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NGLs Week

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NGLs Week is PetroChem Wire's comprehensive summary of price trends, upstream and downstream costs, operations news and supply/demand forecasts. The report contains everything you'll need to understand what's happening in the NGL markets.

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US NGL production sets new record in May, up 1.4% from April

HOUSTON, August 1, 2018 (PCW) – Natural gas liquids rose 61,000 b/d, or 1.4%, in May to 4.321 million b/d, compared to the prior month, according to EIA data released Tuesday. This marks a new record, per the EIA data, besting the previous record of 4.26 million b/d in April. Propane, isobutane and natural gasoline also set fresh high-water marks during the month.

Ethane production was at 1.704 million b/d, down 15,000 b/d from April. Ethane production losses were seen in PADDs II and III. Propane supplies came in at 1.372 million b/d, up 22,000 b/d from April. The prior all-time high was seen in April at 1.35 million b/d.

Other NGLs’ production data is as follows:

. Butane: 341,000 b/d, up 6,000 b/d from April;

. Isobutane: 398,000 b/d, an increase of 15,000 b/d;

. Natural gasoline: 506,000 b/d, a 34,000 b/d increase.

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