Tuesday, December 11, 2007
Natural gas originating in Texas and flowing to other states via interstate pipelines increased to a record high 10 Bcf/d last weekend (Dec. 8-9), mostly because of the surging output from the Barnett Shale and East Texas producing basins, according to a report by Golden, CO-based energy consultant Bentek LLC. Texas gas exports jumped 26% compared with the same period a year ago.
"Volumes moving out of the state on interstate pipelines have been going nuts," Bentek Managing Director Rusty Braziel told NGI. However, he said it's not just from one place -- "volumes are up all over. A lot of the weakness in [Houston] Ship Channel prices that we saw last month seem to be the result of high production and maxed out flows on many pipes leaving the state."
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