50.24$US/1 Barrel
58.30$US/1 Barrel
53.70$US/1 Barrel
70.77$US/1 Barrel
75.61$US/1 Barrel
75.71$US/1 Barrel
77.66$US/1 Barrel
68.98$US/1 Barrel
68.83$US/1 Barrel
67.03$US/1 Barrel
51.81$US/1 Barrel
57.57$US/1 Barrel
55.28$US/1 Barrel
62.57$US/1 Barrel
64.72$US/1 Barrel
60.50$US/1 Barrel
62.00$US/1 Barrel
54.25$US/1 Barrel
59.25$US/1 Barrel
60.75$US/1 Barrel
485.00$US/MT
378.00$US/MT
705.00$US/MT
585.00$US/MT
508.00$US/MT
467.00$US/MT
368.00$US/MT
395.25$US/MT
678.00$US/MT
832.75$US/MT
SEATTLE (Oil Monster): The U.S. Energy Information Administration (EIA) has published its latest report on natural gas production by various regions actross the country. Across the country, the Appalachia region continued to dominate production.
According to the report, the Appalachia region in the Northeast accounted for approximately 29% of the total U.S. natural gas production. However, the region reported slowdown in production growth at a time when the country’s natural gas production recorded surge by 4%. This was mainly on account of no new pipeline takeaway capacity. Incidentally, no new pipelines came online during the previous year.
In 2021, gross natural gas withdrawals by the Appalachia region recorded a growth of 1.4 billion cubic feet per day (Bcf/d). The growth slowed to just 0.1 Bcf/d in 2022.
The EIA report states that the Permian Region in western Texas and New Mexico accounted for 18 percent of U.S. production. The gross natural gas withdrawals rose by 2.6 Bcf/d to 21 Bcf/d during the year. The Haynesville region in Louisiana and Texas recorded a growth of 2.0 Bcf/d to 15.3 Bcf/d. The Appalachia, Permian and Haynesville regions together supplied nearly 60% of all U.S. natural gas.
Meantime, the gross natural gas withdrawals in the Eagle Ford region in Texas rose by 18%, rising for the first time since 2019.
Forozan Blend | 75.61 | |
Iran Heavy | 75.71 | |
Iran Light | 77.66 | |
Forozan Blend | 68.98 | |
Iran Heavy | 68.83 |