I attended a talk on LNG recently. They sell it is Metric tonnes. Here is the US export capacity for the next 5 years.
2016 4 MTPA (million metric tonnes per Annum(year)) (195 BCF)
2017 10 MTPA (487 BCF)
2018 19 MTPA (925 BCF)
2019 42 MTPA (2045 BCF)
2020 91 MTPA (4432 BCF)
US working storage ranges from 800 BCF to 4000 BCF. In 5 years we will be exporting more than the max we currently store. I see Nat gas prices rising to more of a global price soon.
Month over month drop of 118,000 bbls/day
Last month was 93,000 bbls/day, the drop is starting to accelerate from the decline rates of all the shale wells.
Report comes out every month on the 2nd Tuesday.
Does anybody know if there is a similar report for GOM production?