NGI The Weekly Gas Market Report / NGI All News Access

EIA Reports 2% Hike in Lower 48 Gas Output in October

After falling by more than 2% in September, Lower 48 natural gas production rose by nearly 2% in October as drilling in the Haynesville Shale region continued at a strong clip and activity in Wyoming picked up its pace, according to a report released by the Energy Information Administration (EIA) last Tuesday.

Lower 48 gross withdrawals in October climbed to 62.94 Bcf/d from 61.81 Bcf/d in September, and accounted for the bulk of U.S. natural gas output of 71.92 Bcf/d in October, which includes production from Alaska and the federal Gulf of Mexico (GOM).

All major production areas except Texas reported increases in October, according to the EIA. "Louisiana was up again [5% to 4.94 Bcf/d] because of drilling in the Haynesville Shale. Wyoming production returned to June levels [up 8% to 7.12 Bcf/d] as wells shut in due to unfavorable market conditions were brought back on line and plant maintenance was completed," the agency said.

Other Lower 48 states posting production increases in October were Oklahoma, up 0.2% to 5.01 Bcf/d; and New Mexico, up 2.8% to 4.02 Bcf/d. Texas production dipped 0.09% to 20.20 Bcf/d in October.

The EIA estimated that production from "other states" rose 3.1% to 14.71 Bcf/d in October. GOM output was pegged at 6.94 Bcf/d, up 0.1% from September, while Alaska production was calculated at 8.98 Bcf/d, up 4.1%.

©Copyright 2010 Intelligence Press Inc. All rights reserved. The preceding news report may not be republished or redistributed, in whole or in part, in any form, without prior written consent of Intelligence Press, Inc.

ISSN © 2577-9877 | ISSN © 1532-1266
Comments powered by Disqus