โ Scribed by Budzik, Philip ;Legates, Charlotte
No coin nor oath required. For personal study only.
atural gas producers' focus on using N assets to the maximum is amply illustrated by the preliminary results of the Natural Gas Supply Association's (NGSA's) annual Deliverability Survey, released this summer.
The Deliverability Survey measures the difference between producers' ability to deliver gas into the transmission system and their actual deliveries. The preliminary survey results show that in 1994, producers used 91.1 percent of their connected field capacity to deliver gas (Exhibit 1). The preliminary results also show that in 1995, producers used 92.4 percent of their connected capacity-a 1.3-percentage-point increase in just one year.
These results are not entirely unexpected. Capacity utilization has risen every year since 1988-a year in which producers used only 81 percent of their connected capacity to deliver gas.
NGSA began its Deliverability Survey in the mid-l980s, when the "gas bubble" was a pressing issue in the industry. The bubble resulted from Philip Budzik is director of regulatory affairs and technical analysis and Charlotte LeGates is director ofpublic relations at the Natural Gas Supply Association, Washington, DC.
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