Cold chills U.S. shale gas production as heating demand jumps

January 2, 2018

Cold weather gripping much of the United States is denting natural gas production in the nation's shale patches, with output of the heating fuel down more than 20 percent since last month in North Dakota's Bakken region, according to analyst estimates.

The United States relies more on natural gas than coal for heating and has ramped up exports of liquefied natural gas.

Flows of natural gas on interstate pipelines out of North Dakota dropped to about 1 billion cubic feet per day (bcfd) on Tuesday, down from about 1.3 bcfd on Dec. 25, according to Genscape data. One bcfd is enough gas to fuel about five million U.S. homes.

"That drop is due to the freeze off we're seeing," said Andrew Bradford of BTU Analytics, an energy consultancy.

Read more on Reuters...

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