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Industry Metrics

Adrienne Blume, Editor

In the US, Henry Hub natural gas spot prices stabilized in April and early May to levels last seen in the summer of 2016, after vacillating in 4Q 2016 and 1Q 2017. As of early May, gas prices were hovering around $3/MMBtu, according to US EIA data. Maintenance on the US–Canada Vector Pipeline is keeping more domestic gas in the US from May 1 until the end of work. Meanwhile, US production of NGL, LPG, ethane/ethylene and propane/propylene rose in February after across-the-board dips in December 2016 and January 2017. GP

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

Metrics Fig 01

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

Metrics Fig 02

US natural gas plant field production of NGL, LPG, ethane/ethylene andpropane/propylene, Mbpd

Metrics Fig 03

Copyright © 2018. All market data is provided by Barchart Solutions. Futures: at least a 10 minute delay. 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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In the business of hydrocarbon production, accurate accounting of produced fluids and gases is critical from a process control, management and fiscal perspective.
Editorial Comment
-Adrienne Blume
The US East Coast will send out its first LNG exports in early 2018 as Dominion Energy’s Cove Point LNG export facility in Lusby, Maryland becomes operational.


The New LNG Imperative

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The shale gas boom established the US as the world’s leading natural gas producer and is responsible for billions of dollars of investments in the US gas processing industry. Since 2012, the US has witnessed unprecedented growth in new gas processing capacity and infrastructure. This rise is due to greater production of domestic shale gas, which is providing cheap, available feedstock to fuel the domestic gas processing, LNG and petrochemical industries. New gas processing projects include the construction of billions of cubic feet per day of new cryogenic and gas processing capacity, NGL fractionators, multi-billion-dollar pipeline infrastructure projects, and the development of millions of tons per year of new LNG export terminal construction. Attend this webcast to hear from Lee Nichols, Editor/Associate Publisher, Hydrocarbon Processing, Scott Allgood, Director-Data Services, Energy Web Atlas and Peregrine Bush, Senior Cartographic Editor, Petroleum Economist as they discuss the future of LNG and the application of Energy Web Atlas, a web-based GIS platform which allows users to track real-time information for every LNG project.

November 29, 2017 10am CST

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