Petroleum Marketing Survey Form Changes Proposed for 2019

(Tue, 19 Feb 2019) A Federal Register Notice (FRN) was published on February 19, 2019 regarding proposed changes to the Petroleum Marketing Program. The ten surveys collect price and volume information to determine supply of and demand for crude oil and refined petroleum products.

Historical inventory patterns suggest that working gas stocks will remain in the five-year range but below the five-year average for the remainder of the winter

(Fri, 15 Feb 2019) Working gas stocks totaled 1,882 billion cubic feet (Bcf) as of February 8, 2019, marking the fifth week in a row that working gas stocks are within the five-year (2014–18) range, after entering the 2018–19 heating season (October 31–March 31) at the lowest level since 2002.

EIA adds new play production data to shale gas and tight oil reports

(Fri, 15 Feb 2019) In December 2018, U.S. shale and tight plays produced about 65 billion cubic feet per day (Bcf/d) of natural gas (70% of total U.S. dry gas production) and about 7 million barrels per day (b/d) of crude oil (60% of total U.S. oil production). A decade ago, in December 2008, shale gas and tight oil made up 16% of total U.S. gas production and about 12% of U.S. total crude oil production.

Natural gas processing capacity in the Lower 48 states

(Thu, 14 Feb 2019) State-level estimates of natural gas processing plant capacity, throughput, utilization, and heat content are now available for 2017. Estimates show processing plant capacity and throughput each increasing by about 5% on a net basis for the Lower 48 states between 2014 and 2017.

Azerbaijan to become a more significant supplier of natural gas to Southern Europe

(Thu, 14 Feb 2019) Azerbaijan is an important supplier of crude oil and natural gas in the Caspian Sea region, particularly to European markets. Azerbaijan’s exports of natural gas are poised to become a more significant part of the country’s economy. Azerbaijan produced about 600 billion cubic feet (Bcf) of dry natural gas in 2017 and exported about 210 Bcf, according to EIA’s International Energy Statistics.

Power blocks in natural gas-fired combined-cycle plants are getting bigger

(Tue, 12 Feb 2019) Combined-cycle electric generating systems are combustion and steam turbines that operate in groups commonly referred to as power blocks. Since 2014, the average size of a natural gas-fired combined-cycle power block has increased significantly. The average combined-cycle power block installed between 2002 and 2014 was about 500 megawatts (MW). After 2014, power block capacity increased, reaching an average of 820 MW in 2017.

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