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Industry metrics

In the US, Henry Hub natural gas spot prices hovered around $3/MMBtu in August, according to US EIA data. In the week ending September 6, dry natural gas production grew by 2% on the week, in spite of Hurricane Harvey reducing production in the Gulf of Mexico by an average of 409 MMcfd between August 30 and September 4, according to the Bureau of Safety and Environmental Enforcement. Meanwhile, US production of NGL, LPG, ethane/ethylene and propane/propylene rose in July and August, after across-the-board decreases in May and June. GP

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FEATURED COLUMNS

Editorial Comment
-Adrienne Blume
The US Energy Information Administration (EIA) reported in April that the US set records for natural gas production in 2017.
EWAnalysis
- Energy Web Atlas
Since market reforms first started in 1978, China has shifted from a centrally planned economy to a market-based economy, experiencing rapid economic and social development.
Industry Perspectives
-Eugene Gerden
Russia aims to ally with Qatar in LNG competition with Australia and other LNG-exporting majors over the coming years.


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Incorporating economic data into process modeling is key to optimizing operations and maximizing profits at gas processing plants. However, maintaining optimal operations are often challenging due to changing market dynamics, contract structures and increasing process flexibility. Today, gas processors are leveraging Predictive Control and First Principles models to accurately determine and control the optimal operating targets in real time based on the most current plant conditions and profitability, optimizing recovery of natural gas liquids. Learn how real-time analytics, combined with decision support tools, empower companies to:
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