By Argus Media | February 27,2015 | www.argusmedia.com
Houston, 27 February (Argus) — US gross natural gas production rose to an all-time high in December of more than 83 Bcf/d (2.4bn m³/d) as producers brought new wells on line and restored production from shut-in wells in the Marcellus shale and in Texas.
Output from the 48 contiguous US states, which includes production that does not reach market, rose during the final month of 2014 to 83.03 Bcf/d, up by 1.42 Bcf/d from November 2014 and 15pc higher than a year earlier, the US Energy Information Administration (EIA) said today in its monthly natural gas gross production report.
The largest month-over-month increase occurred in the EIA's "Other States" category. That category includes output from the Marcellus shale, a mammoth gas-bearing formation in Pennsylvania and West Virginia and the top-producing gas field in the US. Production from other states increased in December to 34.26 Bcf/d, a 3pc increase from November and a year-over-year gain of 29pc.
Output from Texas, the biggest gas-producing state by volume, rose by 2pc from November to 24.6 Bcf/d in December. Texas output in December increased by 11pc from a year earlier as producers continued to tap oil-rich formations in the Eagle Ford shale and the Permian basin, where wells often produce large amounts of gas.
Production from the US Gulf of Mexico rose to 3.42 Bcf/d, up by 2.1pc from November.
Those production gains more than offset month-over-month declines from the gas-producing states of Louisiana, New Mexico, and Wyoming and Oklahoma, the EIA said.
Send comments to email@example.com
Request more information about Argus' energy and commodity news, data and analysis services.