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Posted September 23, 2016Today in Energy
Hydrocarbon production in the Utica play increasingly targets natural gas-rich areas ›
Production of oil and natural gas in the Appalachian Basin's Utica play—which includes both the Utica and Point Pleasant formations—has increased significantly since 2012. Monthly natural gas production from Utica wells increased from 0.1 billion cubic feet per day (Bcf/d) in December 2012 to more than 3.5 Bcf/d in June 2016. Oil production increased from 4,400 barrels per day (b/d) to nearly 76,000 b/d over the same period. More›
Source: U.S. Energy Information Administration and DrillingInfo Inc., June 2016
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EIA Administrator Adam Sieminski presents select Annual Energy Outlook 2016 cases ›
June 28, 2016
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June 22, 2016
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Data Highlights
WTI crude oil futures price
9/22/2016: $46.32/barrels
up$2.41 from week earlier
up$1.84 from year earlier
Natural gas futures price
9/22/2016: $2.990/MMBtu
up$0.063 from week earlier
up$0.421 from year earlier
Weekly coal production
9/17/2016: 16.103 million tons
up0.990 million tons from week earlier
down2.025 million tons from year earlier
Natural gas inventories
9/16/2016: 3,551 Bcf
up52 Bcf from week earlier
up140 Bcf from year earlier
Crude oil inventories
9/16/2016: 504.6 million barrels
down6.2 million barrels from week earlier
up50.6 million barrels from year earlier
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