U.S. Natural Gas Production in November Rose 0.4% from October: Platts Bentek Energy

flaring-natural-gas-wellHellenic Shipping News

Natural gas production in the lower 48 United States increased by 0.2 billion cubic feet per day (Bcf/d) during the month of November versus October, according to Platts oil and gas analytics unit Bentek Energy. Production averaged 70.3 Bcf/d in November, the highest monthly average on record, and up 0.4% from October’s average. On November 28th, production set another one-day record high of 71.2 Bcf/d.

Average November 2014 production was 6.0% or 4.0 Bcf/d higher than the levels seen in November 2013.

The U.S. Energy Information Administration (EIA) will publish its domestic production estimates for November on or around January 30, 2015.

“While production soared past the 70-Bcf/d mark for the first ten days of November, cold weather and maintenance activities hindered growth during the middle of the month,” said Catherine Bernardo, manager of energy analysis for Bentek. “This recent growth is driven by the Northeast region where production increased 0.6 Bcf/d from October to a new record high of 18.0 Bcf/d, despite the slow filling of a number of pipeline expansions that came online earlier in the month.”

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