Western Canadian natural gas production experienced an upswing in the early days of December resulting in a new single day output record of 19.38 Bcf on December 6 (red text and arrow in chart below) based on data from RBN’s Canadian NatGas Billboard. This level surpasses the previous record of 19.30 Bcf set on November 2 (black text and arrow) and continues what has been a strong upward trend for production that has been underway since the beginning of October. Note that the prior record value for November was previously reported as 19.62 Bcf, but was subsequently revised lower (but still a single day record at the time) due to the release of additional gas production information by provincial data agencies.

Create a FREE Account to Read Full Article