American Oil and Gas Reporter - August 2017 - 23

IndustryDigest
According to DOE, the Lake Charles
facility was authorized to export as
much as 2 billion cubic feet a day to any
Free Trade Agreement and non-FTA
countries not prohibited by U.S. law or
policy. The increased export allowance
comes after the site increased its
designed export capacity.
The authorizations are for 25 years
for FTA countries and 20 years for nonFTA countries, starting from the date of
the first export or seven years from the
export approval date.
DOE says with the non-FTA
authorization granted to the Lake
Charles facility, it now has approved
21.33 Bcf/d of non-FTA exports of
LNG and compressed natural gas.
Both Lake Charles LNG Export and
Lake Charles LNG Company are owned
60 percent by Energy Transfer Equity LP
and 40 percent by Energy Transfer
Partners LP. DOE says the facility will
have a firm sustained sendout capacity of
1.81 Bcf/d and a peak sendout capacity
of 2.10 Bcf/d. The four LNG storage
tanks on the Lake Charles site have a
combined capacity of 2.7 million barrels
of LNG, or 9.0 Bcf of natural gas. r

U.S. Oil Production
And Petroleum Demand
Continue To Grow

WASHINGTON-U.S. crude oil
production in June continued to outpace
year-ago levels, coming in at the highest
level for the month in 45 years while
natural gas liquids production hit an alltime high, according to the American
Petroleum Institute's Monthly Statistical
Report.
However, the highest petroleum
demand in 10 years helped draw down
U.S. crude oil stocks by 6.7 million
barrels from their May level, and
contributed to the highest petroleum
imports for the month of June since
2012, API adds.
At 9.3 million barrels a day, API
says U.S. crude oil production in June
increased 7.2 percent from June 2016,
although it was nearly unchanged from
May. Compared with second quarter
2016 and year to date 2016, API says
domestic crude oil production increased
4.6 percent and 1.4 percent,
respectively. This was the highest crude
production level for the month of June
since 1972, the institute notes.

Natural gas liquids production
averaged 3.6 MMbbl/d, which API says
was the highest on record for the month.
June NGL production was 2.6 percent
above May's output and 0.3 percent
higher than June 2016. NGL production
increased 0.8 percent compared with
second quarter 2016, and rose 2.6
percent year to date, API adds.
The institute says Baker Hughes Inc.
reports the average number of drilling
rigs running in June was 931, up 4.3
percent from May and 123.3 percent
from the year ago level. June's rig count
was the highest since April 2015, API
reveals.
Petroleum demand moved up 2.6
percent from June 2016 and was up 1.0
percent over May 2017 at an average
20.3 MMbbl/d, API continues. That was
the highest petroleum demand for the
year and the highest for the month of
June since 2007, the institute observes.
For the second quarter, total
domestic petroleum deliveries increased
3.0 percent compared with second
quarter 2016. Year to date, petroleum
demand was up 1.6 percent, API says.
The institute notes that the overall
U.S. economy showed gains for the
fifth time this year, adding 222,000 jobs
in June, according to the U.S. Bureau of
Labor Statistics.
API reports June 2017 gasoline
deliveries moved down 0.5 percent from
June 2016, but were up 0.3 percent from
May 2017 to average 9.6 MMbbl/d-the
second highest June deliveries on
record. Gasoline deliveries increased
0.5 percent compared with second
quarter 2016, but were down 0.5
percent year to date, API says.
Distillate deliveries, meanwhile,
reached their highest June level since
2007 at slightly more than 4.0
MMbbl/d, but were down by 0.5
percent from May. Distillate demand
was up 4.1 percent from June 2016, 3.7
percent from second quarter 2016, and
2.4 percent year to date, API reveals.
API says total U.S. petroleum
imports averaged 10.2 MMbbl/d in
June, up 3.3 percent from May 2017
and 1.6 percent from June 2016. June's
petroleum imports were the highest for
the month of June since 2012, API
reports. For the second quarter and year
to date, the institute says imports were
up 1.0 percent and 2.3 percent,
respectively.
Crude oil imports in June averaged
close to 8.0 MMbbl/d, which API says

was up 4.0 percent from May, 4.9
percent from June 2016, 2.5 percent
from second quarter 2016, and 2.9
percent year to date.
API says crude oil stocks ended June
at 502.6 million barrels-the lowest
inventory for the year, but remained the
highest June inventory level since 1930.
Crude stocks were down 6.7 million
barrels (1.3 percent) from May, but
were up by 4.6 million barrels (0.9
percent) from June 2016.
At an average of nearly 10.2
MMbbl/d, API mentions, production of
gasoline in June was the second highest
level on record for the month, although
it stayed almost flat compared with
May. Gasoline production was down
1.0 percent from June 2016. It was up
0.3 percent compared with second
quarter 2016, and was down 0.4 percent
year to date.
API says the refinery utilization rate
in June averaged above 90.0 percent for
the third straight month at 93.7 percent.
This was down 0.1 percentage points
from May, but up 2.6 percentage points
from June 2016. Compared with second
quarter 2016 and year to date 2016,
refinery utilization rose 3.5 and 0.9
percentage points, respectively. r

Eclipse's SCOOP Wells
Exceed 15 MMcfe Output
OKLAHOMA CITY-Two SCOOP
wells drilled by Gulfport Energy Corp.
each have 30-day production rates
exceeding 15 million cubic feet
equivalent a day. The company says the
wells were drilled in the wet gas
window of southern Grady County, Ok.
According to Gulfport, the Vinson
2-22X227H produced at an average
30-day peak production rate of 15.7
MMcfe, while the Vinson 3R-22X27H
produced at 18.7 MMcfe/d. Following
30 days of production, the company
says its first well has cumulatively
produced 418.4 MMcf of natural gas
and 1,552 barrels of oil, while the
Vinson 3R-22X27H has cumulatively
produced 498.8 MMcf of gas and
1,382 barrels of oil.
Based on the composition analysis,
Gulfport says the gas produced from the
Vinson pad is 1,118 Btu gas, and
yielding 35.7 barrels of natural gas
liquids per million cubic feet of gas. r

AUGUST 2017 23



Table of Contents for the Digital Edition of American Oil and Gas Reporter - August 2017

Contents
American Oil and Gas Reporter - August 2017 - 1
American Oil and Gas Reporter - August 2017 - 2
American Oil and Gas Reporter - August 2017 - 3
American Oil and Gas Reporter - August 2017 - Contents
American Oil and Gas Reporter - August 2017 - 5
American Oil and Gas Reporter - August 2017 - 6
American Oil and Gas Reporter - August 2017 - 7
American Oil and Gas Reporter - August 2017 - 8
American Oil and Gas Reporter - August 2017 - 9
American Oil and Gas Reporter - August 2017 - 10
American Oil and Gas Reporter - August 2017 - 11
American Oil and Gas Reporter - August 2017 - 12
American Oil and Gas Reporter - August 2017 - 13
American Oil and Gas Reporter - August 2017 - 14
American Oil and Gas Reporter - August 2017 - 15
American Oil and Gas Reporter - August 2017 - 16
American Oil and Gas Reporter - August 2017 - 17
American Oil and Gas Reporter - August 2017 - 18
American Oil and Gas Reporter - August 2017 - 19
American Oil and Gas Reporter - August 2017 - 20
American Oil and Gas Reporter - August 2017 - 21
American Oil and Gas Reporter - August 2017 - 22
American Oil and Gas Reporter - August 2017 - 23
American Oil and Gas Reporter - August 2017 - 24
American Oil and Gas Reporter - August 2017 - 25
American Oil and Gas Reporter - August 2017 - 26
American Oil and Gas Reporter - August 2017 - 27
American Oil and Gas Reporter - August 2017 - 28
American Oil and Gas Reporter - August 2017 - 29
American Oil and Gas Reporter - August 2017 - 30
American Oil and Gas Reporter - August 2017 - 31
American Oil and Gas Reporter - August 2017 - 32
American Oil and Gas Reporter - August 2017 - 33
American Oil and Gas Reporter - August 2017 - 34
American Oil and Gas Reporter - August 2017 - 35
American Oil and Gas Reporter - August 2017 - 36
American Oil and Gas Reporter - August 2017 - 37
American Oil and Gas Reporter - August 2017 - 38
American Oil and Gas Reporter - August 2017 - 39
American Oil and Gas Reporter - August 2017 - 40
American Oil and Gas Reporter - August 2017 - 41
American Oil and Gas Reporter - August 2017 - 42
American Oil and Gas Reporter - August 2017 - 43
American Oil and Gas Reporter - August 2017 - 44
American Oil and Gas Reporter - August 2017 - 45
American Oil and Gas Reporter - August 2017 - 46
American Oil and Gas Reporter - August 2017 - 47
American Oil and Gas Reporter - August 2017 - 48
American Oil and Gas Reporter - August 2017 - 49
American Oil and Gas Reporter - August 2017 - 50
American Oil and Gas Reporter - August 2017 - 51
American Oil and Gas Reporter - August 2017 - 52
American Oil and Gas Reporter - August 2017 - 53
American Oil and Gas Reporter - August 2017 - 54
American Oil and Gas Reporter - August 2017 - 55
American Oil and Gas Reporter - August 2017 - 56
American Oil and Gas Reporter - August 2017 - 57
American Oil and Gas Reporter - August 2017 - 58
American Oil and Gas Reporter - August 2017 - 59
American Oil and Gas Reporter - August 2017 - 60
American Oil and Gas Reporter - August 2017 - 61
American Oil and Gas Reporter - August 2017 - 62
American Oil and Gas Reporter - August 2017 - 63
American Oil and Gas Reporter - August 2017 - 64
American Oil and Gas Reporter - August 2017 - 65
American Oil and Gas Reporter - August 2017 - 66
American Oil and Gas Reporter - August 2017 - 67
American Oil and Gas Reporter - August 2017 - 68
American Oil and Gas Reporter - August 2017 - 69
American Oil and Gas Reporter - August 2017 - 70
American Oil and Gas Reporter - August 2017 - 71
American Oil and Gas Reporter - August 2017 - 72
American Oil and Gas Reporter - August 2017 - 73
American Oil and Gas Reporter - August 2017 - 74
American Oil and Gas Reporter - August 2017 - 75
American Oil and Gas Reporter - August 2017 - 76
American Oil and Gas Reporter - August 2017 - 77
American Oil and Gas Reporter - August 2017 - 78
American Oil and Gas Reporter - August 2017 - 79
American Oil and Gas Reporter - August 2017 - 80
American Oil and Gas Reporter - August 2017 - 81
American Oil and Gas Reporter - August 2017 - 82
American Oil and Gas Reporter - August 2017 - 83
American Oil and Gas Reporter - August 2017 - 84
American Oil and Gas Reporter - August 2017 - 85
American Oil and Gas Reporter - August 2017 - 86
American Oil and Gas Reporter - August 2017 - 87
American Oil and Gas Reporter - August 2017 - 88
American Oil and Gas Reporter - August 2017 - 89
American Oil and Gas Reporter - August 2017 - 90
American Oil and Gas Reporter - August 2017 - 91
American Oil and Gas Reporter - August 2017 - 92
American Oil and Gas Reporter - August 2017 - 93
American Oil and Gas Reporter - August 2017 - 94
American Oil and Gas Reporter - August 2017 - 95
American Oil and Gas Reporter - August 2017 - 96
American Oil and Gas Reporter - August 2017 - 97
American Oil and Gas Reporter - August 2017 - 98
American Oil and Gas Reporter - August 2017 - 99
American Oil and Gas Reporter - August 2017 - 100
American Oil and Gas Reporter - August 2017 - 101
American Oil and Gas Reporter - August 2017 - 102
American Oil and Gas Reporter - August 2017 - 103
American Oil and Gas Reporter - August 2017 - 104
American Oil and Gas Reporter - August 2017 - 105
American Oil and Gas Reporter - August 2017 - 106
American Oil and Gas Reporter - August 2017 - 107
American Oil and Gas Reporter - August 2017 - 108
American Oil and Gas Reporter - August 2017 - 109
American Oil and Gas Reporter - August 2017 - 110
American Oil and Gas Reporter - August 2017 - 111
American Oil and Gas Reporter - August 2017 - 112
American Oil and Gas Reporter - August 2017 - 113
American Oil and Gas Reporter - August 2017 - 114
American Oil and Gas Reporter - August 2017 - 115
American Oil and Gas Reporter - August 2017 - 116
American Oil and Gas Reporter - August 2017 - 117
American Oil and Gas Reporter - August 2017 - 118
American Oil and Gas Reporter - August 2017 - 119
American Oil and Gas Reporter - August 2017 - 120
American Oil and Gas Reporter - August 2017 - 121
American Oil and Gas Reporter - August 2017 - 122
American Oil and Gas Reporter - August 2017 - 123
American Oil and Gas Reporter - August 2017 - 124
https://www.nxtbook.com/nxtbooks/aogr/202103
https://www.nxtbook.com/nxtbooks/aogr/202102
https://www.nxtbook.com/nxtbooks/aogr/202101
https://www.nxtbook.com/nxtbooks/aogr/202012
https://www.nxtbook.com/nxtbooks/aogr/202011
https://www.nxtbook.com/nxtbooks/aogr/202010
https://www.nxtbook.com/nxtbooks/aogr/202009
https://www.nxtbook.com/nxtbooks/aogr/202008
https://www.nxtbook.com/nxtbooks/aogr/202007
https://www.nxtbook.com/nxtbooks/aogr/202006
https://www.nxtbook.com/nxtbooks/aogr/202005
https://www.nxtbook.com/nxtbooks/aogr/202004
https://www.nxtbook.com/nxtbooks/aogr/202003
https://www.nxtbook.com/nxtbooks/aogr/202002
https://www.nxtbook.com/nxtbooks/aogr/202001
https://www.nxtbook.com/nxtbooks/aogr/201912
https://www.nxtbook.com/nxtbooks/aogr/201911
https://www.nxtbook.com/nxtbooks/aogr/201910
https://www.nxtbook.com/nxtbooks/aogr/201909
https://www.nxtbook.com/nxtbooks/aogr/201908
https://www.nxtbook.com/nxtbooks/aogr/201907
https://www.nxtbook.com/nxtbooks/aogr/201906
https://www.nxtbook.com/nxtbooks/aogr/201905
https://www.nxtbook.com/nxtbooks/aogr/201904
https://www.nxtbook.com/nxtbooks/aogr/201903
https://www.nxtbook.com/nxtbooks/aogr/201902
https://www.nxtbook.com/nxtbooks/aogr/201901
https://www.nxtbook.com/nxtbooks/aogr/201812
https://www.nxtbook.com/nxtbooks/aogr/201811
https://www.nxtbook.com/nxtbooks/aogr/201810
https://www.nxtbook.com/nxtbooks/aogr/pbios_201810
https://www.nxtbook.com/nxtbooks/aogr/201809
https://www.nxtbook.com/nxtbooks/aogr/201808
https://www.nxtbook.com/nxtbooks/aogr/201807
https://www.nxtbook.com/nxtbooks/aogr/201806
https://www.nxtbook.com/nxtbooks/aogr/201805
https://www.nxtbook.com/nxtbooks/aogr/201804
https://www.nxtbook.com/nxtbooks/aogr/201803
https://www.nxtbook.com/nxtbooks/aogr/201802
https://www.nxtbook.com/nxtbooks/aogr/201801
https://www.nxtbook.com/nxtbooks/aogr/201712
https://www.nxtbook.com/nxtbooks/aogr/201711
https://www.nxtbook.com/nxtbooks/aogr/201710
https://www.nxtbook.com/nxtbooks/aogr/201709
https://www.nxtbook.com/nxtbooks/aogr/201708
https://www.nxtbook.com/nxtbooks/aogr/201707
https://www.nxtbook.com/nxtbooks/aogr/201706
https://www.nxtbook.com/nxtbooks/aogr/201705
https://www.nxtbook.com/nxtbooks/aogr/201704
https://www.nxtbook.com/nxtbooks/aogr/201703
https://www.nxtbook.com/nxtbooks/aogr/201702
https://www.nxtbook.com/nxtbooks/aogr/201701
https://www.nxtbook.com/nxtbooks/aogr/201612
https://www.nxtbook.com/nxtbooks/aogr/201611
https://www.nxtbook.com/nxtbooks/aogr/201610
https://www.nxtbook.com/nxtbooks/aogr/pbios2016_programguide
https://www.nxtbook.com/nxtbooks/aogr/201609
https://www.nxtbook.com/nxtbooks/aogr/201608
https://www.nxtbook.com/nxtbooks/aogr/201607
https://www.nxtbook.com/nxtbooks/aogr/201606
https://www.nxtbook.com/nxtbooks/aogr/201605
https://www.nxtbook.com/nxtbooks/aogr/201604
https://www.nxtbook.com/nxtbooks/aogr/201603
https://www.nxtbook.com/nxtbooks/aogr/201602
https://www.nxtbook.com/nxtbooks/aogr/201601
https://www.nxtbook.com/nxtbooks/aogr/201512
https://www.nxtbook.com/nxtbooks/aogr/201511
https://www.nxtbook.com/nxtbooks/aogr/201510
https://www.nxtbook.com/nxtbooks/aogr/201509
https://www.nxtbook.com/nxtbooks/aogr/201508
https://www.nxtbook.com/nxtbooks/aogr/201507
https://www.nxtbook.com/nxtbooks/aogr/201506
https://www.nxtbook.com/nxtbooks/aogr/201505
https://www.nxtbook.com/nxtbooks/aogr/201504
https://www.nxtbook.com/nxtbooks/aogr/201503
https://www.nxtbook.com/nxtbooks/aogr/201502
https://www.nxtbook.com/nxtbooks/aogr/201501
https://www.nxtbook.com/nxtbooks/aogr/201412
https://www.nxtbook.com/nxtbooks/aogr/201411
https://www.nxtbook.com/nxtbooks/aogr/201410
https://www.nxtbook.com/nxtbooks/aogr/201409
https://www.nxtbook.com/nxtbooks/aogr/pbios2014_programguide
https://www.nxtbook.com/nxtbooks/aogr/201408
https://www.nxtbook.com/nxtbooks/aogr/201407
https://www.nxtbook.com/nxtbooks/aogr/201406
https://www.nxtbook.com/nxtbooks/aogr/201405
https://www.nxtbook.com/nxtbooks/aogr/201404
https://www.nxtbook.com/nxtbooks/aogr/201403
https://www.nxtbook.com/nxtbooks/aogr/201402
https://www.nxtbook.com/nxtbooks/aogr/201401
https://www.nxtbook.com/nxtbooks/aogr/201312
https://www.nxtbook.com/nxtbooks/aogr/201311
https://www.nxtbook.com/nxtbooks/aogr/201310
https://www.nxtbook.com/nxtbooks/aogr/201309
https://www.nxtbook.com/nxtbooks/aogr/201308
https://www.nxtbook.com/nxtbooks/aogr/201307
https://www.nxtbook.com/nxtbooks/aogr/201306
https://www.nxtbook.com/nxtbooks/aogr/201305
https://www.nxtbook.com/nxtbooks/aogr/201304
https://www.nxtbook.com/nxtbooks/aogr/201303
https://www.nxtbook.com/nxtbooks/aogr/201302
https://www.nxtbook.com/nxtbooks/aogr/201301
https://www.nxtbook.com/nxtbooks/aogr/201212
https://www.nxtbook.com/nxtbooks/aogr/201211
https://www.nxtbook.com/nxtbooks/aogr/201210
https://www.nxtbook.com/nxtbooks/aogr/201209
https://www.nxtbook.com/nxtbooks/aogr/2012_pbios
https://www.nxtbook.com/nxtbooks/aogr/201208
https://www.nxtbook.com/nxtbooks/aogr/201207
https://www.nxtbook.com/nxtbooks/aogr/201206
https://www.nxtbook.com/nxtbooks/aogr/201205
https://www.nxtbook.com/nxtbooks/aogr/201204
https://www.nxtbook.com/nxtbooks/aogr/201203
https://www.nxtbook.com/nxtbooks/aogr/201202
https://www.nxtbook.com/nxtbooks/aogr/201201
https://www.nxtbook.com/nxtbooks/demo/aogr_clone
https://www.nxtbook.com/nxtbooks/aogr/201112
https://www.nxtbookmedia.com