Story of the Day

Wyoming’s Barrasso Proposes Accelerating Natural Gas Exports to NATO Countries
Daily GPI
A bill introduced in the Senate Wednesday would give North Atlantic Treaty Organization member countries "an escape from Russia's political... Read More
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NGI's Daily Gas Price Index

July 20, 2018

Day After Storage-Driven Rally, Natural Gas Futures Stable; SoCal Spikes Further

Natural gas futures pulled back slightly during an uneventful session Friday, with prices stable one day after rallying on bullish government storage data. In the spot market, the mercurial SoCal Citygate extended its run higher ahead of more heat expected in California, while points throughout the Gulf Coast and Texas saw modest gains; the NGI National Spot Gas Average added 3 cents to $2.71/MMBtu.

FERC Denies Rehearing Requests on Millennium Pipeline’s Eastern System Upgrade

A divided FERC rejected requests from two environmental groups for a rehearing over its decision to certify Millennium Pipeline Co. LLC's Eastern System Upgrade project on Thursday, with Commissioner Richard Glick dissenting in part, arguing that it should have considered the project's contribution to climate change.
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Domestic Natural Gas Rigs Down Two as U.S. Count Pulls Back

Two natural gas rigs exited the patch for the week ended Friday, while a larger drop in oil rigs paced an eight-rig decline in U.S. drilling activity, according to data from Baker Hughes Inc.

ConocoPhillips Eyeing Big Plans for Alaska Willow Prospect

The Willow discovery, a ConocoPhillips prospect in the National Petroleum Reserve in Alaska, may hold up to 750 million boe and could be rich enough to justify constructing a standalone crude oil hub in the region, management said this week.

Sempra Still Positive on Port Arthur LNG Despite Woodside’s Withdrawal

Australia-based Woodside Energy Ltd. has decided not to invest in Sempra Energy's proposed Port Arthur, TX, liquefied natural gas project, but plans are moving forward toward a final investment decision next year, a spokesperson said.
Russia-Natural-Gas-Exports-by-Country-20180720

Wyoming’s Barrasso Proposes Accelerating Natural Gas Exports to NATO Countries

A bill introduced in the Senate Wednesday would give North Atlantic Treaty Organization member countries "an escape from Russia's political...
California-Operational-Power-Plants-20180719

California Eyes Ocean Restoration Where Water-Cooled Gas-Fired Power Plants Operated

A science advisory team in California has outlined a blueprint for ocean water restoration in the offshore areas that were once used to cool coastal natural gas-fired power plants with seawater. The plants were ordered nearly a decade ago by state water authorities to phase out the practice of "once-through-cooling."

Potential Coal, Nuclear Bailout Could Cost $17-35B Annually, Study Indicates

The annual cost to support coal and nuclear plants as proposed by the Trump administration could climb as high as $35 billion, according to a report from The Brattle Group.

August Natural Gas Called Near Even After Storage-Driven Rally

The August natural gas futures contract was set to open Friday near even at around $2.769/MMBtu, holding onto Thursday’s gains as the market continued to digest the implications of this week’s bullish Energy Information Administration (EIA) storage report.
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Natural Gas Futures Rally on Tight EIA Print; Heat Drives SoCal Spot Blowout

Not quite a wake-up call, but government storage data showed an injection well below expectations Thursday, shaking up the...
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Canada Producers Need LNG Exports to Survive Low-Cost U.S. Gas, Says CERI

Only liquefied natural gas exports can prevent a decades-long Canadian production slump in retreat from competition by low-cost U.S. supplies, said a state-of-the-industry review issued Wednesday.

Talos Mississippi Canyon Well in Deepwater Ramps Near Top of Guidance, Ahead of Schedule

Houston-based Talos Energy Inc. said its Mount Providence well in the Gulf of Mexico deepwater has begun producing about two months ahead of schedule, with current gross production of 3,850 boe/d -- near the top of guidance.
NGI-Monthly-Average-Marcellus-NE-PA-Shale-Price-Index-vs-NGI-Daily-Transco-Zone-5-South-NatGas-Price-Index-20180719

1.7 Bcf/d Atlantic Sunrise in Full Service Next Month, Says Williams

Williams Partners LP said late Wednesday construction on the 1.7 Bcf/d Atlantic Sunrise pipeline project is expected to be completed in August, with full service slated to begin by the end of the month.

FERC, PHMSA to Collaborate on LNG Application Reviews, McIntyre Says

Just two days after hinting that FERC could soon have news about improved coordination with other federal entities to speed along pending liquefied natural gas applications, Chairman Kevin McIntyre delivered his scoop.

LaFleur, Glick Shed Light on Recent Dissents in Natural Gas Pipeline Approval Cases

Commissioners Cheryl LaFleur and Richard Glick, the two Democratic members of the five-member FERC, dissented to natural gas pipeline certificates on their agenda Thursday, as they have several times in recent weeks, and shed some light on their reasoning in those cases.

3D"Sign

NGI's Bidweek Alert Day 5 - June 29th for July 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 -- -0.17 to -0.17
Texas Eastern S. TX -- 0.00 to 0.03
Transco Zone 1 -- --
East Texas
Carthage -- -0.1475 to -0.1475
Houston Ship Channel 3.00 to 3.03 --
Katy -- --
NGPL TexOk 2.77 to 2.77 -0.18 to -0.1725
Tennessee Zone 0 North -- --
Texas Eastern E. TX -- -0.10 to -0.10
Transco Zone 2 -- --
West Texas/SE New Mexico
El Paso Permian 1.70 to 2.00 --
Transwestern 1.77 to 1.83 --
Waha 1.71 to 1.80 --
Midwest
Alliance -- --
ANR ML7 -- --
Chicago Citygate 2.72 to 2.84 --
Chicago - Nicor Gas 2.72 to 2.84 --
Chicago - NIPSCO 2.74 to 2.77 --
Chicago - North Shore -- --
Chicago - Peoples 2.74 to 2.75 --
Consumers Energy -- -0.17 to -0.1625
Dawn 2.79 to 2.88 -0.19 to -0.17
Emerson -- -0.435 to -0.41
Joliet -- --
Lebanon -- --
Michigan Consolidated -- -0.19 to -0.17
NGPL Amarillo Mainline -- --
Parkway/Union -- --
REX into ANR - Shelby -- --
REX into MGT - Edgar -- --
REX into NGPL - Moultrie -- --
REX into PEPL - Putnam -- --
REX into Trunk - Douglas -- --
Midcontinent
ANR SW 2.26 to 2.26 -0.76 to -0.68
Enable East -- -0.26 to -0.25
Enable West -- --
NGPL Midcontinent 2.26 to 2.35 -0.65 to -0.65
Northern Border Ventura -- --
Northern Natural Demarc 2.58 to 2.71 --
Northern Natural Ventura 2.59 to 2.70 --
OGT -- -1.20 to -1.20
Panhandle Eastern 2.22 to 2.25 -0.775 to -0.75
Southern Star -- --
North Louisiana/Arkansas
Perryville -- --
Texas Eastern, M1, 24 -- --
Texas Gas Zone 1 -- -0.175 to -0.17
Trunkline Zone 1A -- -0.2375 to -0.22
South Louisiana
ANR SE -- -0.195 to -0.19
Columbia Gulf Mainline -- -0.195 to -0.1475
Columbia Gulf onshore -- --
Florida Gas Zone 2 -- --
Henry Hub -- 0.00 to 0.00
Southern Natural -- -0.0575 to -0.055
Tennessee Line 500 -- -0.075 to -0.07
Tennessee Line 800 -- -0.10 to -0.095
Texas Eastern E. LA -- -0.11 to -0.11
Texas Eastern W. LA -- --
Texas Gas Zone SL -- --
Transco Zone 3 -- -0.05 to -0.04
Trunkline E. LA -- --
Trunkline W. LA -- --
Southeast
FGT Citygate -- --
Florida Gas Zone 3 -- 0.02 to 0.02
Texas Eastern M-1, 30 -- -0.1325 to -0.125
Transco Zone 4 -- -0.0375 to -0.03
Transco Zone 5 -- 0.075 to 0.085
Transco Zone 5 North -- --
Transco Zone 5 South -- 0.075 to 0.085
Appalachia
Columbia Gas 2.77 to 2.81 -0.1975 to -0.185
Dominion North -- -0.67 to -0.64
Dominion South -- -0.67 to -0.6325
Leidy Hub -- --
Millennium East Pool -- -0.84 to -0.80
Tenn Zone 4 200L -- -0.36 to -0.335
Tennessee Zn 4 313 Pool -- -0.46 to -0.45
Tennessee Zn 4 Marcellus -- -0.91 to -0.85
Texas Eastern M-2, 30 Delivery -- --
Texas Eastern M-2, 30 Receipt -- -0.69 to -0.66
Texas Eastern M-3, Delivery -- -0.58 to -0.55
Texas Eastern M-3, Receipt -- --
Transco-Leidy Line -- -0.93 to -0.75
Northeast
Algonquin Citygate -- -0.26 to -0.125
Algonquin Citygate (non-G) -- -0.26 to -0.125
Algonquin Receipts -- --
Iroquois Zone 2 -- -0.14 to -0.09
Iroquois, Waddington -- --
Niagara -- -0.30 to -0.30
Tenn Zone 5 200L -- --
Tenn Zone 5 300L -- --
Tenn Zone 6 200L -- -0.175 to -0.13
Tenn Zone 6 300L -- --
Transco Zone 6 non-NY -- -0.14 to -0.06
Transco Zone 6 non-NY North -- -0.14 to -0.06
Transco Zone 6 non-NY South -- --
Transco Zone 6 NY -- -0.125 to -0.125
Rocky Mountains
Cheyenne Hub 2.19 to 2.23 --
CIG -- --
CIG DJ Basin -- --
El Paso Bondad -- --
El Paso non-Bondad 2.11 to 2.15 --
Kern River 2.30 to 2.30 --
Kingsgate -- --
Northwest S. of Green River -- --
Northwest Sumas 1.67 to 1.83 --
Northwest Wyoming Pool 2.21 to 2.22 --
Opal 2.20 to 2.33 --
Questar -- --
Stanfield -- --
Transwestern San Juan 2.14 to 2.16 --
White River Hub -- --
Arizona/Nevada
El Paso S. Mainline/N. Baja -- --
Kern Delivery 2.76 to 2.95 --
California
Malin 2.26 to 2.37 --
PG&E Citygate 2.93 to 3.02 --
SoCal Citygate 3.71 to 4.26 --
Southern Border, PG&E 2.24 to 2.35 --
Southern Border, SoCal 2.10 to 2.85 --
SoCal Border Avg. 2.10 to 2.85 --
Canada
Empress -- --
NOVA/AECO C 1.34 to 1.52 --
Westcoast Station 2 1.28 to 1.35 --
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.