Story of the Day

Permian Players Diamondback, Energen Agree to $9.2B Merger
Daily GPI
Diamondback Energy Inc., fresh off a $1.2 billion deal to build its position in the Permian Basin, late Tuesday agreed to buy... Read More
Diamondback-energy-pro-forma-acreage-including-energen-20180814

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NGI's Daily Gas Price Index

August 15, 2018

May Natural Gas Imports to Mexico Averaged 5.15 Bcf/d, Sener Says

Natural gas imports into Mexico grew 6.3% year/year (y/y) in May as pipeline shipments and liquefied natural gas (LNG) continued to make up for declining domestic output, according to the latest official data.

September Natural Gas Called Lower as Guidance Holds Cooler Trends in East

September natural gas futures were set to open Wednesday about 2.0 cents lower at around $2.939 as weather guidance overnight continued to advertise cooler medium-range trends in the forecast for the East.

Storage Supports Natural Gas Futures Gains as Cooler Forecast Tempers Rally

Concerns over meager storage stockpiles helped the natural gas futures market shake off cooler weather trends Tuesday as prices gained modestly for the fall and winter contracts. In the spot market, most regions strengthened as Henry Hub gained in line with prompt month futures, while pricy locations in California and the Desert Southwest moderated; the NGI National Spot Gas Average finished 7 cents higher at $2.97/MMBtu.
Diamondback-Energy-Pro-Forma-Acreage-Including-Energen-20180814

Permian Players Diamondback, Energen Agree to $9.2B Merger

Diamondback Energy Inc., fresh off a $1.2 billion deal to build its position in the Permian Basin, late Tuesday agreed to buy...

FERC Green Lights Cheniere-Backed Anadarko-to-Gulf Coast Natural Gas Pipeline

Cheniere Energy Inc.-backed Midship Pipeline Co. LLC on Monday was given the green light by FERC to build its long-awaited 1.44 Bcf/d natural gas pipeline that would move supply from the prolific Anadarko Basin to the Gulf Coast for potential export.

BNP’s Bank of the West Draws Energy Industry Ire in Plan to Abandon Fossil Fuel Investments

BNP Paribas-owned Bank of the West is dealing with push back, locally and nationally, as it shifts policy to abandon fossil fuel investments.
Annual-Alaska-Field-Production-of-Crude-Oil-and-Percent-of-Total-US-Production-20180814-v2

Interior Said Moving Forward With ANWR Lease Sale in 2019

A Department of Interior official said the agency is moving forward to open a portion of the Alaska National Wildlife Refuge to oil and natural gas leasing in 2019, and predicted that a lease sale scheduled for the region will attract significant interest from producers.
Existing-and-Planned-Natural-Gas-Pipeline-and-LNG-Infrastructure-in-Texas-and-Louisiana-20180814

Natural Gas Pipe Capacity to Demand-Heavy South Central Region to Reach 19 Bcf/d in 2018, Says EIA

Natural gas pipeline capacity into the South Central region, the epicenter of anticipated demand growth from exports to Mexico and via liquefied natural gas terminals, is expected to climb to 19 Bcf/d by the end of the year, according to the Energy Information Administration.

Wildfires Continue Across California as Legislative Push Heats Up

Wildfires, including the largest in California's history, continued to burn over the weekend, while lawmakers in Sacramento debated the liability issue hovering over major utility companies that are facing precarious financial times.

Steady Forecast, Tight Storage as Natural Gas Futures Called Higher

September natural gas futures were set to open Tuesday about 1.9 cents higher at around $2.949/MMBtu, with forecasters noting only minor changes to the weather outlook overnight as a tight storage picture continued to offer support.

Brief -- New Mexico Gas Utility Extensions

September Natural Gas Down, but Storage Concerns Remain Supportive; Spot Gas Marginally Higher

Ongoing concerns about having adequate storage supplies ahead of the winter season kept a firm floor under natural gas prices Monday, even as production was close to setting a new record and weather outlooks showed cooler temperatures in the days and weeks to come. The Nymex September gas contract settled at $2.93, down 1.4 cents on the day.
Change-in-Transco-Zone-5-South-Forward-Basis-Prices-20180813

Lean Storage, MVP Delay Have East Coast Markets Bracing for Winter Spikes

Against a backdrop of lean regional storage inventories, the recent delay to Mountain Valley Pipeline LLC further tightens the supply/demand...

Cheniere Secures Another SPA, to Supply LNG to Taiwan’s CPC

Cheniere Energy Inc. has snapped up another natural gas export contract with Taiwan’s state-owned oil and gas company.

FERC Issues Flurry of Natural Gas Orders on Powelson's Final Day

In a flurry of activity on Robert Powelson's final day, FERC on Friday issued several orders on natural gas pipeline projects, with most denying requests for rehearings. And in a possible sign of things to come, two commissioners dissented on several of the votes.

3D"Sign

NGI's Bidweek Alert Day 5 - July 31st for August 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 -- -0.16 to -0.16
Texas Eastern S. TX -- -0.01 to 0.015
Transco Zone 1 -- -0.06 to -0.055
East Texas
Carthage -- -0.135 to -0.135
Houston Ship Channel 2.84 to 2.85 0.06 to 0.06
Katy -- --
NGPL TexOk 2.62 to 2.69 -0.155 to -0.1475
Tennessee Zone 0 North -- --
Texas Eastern E. TX -- --
Transco Zone 2 -- --
West Texas/SE New Mexico
El Paso Permian 1.80 to 2.18 --
Transwestern 1.85 to 1.94 --
Waha 1.80 to 1.89 --
Midwest
Alliance -- --
ANR ML7 -- --
Chicago Citygate 2.70 to 2.73 --
Chicago - Nicor Gas 2.71 to 2.73 --
Chicago - NIPSCO -- --
Chicago - North Shore -- --
Chicago - Peoples 2.70 to 2.71 --
Consumers Energy -- 0.02 to 0.045
Dawn 2.81 to 2.88 0.015 to 0.0575
Emerson -- -0.20 to -0.185
Joliet -- --
Lebanon -- -0.135 to -0.13
Michigan Consolidated 2.79 to 2.80 0.0075 to 0.03
NGPL Amarillo Mainline -- --
Parkway/Union -- 0.05 to 0.05
REX into ANR - Shelby -- -0.135 to -0.12
REX into MGT - Edgar -- --
REX into NGPL - Moultrie -- --
REX into PEPL - Putnam -- --
REX into Trunk - Douglas -- --
Midcontinent
ANR SW 2.31 to 2.39 -0.50 to -0.42
Enable East -- -0.25 to -0.22
Enable West -- --
NGPL Midcontinent 2.27 to 2.33 -0.50 to -0.45
Northern Border Ventura -- --
Northern Natural Demarc 2.59 to 2.64 --
Northern Natural Ventura 2.63 to 2.65 --
OGT -- -1.20 to -1.10
Panhandle Eastern 2.19 to 2.34 -0.45 to -0.44
Southern Star -- -0.50 to -0.50
North Louisiana/Arkansas
Perryville -- --
Texas Eastern, M1, 24 -- --
Texas Gas Zone 1 -- -0.145 to -0.135
Trunkline Zone 1A -- -0.155 to -0.1425
South Louisiana
ANR SE -- -0.125 to -0.11
Columbia Gulf Mainline -- -0.1475 to -0.135
Columbia Gulf onshore -- -0.105 to -0.105
Florida Gas Zone 2 -- --
Henry Hub -- --
Southern Natural -- -0.065 to -0.0625
Tennessee Line 500 -- -0.0725 to -0.0675
Tennessee Line 800 -- -0.0875 to -0.0875
Texas Eastern E. LA -- -0.10 to -0.0775
Texas Eastern W. LA -- --
Texas Gas Zone SL -- --
Transco Zone 3 -- -0.045 to -0.0375
Trunkline E. LA -- --
Trunkline W. LA -- --
Southeast
FGT Citygate -- --
Florida Gas Zone 3 -- --
Texas Eastern M-1, 30 -- --
Transco Zone 4 -- -0.0325 to -0.01
Transco Zone 5 -- 0.08 to 0.10
Transco Zone 5 North -- --
Transco Zone 5 South -- 0.08 to 0.10
Appalachia
Columbia Gas -- -0.2075 to -0.1925
Dominion North -- -0.43 to -0.42
Dominion South -- -0.45 to -0.405
Leidy Hub -- --
Millennium East Pool -- -0.69 to -0.57
Tenn Zone 4 200L -- -0.245 to -0.22
Tennessee Zn 4 313 Pool -- -0.295 to -0.29
Tennessee Zn 4 Marcellus -- -0.73 to -0.60
Texas Eastern M-2, 30 Delivery -- --
Texas Eastern M-2, 30 Receipt -- -0.45 to -0.405
Texas Eastern M-3, Delivery -- -0.34 to -0.32
Texas Eastern M-3, Receipt -- --
Transco-Leidy Line -- -0.66 to -0.545
Northeast
Algonquin Citygate -- 0.00 to 0.10
Algonquin Citygate (non-G) -- 0.00 to 0.10
Algonquin Receipts -- --
Iroquois Zone 2 -- 0.06 to 0.12
Iroquois, Waddington -- 0.07 to 0.085
Niagara -- --
Tenn Zone 5 200L -- --
Tenn Zone 5 300L -- --
Tenn Zone 6 200L -- --
Tenn Zone 6 300L -- --
Transco Zone 6 non-NY -- -0.05 to -0.01
Transco Zone 6 non-NY North -- -0.05 to -0.01
Transco Zone 6 non-NY South -- --
Transco Zone 6 NY -- -0.05 to -0.02
Rocky Mountains
Cheyenne Hub 2.35 to 2.35 --
CIG 2.26 to 2.26 --
CIG DJ Basin -- --
El Paso Bondad -- --
El Paso non-Bondad 2.31 to 2.36 --
Kern River 2.42 to 2.44 --
Kingsgate -- --
Northwest S. of Green River -- --
Northwest Sumas 2.25 to 2.28 --
Northwest Wyoming Pool -- --
Opal 2.40 to 2.46 --
Questar -- --
Stanfield -- --
Transwestern San Juan 2.40 to 2.40 --
White River Hub 2.35 to 2.35 --
Arizona/Nevada
El Paso S. Mainline/N. Baja -- --
Kern Delivery 6.00 to 6.25 --
California
Malin 2.49 to 2.52 --
PG&E Citygate 3.06 to 3.10 --
SoCal Citygate 8.35 to 10.50 --
Southern Border, PG&E 2.50 to 2.70 --
Southern Border, SoCal 2.65 to 5.50 --
SoCal Border Avg. 2.65 to 5.50 --
Canada
Empress -- --
NOVA/AECO C 1.28 to 1.37 --
Westcoast Station 2 1.32 to 1.36 --
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.