Edit ModuleShow Tags

Winter Gas Supply Success Noted

U.S. shale output overcomes colder-than-normal weather


Published:

Producer associations said the U.S. gas industry performed reliably despite colder-than-normal temperatures and numerous record-setting demand days this winter.

The National Climatic Data Center has reported that energy demand was 27% higher than average. Seven Midwestern states experienced a top 10 cold winter. The Northeast, High Plains and the South were colder than normal with frequent spells of unusual cold and snow.

Bentek Energy said peak-day gas use in January was 20 Bcfd (566 x 106m3/d) more than normal and monthly consumption was nearly 3.2 Tcf (90.6 x 109m3), which was 500 Bcf (14.1 x 109m3) higher than the January average for the past 10 years.

Barry Russell, president of the Independent Petroleum Association of America, said, “The shale technology revolution has made record amounts of natural gas available to the domestic market. For the first time in 25 years, we are producing more than 94% of the nation’s natural gas from resources here at home. Even during one of the nation’s coldest winters, this abundance has created a dependable supply of fuel.”

Dena Wiggins, president of the Natural Gas Supply Association, said, “Although city-gate prices increased in the coldest regions, where pipeline capacity constraint is prevalent, wholesale price increases at Henry Hub were muted compared with pre-shale gas cold spells. And a glance at the forward price strip shows natural gas priced below $5 as far out as 2017.”

Edit ModuleShow Tags

Archive »Archive »

U.S. Gas Reserves Jumped 10% in 2013

Proved natural gas proved reserves in in the U.S. jumped 31 Tcf (878 x 109 m3) to a record 354 Tcf (10 x 1012 m3) last year, the Energy Information Administration (EIA) has reported.

Holt Cat Expands San Antonio Facility

Holt Cat has completed a US$11 million, 40,000 sq.ft. (3700 m2) heavy equipment service and rebuild facility at its San Antonio, Texas, complex.

GE Centrifugals Set for Canadian LNG Plant

Mexico Finishes First Los Ramones Pipeline

Mexican President Enrique Peña Nieto has inaugurated the first phase of the Los Ramones gas pipeline system in a ceremony at a compressor station near Los Ramones in Nuevo León state.

Shale Surpasses Conventional Gas

The U.S. Energy Information Administration (EIA) has reported that shale gas was the largest source of the record 82 Bcfd (2.3 x 109 m3/day) of U.S. natural gas withdrawals in 2013.