Natural gas monthly
Technical Report
·
OSTI ID:5323750
Wet marketed production of natural gas during October 1983 was estimated at 1440 billion cubic feet (Bcf), 1.4% below the October 1982 level. Dry gas production was estimated at 1381 Bcf, 1.4% below October 1982 level. Consumption during October 1983 was an estimated 1289 Bcf, decrease 1.7% compared to October 1982. Residential consumption was down 8.8%, commercial consumption down 1.9%, and industrial consumption down 1.5%. Electric utility consumption was 2.0% above September 1982 consumption. The volume of working gas in underground storage reservoirs at the end of October 1983 was 2.8% below the October 1982 level. The average wellhead price of natural gas in August 1983 was $2.59 per thousand cubic feet (Mcf). In August 1982 the average was $2.53 per Mcf. In October 1983, the city average residential price for 100 therms of natural gas was $64.06 compared to $59.58 in October 1982. The average wellhead first sale price for natural gas purchases projected for November 1983 was $2.78 Mcf. In November 1982 the average price was $2.68 per Mcf. The average price projected for Old Gas in November 1983 was $1.43 per Mcf, for New Gas, $3.49 per MCF, and for High Cost Gas $5.55 per MCF. In November 1982 the prices projected for Old Gas, New Gas, and High Cost Gas averaged $1.38, $3.30, and $7.20 per Mcf, respectively. A selected group of natural gas companies estimated that 2.0 trillion cubic feet of surplus deliverability was available for offsystem sales during the six-month period October 1983 through March 1984.
- Research Organization:
- USDOE Energy Information Administration, Washington, DC. Office of Oil and Gas
- OSTI ID:
- 5323750
- Report Number(s):
- DOE/EIA-0130(83/12(1)); ON: DE84004749
- Country of Publication:
- United States
- Language:
- English
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