Federal Energy Regulatory Commission Market Assessments

National
Federal Energy Regulatory Commission Market Assessments

National Natural Gas Market Overview: NOAA Map

NOAA 3 Month Outlook
Federal Energy Regulatory Commission Market Assessments

U.S. NG Supply and Demand YTD vs. 

National Natural Gas Market Overview: U.S. Supply and Consumption

Note: Balance includes all amounts not attributable to other categories.Source: Derived from Bentek Energy data 

0

102030405060708090

100

2018 2019

Average Daily Volume (Bcfd)

US Natural Gas Supply

LNG Imports

Canadian Imports

Net Dry Gas

Production

-8.9%

-13.5%

8.8%

Total Change in Supply 7.5%

0

102030405060708090

100

2018 

Average Daily Volume (Bcfd)

US Natural Gas Dem

Power 

Generation

Total Change in Demand

Industrial

Residential/ 

Commercial

Exports to Mexico

LNG Exports

Dec-18 Dec-
Federal Energy Regulatory Commission Market Assessments

National Natural Gas Market Overview: Canadian Imports

Regional Canadian Imports

Source: Derived from Bentek Energy data

‐2

02468

1012

Jan‐11

May‐11

Sep‐11

Jan‐12

May‐12

Sep‐12

Jan‐13

May‐13

Sep‐13

Jan‐14

May‐14

Sep‐14

Jan‐15

May‐15

Sep‐15

Jan‐16

May‐16

Sep‐16

Jan‐17

May‐17

Sep‐17

Jan‐18

May‐18

Sep18

Bcfd

Northwest Net ImportsMidwest Net ImportsNortheast Net Imports
Federal Energy Regulatory Commission Market Assessments

Total U.S. Natural Gas Demand All Sectors

National Natural Gas Market Overview: Total US Gas Demand

Source: Derived from Bentek Energy data, derived from interstate pipeline flow and modeled data. 

0

102030405060

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov D

Bcfd

2015-2019 Range2020
Federal Energy Regulatory Commission Market Assessments

U.S. Natural Gas Consumption for Power Generat

National Natural Gas Market Overview: NG Consumption for Power Generation

Source: Derived from Bentek Energy data 

05

1015202530354045

Bcfd

 2014 - 2018 Rang20192020
Federal Energy Regulatory Commission Market Assessments

National Natural Gas Market Overview: Natural Gas Storage Inventory

0

500

1,0001,5002,0002,5003,0003,5004,0004,500

A

pr Ma

y Jun Jul Au

g Se

p Oct Nov Dec Jan Feb Ma

Storage (Bcf)

5 Year Range 2019‐2020 2018‐2019

EIA Storage Inventories

Source: Derived from Bloomberg Data
Federal Energy Regulatory Commission Market Assessments

National Natural Gas Market Overview: Regional Natural Gas Storage Inventory

EIA Storage Inventories

Source: Derived from Bloomberg Data

0

100200300400500600700800900 1,000

EAST

0

500

1,0001,500

WEST

0

100200300

Apr May Jun Jul Aug Sep Oct Nov Dec Jan F

5 Year Range 2019‐2020 2018‐

PRODUCING

0

100200300400500

PACIFIC

0

500

1,0001,500

SOUTH CENTRAL
Federal Energy Regulatory Commission Market Assessments

Monthly U.S. Dry Gas Production – Lower 48 Stat

National Natural Gas Market Overview: Monthly U.S. Dry Gas Production

Note: Prior to July 2010, chart was derived from a combination of EIA and Bentek Energy data

Source: Derived from Bentek Energy data 

102030405060708090

100

Bcfd

Dry Production
Federal Energy Regulatory Commission Market Assessments

National Natural Gas Market Overview: Rig Count by Type

0

100200300400500600700800900

1,000

Jan‐18

Apr‐18

Jul‐18

Oct‐18

Jan‐19

Apr‐19

Jul‐19

Oct‐19

Baker Hughes Rig Count (Rigs)

Oil Rigs Gas Rigs

NG Rigs by Fuel Type

Source: Derived from Bloomberg data
Federal Energy Regulatory Commission Market Assessments

National Natural Gas Market Overview: Rig Count by Direction

NG Rig by Direction

Source: Derived from Bloomberg data

0

200400600800

1,0001,200

Baker Hughes Rigs By Drill Type Vertical Horizontal Direction
Federal Energy Regulatory Commission Market Assessments

Daily Gas Sendout from Existing U.S. LNG Facilit

National Natural Gas Market Overview: LNG Market-Daily Gas Sendout

Notes: Everett data includes flows onto the AGT and TGP interstate lines, plus estimates of flows to the Mystic 7 power plant, Keyspan Boston 

Gas, and LNG trucked out of the terminal. Excludes flows to the Freeport LNG which flows via intrastate pipelines and flows to the Mystic 8 and 9 power plants.Source: Derived from Bentek Energy data

0

500

1,0001,5002,0002,5003,0003,5004,0004,5005,000

Daily LNG Sendout (MMcfd)

Sabine PassLake CharlesGolden PassFreeportNortheast GatewayExcelerateCameronElba IslandCove PointEverett (Modeled)Neptune

0

1,0002,0003,000 Monthly Average
Federal Energy Regulatory Commission Market Assessments

Source: Waterborne Energy, Inc. Data in $US/MMBtu. Note: Includes information and Data supplied by IHS Global Inc. and its affiliates (“IHS”); Copyright (publication year) all rights 

reserved. Prices are the monthly average of the weekly landed prices for the listed month. Landed prices are based on a netback 

calculation.

World LNG Estimated Landed Prices: 

National Natural Gas Market Overview: World LNG Landed Prices

Cove Point

$4.50

India

$11.55

UK

$8.75

Spain

$9.05

Belgium

$8.84

Korea

$12.40

Lake Charles

$3.96 Altamira $4.60

Cove Point

$4.40

India

$11.55

UK

$8.75

Spain

$9.15

Belgium

$8.99

Korea

$13.10

Lake Charles

$3.93 Altamira $4.57

Cove Point

$4.50

India

$11.55

UK

$8.75

Spain

$9.05

Belgium

$8.84

Korea

$12.40

Lake Charles

$3.96 Altamira $4.60

Cove Point

India

UK

Spain

Belgium

Korea

Lake Charles

Altamira

Bahia Blanca

Canaport

Updat

De

$ 4.60

$ 5.05

$ 4.53

$ 6.83

$4.43

$ 5.22

$ 

$4.66

$2.21

$ 5.32
Federal Energy Regulatory Commission Market Assessments

Source: S&P Global Bentek. 

U.S. Exports of LNG

National Natural Gas Market Overview: LNG Exports

Updat

0.01.02.03.04.05.06.0

Jan‐16

Apr‐16

Jul‐16

Oct‐16

Jan‐17

Apr‐17

Jul‐17

Oct‐17

Jan‐18

Apr‐18

Jul‐18

Oct‐18

Jan‐19

Apr‐19

Jul19

Bcfd

Sabine Pass Cove Point Corpus Christi