Natgas output in Jan climbs in lower 48 US states

Mon Mar 29, 2010 9:49pm BST
NEW YORK, March 29 (Reuters) - Gross natural gas production in January in the lower 48 U.S. states rose 0.9 percent from December, according to data released Monday by the U.S. Energy Information Administration.

In its monthly Natural Gas Gross Production Report, EIA said lower 48 "wet" gas output climbed to 63.43 billion cubic feet per day in January, up 0.59 bcf per day from upwardly revised December output of 62.84 bcf daily.

December gas output was slowed slightly by frigid weather that froze well heads, traders said.

The largest percentage increase in output was in Louisiana, where production grew by 3.3 percent to 5.29 bcf per day, the thirteenth straight weekly gain there due to strong Haynesville shale output.

Lower 48 gross production was up 0.38 bcf per day, or 0.6 percent, from January 2009, when output was still curtailed by the impact from two hurricanes the prior year.

For the United States including Alaska, gross gas production in January rose 1.2 percent to 72.82 bcf per day versus upwardly revised production of 71.96 bcf daily in December.

Gross withdrawals are converted to marketed natural gas production by subtracting gas used for repressuring, quantities vented and flared, and nonhydrocarbon gases removed in treating or processing operations.

For the complete report click on: here

EIA said it will introduce new methodology in its next monthly gross natural gas production report for February due on April 29. At that time, EIA said it will also revise January 2010 estimates, and in some cases the revisions will be significant. (Reporting by Joe Silha; Editing by Walter Bagley)

Source: http://uk.reuters.com/article/idUKN299768520100329

Comments