Gas Marketing Flat in 1Q2009; Signs of Upturn Elusive

Some companies saw substantial growth and others saw their numbers fall, but the total volume of natural gas sold in North America in 1Q2009 remained basically flat, falling less than 0.5 Bcf/d from the same period last year, according to NGI's 1Q2009 Top North American Gas Marketers Ranking. read more

Top North American Gas Marketers (Bcf/d)

Company

1Q2009

1Q2008

Change

BP*

31.80

27.10

17%

Shell Energy NA*

14.70

15.40

-5%

ConocoPhillips*

14.40

13.50

7%

Chevron*

7.17

8.54

-16%

RBS Sempra*

6.91

7.10

-3%

Louis Dreyfus*

6.22

8.43

-26%

Tenaska*

5.60

6.40

-13%

Nexen

5.10

6.60

-23%

EnCana**

3.87

3.73

4%

ONEOK

3.29

3.40

-3%

Sequent

3.10

2.70

15%

Devon**

2.72

2.44

11%

Anadarko

2.32

2.14

8%

Enserco

2.25

1.79

26%

XTO**

2.23

1.71

30%

Chesapeake**

2.17

2.06

5%

Merrill Lynch

1.97

2.50

-21%

ExxonMobil**

1.88

1.95

-4%

CenterPoint Energy

1.57

1.52

3%

Canadian Natural

1.37

1.54

-11%

Atmos

1.05

1.20

-12%

Apache**

0.97

1.10

-12%

El Paso

0.84

1.08

-22%

Total

123.50

123.93

0%

Source: Quarterly financial reports with the Securities and Exchange Commission, or if necessary, statements signed by company officials and provided to NGI.

*Companies providing data directly to NGI include BP plc, Chevron, ConocoPhillips, Louis Dreyfus Energy Services, RBS Sempra, Shell Energy North America and Tenaska. **The gas volume figures for Apache, Chesapeake, Devon, EnCana, ExxonMobil and XTO represent the amount of North American gas produced in the quarter. Those companies may be marketing more third-party gas for sale.