Rights

A marginal increase in natural gas sales by BP plc and significant increases by Tenaska, Chevron and J.Aron & Co. were overshadowed by declines at ConocoPhillips, Shell Energy NA and Macquarie, resulting in a 5% (7.53 Bcf/d) overall decline in gas sales transactions in 1Q2013 compared with 1Q2012, according to NGI’s 1Q2013 Top North American Gas Marketers Ranking.

A marginal increase in natural gas sales by BP plc and significant increases by Tenaska Inc., Chevron Corp. and J.Aron & Co. were overshadowed by declines at ConocoPhillips, Shell Energy NA and Macquarie Energy, resulting in a 5% (7.53 Bcf/d) overall decline in gas sales transactions in 1Q2013 compared with 1Q2012, according to NGI’s 1Q2013 Top North American Gas Marketers Ranking.

Low natural gas prices didn’t deter U.S. operators from boosting upstream spending in 2012, according to data compiled by Ernst & Young.

The race to bring natural gas to Maine’s Kennebec Valley continues, with Summit Natural Gas of Maine announcing Tuesday that it has begun the build-out of its $350 million transmission and distribution system into the area.

The race to bring natural gas to Maine’s Kennebec Valley continues, with Summit Natural Gas of Maine announcing Tuesday that it has begun the build-out of its $350 million transmission and distribution system into the area.

Total combined natural gas purchase and sales volumes were 123,868 TBtu (Bcf) in 2012, a 0.7% decline compared with 124,752 TBtu in 2011, according to an analysis by Natural Gas Intelligence (NGI) of 2012 Form 552 buyer and seller filings with FERC.

U.S. natural gas production was 2.32 Tcf in February, down from 2.38 Tcf in February 2012, and both marketed production (1.95 Tcf, compared with 1.99 Tcf) and dry gas production (1.85 Tcf, compared with 1.89 Tcf) were down from the year-ago period, according to the Energy Information Administration’s (EIA) latest Monthly Energy Review (MER).

U.S. natural gas production was 2.32 Tcf in February, down from 2.38 Tcf in February 2012, and both marketed production (1.95 Tcf, compared with 1.99 Tcf) and dry gas production (1.85 Tcf, compared with 1.89 Tcf) were down from the year-ago period, according to the Energy Information Administration’s (EIA) latest Monthly Energy Review (MER).

The coming summer will be warmer than normal across most of the United States, but still “a reprieve from the big heat of the last three summers,” according to forecasters at Weather Services International (WSI).