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/