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Industry metrics

A. Blume, Editor

In the US, Henry Hub natural gas spot prices took a nosedive in October and November 2016, but then climbed above $3.50/MMBtu through the first three weeks of December as gas consumption skyrocketed 21% on the year in response to colder-than-normal weather. In late December, prices slid again as temperatures increased. Meanwhile, production of ethane/ethylene saw a marked leap of more than 5 MMbbl between September and October as US petrochemical exports continued to expand. GP

GP0217 Metrics Fig 01

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

 

GP0217 Metrics Fig 02

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

 

GP0217 Metrics Fig 03

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


Copyright © 2016. All market data is provided by Barchart Market Data Solutions. Futures: at least 10 minute delayed. 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
Large-scale production of shale gas in the US, which began around the turn of the century, is now feeding US exports in the form of LNG.
Regional focus
-Eugene Gerden
Annual demand for natural gas in the EU is pegged at approximately 380 Bm3y–450 Bm3y. A portion of this demand is met by regional production within the EU. However, the European energy system is beset by challenges that are impacting EU gas supply.


ADIP ULTRA: ADIP-X Reimagined

View on Demand

Shell Global Solutions International BV (Shell) is launching the improved process technology ADIP ULTRA, for cost-effective removal of CO2 down to <50ppmv. The ADIP ULTRA process is applicable in gas plants, LNG, pre-NGL, refinery HMUs and gasification syngas.
Why attend?
•Discover how looking back at decades of ADIP and ADIP-X operational experience has led to the cost effective ADIP ULTRA process
•Understand how Shell’s new absorption column internals can further enhance process performance
•Learn how Shell is a reliable partner of choice who helps you get the most out of your unit
•An opportunity to ask questions to Shell’s technical experts

May 9, 2017 9am UTC

View on Demand

 

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