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U.S. Industry Metrics

Natural gas production climbed in the U.S. last year, despite decreasing rig counts, reaching a record high of 96.3 Bft3d of dry natural gas production in November 2019. Since that time, however, dry natural gas production has declined amid relatively low natural gas prices. Similarly, associated natural gas production has fallen in line with the lower price of oil. The U.S. Energy Information Administration (EIA) expects dry natural gas production to continue falling through next year, from 94.5 Bft3d in January 2020 to 85.9 Bft3d in March 2021, due to reduced demand amid the novel coronavirus pandemic. The EIA forecasts increasing production from 2Q 2021. GP

 

Metrics Fig 02

U.S. natural gas spot prices at Henry Hub and NGL spot prices at Mont Belvieu, $/MMBtu

 

Metrics Fig 01

U.S. gas production (Bft3d) and prices ($/Mcf) 

 

Metrics Fig 03

U.S. natural gas plant field production of NGL, LPG, ethane and propane, Mbpd


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FEATURED COLUMNS

Editorial Comment: China eyes continued expansion of smaller-scale LNG
-Adrienne Blume
Smaller-scale liquefaction in China, the world’s second-largest LNG importer, has experienced growth in recent years as China’s government integrates more gas into the country’s energy matrix.
Executive Q&A Viewpoint: SeaOne expands South American energy options with Compressed Gas Liquid technology
-Bruce Hall
SeaOne is a midstream infrastructure and logistics company that leverages its patented Compressed Gas Liquid (CGL™) technology to lower energy costs in various markets, generating new opportunities for economic growth and environmental stewardship.


The quest for plant availability: Achieving improved compressor reliability and efficiency in downstream operations

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Plants in the downstream industry require a great degree of operational availability, equipment reliability and efficiency: These factors are crucial for end users, as thousands of complex and intricate processes are operating in parallel – many of them are driven and safeguarded by compression technologies.

Uniformly, reliability is a universal maxim, and this holds particularly true for handling and compressing challenging gases processed in such plants. In fact, there is a direct, vital link between the reliability of compressor equipment designed for and used in these processes and the availability of the plant.

With a focus on different chemical/petrochemical, syngas and LNG applications our speaker Ulrich Schmitz will introduce to the listeners how centrifugal compression technologies such as integrally geared can be designed and employed reliably to perform the key process challenges of the industry, while also contributing to an efficient operation.

September 24, 2020 10:00 AM CDT

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