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Dry Natural Gas Production Hit Daily Record in September, EIA Says

Dry natural gas production in September hit a record for the seventh consecutive month in terms of Bcf/d, and total consumption also marked a new high for the month, according to preliminary figures released Friday by the U.S. Energy Information Administration (EIA).

According to the EIA's latest Natural Gas Monthly report, preliminary natural gas production for September was 2.15 Tcf, or 71.8 Bcf/d. The daily production figure is a slight bump from August's revised figure of 71.5 Bcf/d, and is 6.8% higher than the 67.2 Bcf/d produced in September 2013.

Gross withdrawals for September were estimated at 2.68 Tcf, nearly unchanged from the revised figure for August but a 9.1% increase from the previous September when gross withdrawals totaled 2.45 Tcf. Meanwhile, marketed production was estimated at 2.29 Tcf in September, down 2.8% from the revised figure for August (2.35 Tcf) but 7.5% higher than September 2013 (2.13 Tcf).

Despite achieving a record in terms of Bcf/d for the seventh consecutive month, the estimates for September appear to signal that a three-month streak of growing gross withdrawals, marketed production, natural gas liquids (NGL) production and dry gas production has ended.

The EIA said preliminary natural gas consumption for September totaled 1.83 Tcf, or 61.1 Bcf/d. The daily figure is the highest on record for September. By comparison, the latest consumption figure was 3.9% above September 2013 (1.77 Tcf, or 58.9 Bcf/d) and 1.5% above September 2012 (1.80 Tcf).

Deliveries to residential customers totaled 122.21 Bcf (4.1 Bcf/d) in September, the EIA said, which was a 3.2% increase from September 2013 (118.39 Bcf). Meanwhile, deliveries to commercial customers totaled 147.1 Bcf (4.9 Bcf/d) in September, up 4% from September 2013 (141.4 Bcf). Deliveries to industrial customers and electric power consumers both increased 3% during the same time frame -- the former from 574.2 Bcf to 592.0 Bcf (19.7 Bcf/d), and the latter from 749.4 Bcf to 768.9 Bcf.

The EIA said total U.S. natural gas imports were 201.6 Bcf in September, the vast bulk of which (195.9 Bcf) were through pipeline imports from Canada and Mexico. Trinidad and Tobago (2.87 Bcf) and Yemen (also 2.87 Bcf) accounted for the rest. Total imports were down 17.3% from September 2013 (243.9 Bcf). Net U.S. natural gas imports for September totaled 81.9 Bcf, down 32.5% from September 2013 (121.4 Bcf). Total U.S. natural gas exports were 119.7 Bcf in September, down 2.2% from September 2013 (122.4 Bcf).

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