stories

Solstad Maritime Secures APAC Drilling Support Work for AHTS Pair

Arabian Drilling Inks $533M Deal for Four Jack-Up Drilling Rigs

Qatar-Linked LNG Tankers Resume Hormuz Transits

Finder Energy Clears Environmental Hurdle for Timor-Leste Oil Project

Southeast Asia Plans 100 GW-Plus Gas Power Expansion Despite LNG Risks

Saudi Aramco Plans Standalone Gas Division in Major Reorganization

Petronas, PTTEP Get Approvals for New Gas Block Sharing Contract

Saipem Bags Commissioning Contract for Türkiye-Bound FPU

Borr Drilling's Mexican JV Expands Fleet with Five Jack-Ups

Noble Gets $136M Brunei Drillship Job

Current News

Solstad Maritime Secures APAC Drilling Support Work for AHTS Pair

KKB Unit to Deliver Offshore Structures for Shell’s Malaysian Fields

Kazakhstan Resumes Action to Collect $5.2B Kashagan Field Fine

SBM Offshore Taps Chinese Contractor for FPSO Topside Modules

Arabian Drilling Inks $533M Deal for Four Jack-Up Drilling Rigs

Qatar-Linked LNG Tankers Resume Hormuz Transits

Finder Energy Clears Environmental Hurdle for Timor-Leste Oil Project

TotalEnergies, SOCAR, XRG Greenlight Absheron Field Expansion in Caspian Sea

SLB Secures Aramco Well Construction Work for 450 Wells

Inpex Takes Additional Stake in Ichthys LNG

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com