trending Market Intelligence /marketintelligence/en/news-insights/trending/ce_74qDjGVSfPyO4I57tVw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Marcellus, Utica plays kept natural gas production rising in January

Blog

Message in a (Word)Cloud

Six trends shaping the industries and sectors we cover in 2021

Six trends shaping the industries and sectors we cover in 2021

Blog

Essential Energy Insights - January 2021


Marcellus, Utica plays kept natural gas production rising in January

Reversingthe prior-monthtrend, gross natural gas production in the U.S. nudged slightly higher inJanuary, supported by rising output from Pennsylvania, West Virginia andOklahoma, according to a monthly report from the U.S. Energy InformationAdministration. Meanwhile, total crude oil production continued to slip despiterising output from Texas.

Grossgas output edged 0.1%, or 0.11 Bcf/d, higher to 91.14 Bcf/d in January from 91.03Bcf/d in December 2015, as a month-on-month drop in most states was offset byhigher production in states covering the Marcellus and Utica formations, aswell as in Oklahoma, the EIA said in its latest "Monthly Crude Oil andNatural Gas Production" report released March 31.

TotalU.S. crude oil production declined 0.6% month on month from 9.24 millionbarrels per day in December 2015 to an estimated 9.18 MMbbl/d in January, theEIA said.

Productionof gas in January remained 2.0% above the same month in the previous year whileU.S. oil production was down 1.7% year on year.

Innatural gas production, Texas saw production drop 0.31 Bcf/d, or 1.3%, on themonth and Alaska saw production fall 1.7%, or 0.17 Bcf/d, while monthly lossesin other states were kept to less than 0.1 Bcf/d. However, rising production inthe Appalachian basin more than offset the output declines. Pennsylvaniaproduction increased 0.57 Bcf/d, or 4.1%, and West Virginia output climbed 0.29Bcf/d, or 8.4%. Oklahoma also posted a noteworthy production increase of 0.13Bcf/d, or 1.9%.

TotalU.S. crude oil production declined 0.6% month on month, from 9.24 MMbbl/d inDecember 2015 to an estimated 9.18 MMbbl/d in January, and was down 1.7% fromlevels recorded in January 2015.

Reversingthe previous month's trend, Texas production rebounded 25,000 bbl/d, or 0.7%,to 3.37 MMbbl/d and New Mexico oil production climbed 21,000 bbl/d, or 6.0%, toabout 382,000 bbl/d. However, losses elsewhere led total U.S. oil productionlower. North Dakota production shrank about 32,000 bbl/d, or 2.8%, on themonth, Wyoming production declined 11,000 bbl/d, or 4.5%, and federal offshoreGulf of Mexico production slumped approximately 18,000 bbl/d, or 1.1%, month onmonth to 1.61 MMbbl/d.