Figures

Buoyed by production gains in Louisiana, Texas and other states, Lower 48 natural gas output rose 1.1% in November — the latest month for which production figures are available — compared to October, the Energy Information Administration (EIA) reported.

Canadian exporters have all but arrested the decline in their pipeline deliveries to the United States, according to the latest figures on the international natural gas trade collected by the National Energy Board (NEB).

Canadian exporters have all but arrested the decline in their pipeline deliveries to the United States, according to the latest figures on the international natural gas trade collected by the National Energy Board (NEB).

January natural gas futures fell sharply as traders had to deal with a highly negative employment report. Labor Department figures showed the most jobs lost in 34 years, yet the Dow Jones Industrial Average closed in positive territory following the release of an upbeat forecast by a major insurer. January natural gas fell 27.5 cents to $5.742 and February lost 28.3 cents to $5.767. February crude oil continued its losing ways, dropping $2.86 to $40.81/bbl.

ConocoPhillips second quarter profit jumped 65% over the year-ago period, according to figures announced by the company Wednesday.

While the Energy Information Administration’s (EIA) natural gas storage report of a 66 Bcf injection for the week ended June 23 paled in comparison to historical figures, the number was larger than the expectations of many in the industry. After trading as high as $6.290 on Thursday morning, August natural gas — in its first regular session action as prompt month — dropped significantly lower following the report before settling at $6.135, down 2.5 cents for the day.

In the report on the ExxonMobil global energy forecast in Daily GPI’s, Dec. 14 edition, inaccurate figures were reported in the second paragraph: World natural gas use is projected to increase from about 290 Bcf/d today to nearly 440 Bcf/d by 2030.

Overall transportation deaths in the United States fell slightly in 2004, but fatalities caused by pipelines rose significantly, according to preliminary figures released Monday by the National Transportation Safety Board (NTSB).

Domestic natural gas well completions in the third quarter posted a year-to-year increase of 13%, according to figures released by the American Petroleum Institute (API).