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NGLs Week

NGLs Week Newsletter  

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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June NGL production sets record, up 0.1% from May: EIA data

HOUSTON, August 31, 2018 (PCW) – Natural gas liquids rose 5,000 b/d, or 0.1%, in June to 4.326 million b/d, compared to the prior month, according to EIA data released Friday. This marks a new record, per the EIA data, besting the previous record of 4.321 million b/d in May. Propane, isobutane and natural gasoline set new records marks during the month as well.

Ethane production was at 1.671 million b/d, down 33,000 b/d from May. Propane supplies came in at 1.382 million b/d, up 10,000 b/d from May. The prior all-time high was seen in May at 1.372 million b/d.

Other NGLs’ production data is as follows:

Butane: 339,000 b/d, down 2,000 b/d from May;

Isobutane: 410,000 b/d, an increase of 12,000 b/d;

Natural gasoline: 523,000 b/d, a 17,000 b/d increase.

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