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Spring’s Arrival, Stout Production Push May Natural Gas Forwards Lower Last Week
Daily GPI
May natural gas forward prices fell an average 9 cents from April 13-19 as rising temperatures, declining demand and robust... Read More
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NGI's Daily Gas Price Index

April 23, 2018

Natural Gas Futures Finish Near Even on Mix of Bearish, Bullish Signals; Spot Prices Mixed

Natural gas futures traded either side of even Monday as the market continues to weigh conflicting signals from lean storage inventories and strong production. Spot prices were mixed, with New England points moderating further as SoCal Citygate spiked again; the NGI National Spot Gas Average rose 3 cents to $2.45/MMBtu.
May-2018-to-Dec-2021-Waha-Forward-Basis-Curves-and-Monthly-Permian-NatGas-Production-20180420-v2 (1)

Spring’s Arrival, Stout Production Push May Natural Gas Forwards Lower Last Week

May natural gas forward prices fell an average 9 cents from April 13-19 as rising temperatures, declining demand and robust...

CenterPoint, Vectren Announce Plans for $6 Billion Merger

CenterPoint Energy Inc., a natural gas and electric utility based in Houston, said it plans to acquire Vectren Corp. in a deal valued at $6 billion.
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PNGTS Files with FERC for Capacity Expansions

Portland Natural Gas Transmission System on Friday asked FERC for authorization to expand natural gas transportation and import/export capacity on its system in New England by winter 2018/2019.

New York Throws Another Natural Gas Pipeline Project Into Question

Transcontinental Gas Pipe Line Co. LLC vowed Monday to refile for a water quality certification for its Northeast Supply Enhancement Project after the New York State Department of Environmental Conservation denied its application.

McDermott, CB&I Move Toward Closing Merger, But Subsea 7 Making Waves

Houston engineering and construction giant McDermott International Inc. announced preliminary plans as it prepares to complete a merger with crosstown CB&I on Monday only days after Subsea 7 SA launched a hostile takeover bid, but only for McDermott.
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March NatGas Prices Lowest Recorded Since Mexico Index Rollout

March natural gas prices fell month/month across all six of Mexico’s trading regions, the Comision Reguladora de Energia reported on Wednesday.

Weather Trends Bearish Over Weekend; May Natural Gas Called Lower

May natural gas was set to open Monday about 3 cents lower at around $2.709 as forecasters noted some warmer weather trends over the weekend, potentially giving the bears an advantage following last week’s price swings.

Whiplash for NatGas Futures as Friday Rally Erases Selloff; Spot Prices Tumble

Natural gas futures reversed course Friday to completely erase Thursday’s sharp selloff, with storage deficits and a slow start to injection season helping the bulls make their case. In the spot market, forecasts for moderating temperatures by Monday in key Midwest and East Coast markets curbed interest in three-day deals; the NGI National Spot Gas Average fell 19 cents to $2.42/MMBtu.

With Freeport LNG Delayed, Some Natural Gas Demand Seen Missing in 2019

Freeport LNG’s delayed start-up of its liquefied natural gas (LNG) export facility now under construction on the Texas coast could have varying impacts on the broader market next year, according to analysts.

BLM to Prepare ANWR EIS for Potential Oil, Natural Gas Development

Kicking off what is expected to be a long and arduous process, the Department of Interior's (DOI) Bureau of Land Management (BLM) on Friday launched a comment period and said it plans to prepare an environmental impact statement (EIS) to support future oil and natural gas leasing within a portion of the Arctic National Wildlife Refuge (ANWR).
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Natural Gas Drilling Flat as Oil Still Leading U.S. Rig Count Higher

The U.S. rig count continued to climb for the week ended Friday, adding five units on growth in oil drilling while the number of natural gas rigs remained unchanged, according to data from Baker Hughes Inc.
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Domestic Natural Gas Spot Prices Average 21% Higher in 2017, FERC Says

Natural gas spot prices in the United States were up an average 21% last year compared with 2016, and a confluence of events helped drive prices in Southern...

May Natural Gas Called Higher Following Thursday’s Selling

May natural gas was set to open Friday about 2 cents higher at around $2.680, recovering somewhat after a 7.9-cent sell-off Thursday that came despite tighter-than-expected government storage data.

Brief -- SoCalGas Carbon Capture Study | Sabine Pass LNG

3D"Sign

NGI's Bidweek Alert Day 5 - March 29th for April 2018
For more detailed information please download the Excel data file
FIXED RANGE BASIS RANGE
South Texas
Agua Dulce -- --
Florida Gas Zone 1 -- --
NGPL S. TX -- --
Tennessee Zone 0 South -- -0.13 to -0.12
Texas Eastern S. TX -- -0.04 to -0.0375
Transco Zone 1 -- -0.06 to -0.045
East Texas
Carthage -- -0.14 to -0.12
Houston Ship Channel -- 0.07 to 0.08
Katy -- --
NGPL TexOk -- -0.1625 to -0.16
Tennessee Zone 0 North -- --
Texas Eastern E. TX -- --
Transco Zone 2 -- --
West Texas/SE New Mexico
El Paso Permian 1.15 to 1.48 --
Transwestern 1.28 to 1.29 --
Waha 1.25 to 1.60 --
Midwest
Alliance -- --
ANR ML7 -- --
Chicago Citygate 2.42 to 2.52 --
Chicago - Nicor Gas 2.43 to 2.51 --
Chicago - NIPSCO 2.43 to 2.52 --
Chicago - North Shore -- --
Chicago - Peoples 2.42 to 2.42 --
Consumers Energy -- -0.135 to -0.0925
Dawn 2.58 to 2.67 -0.11 to -0.085
Emerson -- -0.30 to -0.29
Joliet -- --
Lebanon -- -0.26 to -0.24
Michigan Consolidated 2.51 to 2.52 -0.16 to -0.14
NGPL Amarillo Mainline -- --
Parkway/Union -- --
REX into ANR - Shelby -- -0.26 to -0.225
REX into MGT - Edgar -- -0.25 to -0.23
REX into NGPL - Moultrie -- -0.25 to -0.225
REX into PEPL - Putnam -- --
REX into Trunk - Douglas -- -0.25 to -0.25
Midcontinent
ANR SW 1.93 to 1.95 --
Enable East -- -0.35 to -0.34
Enable West -- --
NGPL Midcontinent 2.05 to 2.12 -0.56 to -0.545
Northern Border Ventura -- --
Northern Natural Demarc 2.29 to 2.33 --
Northern Natural Ventura 2.28 to 2.39 --
OGT 1.05 to 1.05 --
Panhandle Eastern 1.91 to 1.95 -0.72 to -0.6975
Southern Star -- -0.755 to -0.755
North Louisiana/Arkansas
Perryville -- -0.11 to -0.11
Texas Eastern, M1, 24 -- --
Texas Gas Zone 1 -- -0.1575 to -0.13
Trunkline Zone 1A -- -0.1725 to -0.165
South Louisiana
ANR SE -- -0.13 to -0.12
Columbia Gulf Mainline -- -0.1525 to -0.13
Columbia Gulf onshore -- -0.1275 to -0.12
Florida Gas Zone 2 -- --
Henry Hub -- 0.00 to 0.00
Southern Natural -- -0.07 to -0.065
Tennessee Line 500 -- -0.0775 to -0.055
Tennessee Line 800 -- -0.085 to -0.085
Texas Eastern E. LA -- --
Texas Eastern W. LA -- -0.075 to -0.075
Texas Gas Zone SL -- --
Transco Zone 3 -- -0.045 to -0.035
Trunkline E. LA -- --
Trunkline W. LA -- --
Southeast
FGT Citygate -- --
Florida Gas Zone 3 -- 0.01 to 0.045
Texas Eastern M-1, 30 -- -0.11 to -0.11
Transco Zone 4 -- -0.045 to -0.025
Transco Zone 5 -- 0.045 to 0.07
Transco Zone 5 North -- 0.045 to 0.045
Transco Zone 5 South -- 0.0625 to 0.07
Appalachia
Columbia Gas -- -0.21 to -0.17
Dominion North -- -0.50 to -0.425
Dominion South -- -0.50 to -0.42
Leidy Hub -- --
Millennium East Pool -- -0.59 to -0.50
Tenn Zone 4 200L -- -0.34 to -0.21
Tennessee Zn 4 313 Pool -- -0.35 to -0.35
Tennessee Zn 4 Marcellus -- -0.67 to -0.54
Texas Eastern M-2, 30 Delivery -- --
Texas Eastern M-2, 30 Receipt 2.20 to 2.20 -0.525 to -0.44
Texas Eastern M-3, Delivery -- -0.40 to -0.28
Texas Eastern M-3, Receipt -- --
Transco-Leidy Line -- -0.595 to -0.43
Northeast
Algonquin Citygate -- 1.15 to 1.70
Algonquin Citygate (non-G) -- 1.15 to 1.70
Algonquin Receipts -- --
Iroquois Zone 2 -- 0.07 to 0.25
Iroquois, Waddington -- 0.0325 to 0.05
Niagara -- -0.10 to -0.10
Tenn Zone 5 200L -- --
Tenn Zone 5 300L -- --
Tenn Zone 6 200L -- 1.50 to 1.55
Tenn Zone 6 300L -- --
Transco Zone 6 non-NY -- -0.14 to 0.005
Transco Zone 6 non-NY North -- -0.14 to 0.005
Transco Zone 6 non-NY South -- --
Transco Zone 6 NY -- -0.105 to 0.00
Rocky Mountains
Cheyenne Hub 1.85 to 1.95 --
CIG 1.73 to 1.74 --
CIG DJ Basin 1.75 to 1.76 --
El Paso Bondad -- --
El Paso non-Bondad 1.47 to 1.60 --
Kern River -- --
Kingsgate -- --
Northwest S. of Green River -- --
Northwest Sumas 1.70 to 1.79 --
Northwest Wyoming Pool -- --
Opal 1.90 to 1.98 --
Questar -- --
Stanfield -- --
Transwestern San Juan -- --
White River Hub 1.79 to 1.84 --
Arizona/Nevada
El Paso S. Mainline/N. Baja -- --
Kern Delivery 2.02 to 2.02 --
California
Malin 1.88 to 1.95 --
PG&E Citygate 2.52 to 2.63 --
SoCal Citygate 2.61 to 2.80 --
Southern Border, PG&E 1.75 to 1.99 --
Southern Border, SoCal 1.95 to 2.06 --
SoCal Border Avg. 1.95 to 2.06 --
Canada
Empress -- --
NOVA/AECO C 1.15 to 1.64 --
Westcoast Station 2 -- --
NOTE: Both the buy and the sell side of transactions are counted in this table, as they are in NGI’s daily, weekly and bidweek natural gas price tables, a standard practice which supports consistency and uniformity across products as explained in our price methodology.