Bloomberg News

Lower-48 Natural Gas Output Rose 0.6% in November, EIA Says

January 31, 2013

Natural gas production in the lower- 48 states rose to a record in November as more of the fuel was pumped from shale wells in the Northeast.

Output increased 0.6 percent to 73.88 billion cubic feet a day from a revised 73.47 billion in October, the Energy Department’s Energy Information Administration said in the monthly EIA-914 report, released today in Washington.

Supplies from the “other states” category rose 1.4 percent to 24.29 billion cubic feet a day from a revised 23.96 billion in October. Production advanced as “some operators reported new wells coming online in the Marcellus shale play,” the EIA said in the report.

Total U.S. output, including Alaska, climbed 0.8 percent to 83.54 billion cubic feet a day from a revised 82.86 billion in October. Gulf of Mexico production gained 3.5 percent to 4.16 billion cubic feet a day as shut-in wells returned to service.

Oklahoma output advanced 1.2 percent to 5.75 billion a day while production in Wyoming gained 3.1 percent to 5.95 billion.

Supplies from Texas, the biggest producing state, dropped 0.2 percent to 22.22 billion cubic feet a day from a revised 22.27 billion.

Louisiana’s production fell 2.6 percent to 7.87 billion cubic feet a day from a revised 8.08 billion, while output in New Mexico slid 1.4 percent to 3.64 billion.

Natural gas futures for March delivery fell 0.1 cent to $3.334 per million British thermal units at 12:54 p.m. on the New York Mercantile Exchange, up 33 percent from a year ago. Trading was 53 percent higher than the 100-day average for the time of day.

The EIA-914 report covers gas gross withdrawals, which include gas used for repressuring, quantities vented and flared, and non-hydrocarbon gas removed in treating or processing operations.

To contact the reporter on this story: Christine Buurma in New York at cbuurma1@bloomberg.net;

To contact the editor responsible for this story: Dan Stets at dstets@bloomberg.net.


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