Wells Fargo NGL Snapshot Examines U.S. Supply, Demand, and Fractionation Capacity
With the arrival in Norway of the first ethane shipment from Enterprise Products Partners’ terminal in Morgan’s Point, Texas on September 22, Oil & Gas 360® took a look into the current state of the U.S. natural gas liquids market, as outlined in Wells Fargo’s September NGL Snapshot.
May ’16 NGL Supply and Demand Higher Y-O-Y
Total U.S. NGL supply averaged 4,509,000 Bbls/day in May 2016, representing a 10.6% increase from the prior year. NGL production from...

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