The February Natural Gas Monthly, with data through December 2015, has been released.
In December, dry natural gas production was the highest for the month since EIA began reporting dry natural gas production data in 1973. Preliminary dry natural gas production for December 2015 was 2289 billion ft3, or 73.8 billion ft3/d. This level was a 0.4 billion ft3/d (0.6%) increase from December 2014 production of 73.4 billion ft3/d.
Preliminary dry natural gas consumption for December 2015 was 2598 billion ft3, or 83.8 billion ft3/d. This was a decrease of 3.3% from 2688 billion ft3 in December 2014, or 2.9 billion ft3/d.
Year over year total consumption of dry natural gas in December decreased in three of the four consuming sectors, with the exception being electric power deliveries, which increased significantly year to year. Deliveries of natural gas by consuming sector in December 2015 were as follows:
- Residential deliveries were 589 billion ft3, or 19.0 billion ft3/d, down 17.9% from 23.1 billion ft3/d in December 2014.
- Commercial deliveries were 351 billion ft3, or 11.3 billion ft3/d, down 17.8% from 13.8 billion ft3/d in December 2014.
- Industrial deliveries were 669 billion ft3, or 21.6 billion ft3/d, down 2.8% from 22.2 billion ft3/d in December 2014.
- Electric power deliveries were 771 billion ft3, or 24.9 billion ft3/d, up 21.2% from 20.5 billion ft3/d in December 2014.?
Preliminary annual dry natural gas production for 2015 was 27 091 billion ft3, or 74.2 billion ft3/d, the highest annual total on record dating back to 1930. Preliminary annual total consumption for 2015 was 27 473 billion ft3, or 75.3 billion ft3/d, also the highest total on record dating back to 1949.
These monthly production estimates are based on data from the EIA-914, Monthly Crude Oil, Lease Condensate, and Natural Gas Production Report.
Adapted from press release by Rosalie Starling
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/01032016/eia-february-natural-gas-monthly-2619/