EIA releases latest Natural Gas Monthly

The US Energy Information Administration (EIA) July Natural Gas Monthly, with data through May 2016, has been released.

In May 2016, for the second consecutive month, dry natural gas production decreased year-to-year for the same month in 2015. Preliminary dry natural gas production for May 2016 was 2262 billion ft³, or 73.0 billion ft³/d. This level was a 0.6 billion ft³/d (0.9%) decrease from the May 2015 level of 73.6 billion ft³/d.

Preliminary dry natural gas consumption for May 2016 was 1992 billion ft³, or 64.3 billion ft³/d. This level was an increase of 6.2%, or 3.8 billion ft³/d, from the 1875 billion ft³ consumed in May 2015.

Year-over-year total consumption of dry natural gas in May increased in all four consuming sectors. Deliveries of natural gas by consuming sector in May 2016 were as follows:

• Residential deliveries were 197 billion ft³, or 6.4 billion ft³/d, up 9.4% from 5.8 billion ft³/d in May 2015.
• Commercial deliveries were 171 billion ft³, or 5.5 billion ft³/d, up 5.5% from 5.2 billion ft³/d in May 2015.
• Industrial deliveries were 617 billion ft³, or 19.9 billion ft³/d, up 2.8% from 19.4 billion ft³/d in May 2015. Industrial deliveries were the highest for the month since EIA began using the current sectoral definitions introduced in 2001.
• Electric power deliveries were 807 billion ft³, or 26.0 billion ft³/d, up 9.2% from 23.8 billion ft³/d in May 2015. Electric power deliveries were the second highest for the month since EIA began tracking them in 2001.

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/01082016/eia-releases-latest-natural-gas-monthly-3824/