Gas Well Freeze Offs - Historical ReferenceEIA Link to US Dry Gas Production By Month
Note Typical for cold spells can cause a cumulative drop in production
of about 300bf to 500 bcf over the course of a month- see dips on graph.
https://www.eia.gov/dnav/ng/hist/n9070us2m.htm Also Note: US gas production is not growing anymore and new
LNG plants coming online will require an additional 5 BCF/day of
production per year for the next 2-3 years (i.e. US will have to up production to
over 115 bcf/day by 2027) just to supply the new LNG plants).
The current dip in production should start showing up in the EIA
weekly gas storge numbers going forward.
Continued cold over the next 2-3 weeks will should put inventoey
levels well below the 5 year average by month end. My guess is that
the
real real-time inventory (when taking into account freeze offs)
will be below the 5 year average sometime early next week.
BIrchliff gets Henry Hub and Dawn pricing for most of it's gas.
(less a US buck or so).
They produce about 130 BCF of gas per year.