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BREAKING NEWS:

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The April Natural Gas Monthly, with data through February 2018, has been released.


These translations are done via Google Translate

 

Natural Gas Monthly

The April Natural Gas Monthly, with data through February 2018, has been released.

  • In February 2018, for the ninth consecutive month, dry natural gas production increased year-to-year from the same month a year ago. The preliminary level for dry natural gas production in February 2018 was 2,203 billion cubic feet (Bcf), or 78.7 Bcf/day. This level was 7.1 Bcf/day (10.0%) higher than the February 2017 level of 71.5 Bcf/day. The average daily rate of dry natural gas production for February was the highest for the month since EIA began tracking monthly dry production in 1973.
  • The estimated natural gas consumption level in February 2018 was 2,670 Bcf, or 95.4 Bcf/day. This level was 14.7% (12.2 Bcf/day) higher than the 2,328 Bcf consumed in February 2017. Natural gas consumption for February was the highest level for the month since 2015.
  • Year-over-year total consumption of dry natural gas in February 2018 increased in each of the four consuming sectors. Deliveries of natural gas by consuming sector in February 2018 were as follows:

o   Residential deliveries in February 2018 were 687 Bcf, or 24.5 Bcf/day, up 18.2% from 20.8 Bcf/day in February 2017.

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o   Commercial deliveries in February 2018 were 420 Bcf, or 15.0 Bcf/day, up 16.3% from 12.9 Bcf/day in February 2017.

o   Industrial deliveries were 690 Bcf, or 24.6 Bcf/day, up 7.0% from 23.0 Bcf/day in February 2017. Industrial deliveries were the highest for the month since EIA began using the current definitions for consuming sectors in 2001.

o   Electric power deliveries were 670 Bcf, or 23.9 Bcf/day, up 19.9% from 20.0 Bcf/day in February 2017. Electric power deliveries were the second highest for February since 2001, when EIA began using the current definitions for consuming sectors.

  • Natural gas net imports (imports minus exports) were  minus 36.0 Bcf, or minus 1.3 Bcf/day, in February 2018, meaning that the United States was a net exporter.  Total imports were 8.6 Bcf/day, a decrease of 5.5% from the 9.1 Bcf/day in February 2017. Total exports were 9.9 Bcf/day, an increase of 8.2% from the 9.1 Bcf/day in February 2017. The increase in exports continues to be driven by liquefied natural gas (LNG). LNG exports in February 2018 were 42.3% higher than in February 2017. In February 2018, the United States exported 2.6 Bcf/day of LNG to 11 different countries..

Monthly Crude Oil and Natural Gas Production
These monthly production estimates are based on data from the EIA-914, Monthly Crude Oil, Lease Condensate, and Natural Gas Production Report.

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