Natural Gas Monthly, December 1984
Technical Report
·
OSTI ID:6246565
Dry gas production (wet marketed production minus extraction loss) during December 1984 was estimated at 1,521 billion cubic feet (Bcf), 0.6% below December 1983 dry gas production. Consumption of natural gas during December 1984 was an estimated 1796 Bcf, 18% below the December 1983 level. Compared to the previous November, residential consumption in November 1984 was up 5.7%, commercial consumption up 5.3%, industrial consumption up 6.5%, and electric utility consumption up 14.5%. The volume of working gas in underground storage reservoirs at the end of December 1984 was 10.8% above the December 1983 level. The average wellhead price of natural gas in October 1984 was $2.60 per thousand cubic feet (Mcf). In October 1983, the average price was $2.58 per Mcf. In December 1984, the average residential price of natural gas was $6.09 per Mcf. The comparable price in December 1983 was $6.06 per Mcf. The average wellhead (first sale) price for natural gas purchases projected for January 1985 by selected interstate pipeline companies was $2.92 per Mcf. In January 1984, the average price was $2.73 per Mcf. The average price projected for Old Gas (NGPA Sections 104, 105, and 106) in January 1985 was $1.56 per Mcf; for New Gas (NGPA Sections 102, 103, 108, and 109), $3.77 per Mcf; and for High Cost Gas (NGPA Section 107), $5.21 per Mcf. In January 1984, the prices projected for Old Gas, New Gas, and High Cost Gas averaged $1.41, $3.59, and $5.64 per Mcf, respectively. A telephone survey of selected natural gas companies indicates 1.7 trillion cubic feet of surplus deliverability is available for offsystem sales between January and June 1985. 5 figures, 23 tables.
- Research Organization:
- USDOE Energy Information Administration, Washington, DC. Office of Oil and Gas
- OSTI ID:
- 6246565
- Report Number(s):
- DOE/EIA-0130(84/12); ON: DE85007421
- Country of Publication:
- United States
- Language:
- English
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