NGL Roundup: October 3, 2022
NGL production increased 3% M-o-M and 12% Y-o-Y in July according to the latest EIA data, just above East Daley’s NGL Purity Product Forecast.
The Medford fractionator explosion had a limited impact on July numbers, but the outage may result in decreased production on the back of higher ethane rejection in August.
A drop in exports has helped Propane/Propylene stocks surge past the 5-year average, but frac constraints could hinder inventory builds going forward.
Get a complete view of NGL markets in The NGL Roundup, now available FREE from East Daley Analytics.
The NGL Roundup reviews monthly NGL data from EIA and East Daley’s own basin-level supply forecasts of Y-grade and NGL purity products. Follow key NGL data trends:
NGL production by basin
- Supply forecasts by NGL purity product
- Ethane recovery by basin
- Historical and future NGL prices
- Conway and Mont Belvieu frac spreads
- NGL storage trends
- Regional NGL exports
We use our patented method to monitor midstream flows from processing plants to fractionation centers, identifying infrastructure bottlenecks before the market recognizes them. Using a bottoms-up approach to supply, we go deeper than the PADD or sub-PADD level to truly understand what is happening on the ground in NGLs.
For a free trial of our NGL Purity Product dashboard or to inquire about the NGL Network Model, please contact abakshani@eastdaley.comor fill out the form.
