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US Industry Metrics

A. Blume, Editor

Strong natural gas production, along with rapidly rising demand, resulted in record-high NGL production of 4.7 MMbpd in February 2019. Growth in NGL production, was led by ethane, which also set a new production record of nearly 130,000 bpd higher than in January 2019. The US Energy Information Administration estimates that domestic demand for ethane expanded by 360,000 bpd in the past 2 yr as a result of new ethylene crackers and expansions of existing facilities. Since 2017, four new ethylene plants have entered service. Four new crackers and one major cracker expansion are expected to come online in 2019, representing 260,000 bpd of additional ethane demand. Furthermore, ethane exports are expected to increase. GP

GP0619 Metrics Fig 01

US gas production (Bft3d) and prices ($/Mcf)

 

GP0619 Metrics Fig 02

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

 

GP0619 Metrics Fig 03

US natural gas plant field production of NGL, LPG, ethane and propane, Mbpd 


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FEATURED COLUMNS

Editorial Comment
-Adrienne Blume
On the changing landscape of global natural gas trade, the US has magnified its export power by remaining a net exporter for 13 months as of February 2019.
EWAnalysis: US LNG producers eye major growth
- Energy Web Atlas
The US LNG market has experienced rapid growth over the past decade due to the availability of inexpensive feedstock and increased worldwide demand.
Regional Focus: Nigeria moves to expand its liquefaction capacity
-Shem Oirere
The award in July 2018 of long-awaited contracts for the front-end engineering design (FEED) of Nigeria’s Train 7 gas plant expansion project to two consortia is the country’s latest attempt to address the enormous challenges of gas flaring and gas shortages for power plants and domestic consumption.


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