Record Setting Natural Gas Withdrawals

“The EIA said draws from underground gas storage facilities were 287 Bcf (8.1 x 109 m3), “The most during the 20 years for which data exist and the latest in a season already characterized by withdrawals much larger than average.”

The EIA also said he cold weather impacted production. Wellhead freeze-offs occurred in parts of the Marcellus Shale in northeastern Pennsylvania and in the Fayetteville Shale in Arkansas. U.S. dry gas output dropped to 61.9 Bcf (1.7 x 109 m3) on Jan. 8, the lowest since September 2012, but rebounded to nearly 66 Bcf (1.8 x 109 m3) by Jan. 16.”

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New Technology in Natural Gas Industry

“The world’s largest chemical company has set its sights on improving natural gas vehicles.

BASF is developing materials that could increase the capacity of natural gas storage tanks by as much as 30 percent, said Raghu Gummaraju, business development manager for the company’s energy storage materials division.

“We have a lot of ideas,” he said.

Gummaraju was part of a panel on evolving natural gas vehicle technology Tuesday at the 2013 Energy Policy and Future of Passenger Transportation Conference sponsored by Oklahoma City University’s Meinders School of Business.”

Read the rest from The Oklahoman here.