Story of the Day

FERC Kennels Rover Pipeline’s Request to Finish Creek Crossings in Ohio, West Virginia
Daily GPI
FERC has denied giving Rover Pipeline LLC permission to finish horizontal directional drilling (HDD) at two sites critical to laterals in Ohio and... Read More
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NGI's Daily Gas Price Index

May 25, 2017

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NatGas Futures, Cash Inch Lower; Storage Receives Bearish Injection News

Physical natural gas for delivery Friday slipped lower in Thursday's trading, with robust losses in the Northeast as well as softness in Appalachia and the Midwest offsetting modest strength in the Midcontinent, California, and the Rockies. The NGI National Spot Gas Average fell 1 cent to $2.92.

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OFS In-Depth Part 2: Pressure Pumping, Sand Demand Growth Tempered by Uncertain NatGas Price Forecast

High-tech, so-called “super-spec” rigs are sold out, and the availability of completion crews is starting to concern some producers about meeting the 2018 targets they set out for investors. But given the availability in bringing online idled rigs and major service companies’ confidence in staffing, there is some wiggle room when it comes to future growth.
proposed_transco_atlantic_sunrise_project-20130812

Pennsylvania Regulators Taking Final Steps on Key Atlantic Sunrise Permits

The Pennsylvania Department of Environmental Protection is launching a public comment period on Saturday and will hold four public hearings next month on the earth disturbance and water-crossing permit applications submitted by Transcontinental Gas Pipe Line Co. LLC for the Atlantic Sunrise natural gas pipeline project.

NOAA Expects Above-Normal Atlantic Hurricane Season

The 2017 Atlantic hurricane season, which officially begins June 1, is likely to have above-normal activity, according to forecasters at the National Oceanic and Atmospheric Administration's Climate Prediction Center.

Trump's FERC, DOE Nominees Welcomed by Senate Committee

There was little controversy and plenty of goodwill for a trio of Trump administration nominees to FERC and the Department of Energy (DOE) Thursday when they appeared at a hearing of the Senate Committee on Energy and Natural Resources.

Proposed_Rover_NatGas_Pipeline_Map-20150413-1-1-1-11

FERC Kennels Rover Pipeline’s Request to Finish Creek Crossings in Ohio, West Virginia

FERC has denied giving Rover Pipeline LLC permission to finish horizontal directional drilling (HDD) at two sites critical to laterals in Ohio and...
EIAStorage0519

NatGas Futures Drifting Lower Following Plump Storage Build

June futures slipped lower on Thursday morning after the Energy Information Administration (EIA) reported a storage injection for the week ended May 19 that was slightly greater...

Mexico Poised to Draw Deeply From Dry Gas Eagle Ford Shale

Production from the dry gas Eagle Ford Shale, particularly in Webb County, TX, has skyrocketed, and so has Mexico's gas demand. That would sound like an opportunity to anyone.

Congress Considering Pushback of 'Sue-and-Settle' Environmental Tactics

Industry and environmental advocates disagreed sharply on Wednesday during a Congressional subcommittee hearing in Washington, DC, about an increasingly common practice of environmental legal settlements morphing into de facto regulation.

Traders Await Supportive Storage Stats; June Called A Penny Higher

June natural gas is set to open a penny higher Thursday morning at $3.22 as traders put the pencil to expected government storage figures that are anticipated to show a continuing tight market relative to longer-term historical averages. Overnight oil markets eased.
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NatGas Cash, Futures Flip Flop; Cash Tumbles, But June Down Only A Penny

Natural gas cash and futures reversed roles from Tuesday's trading on Wednesday, with the physical market for Thursday delivery plunging and spot June futures easing just a bit. In the physical market only one point followed by NGI made it to positive territory and the NGI National Spot Gas Average fell by 10 cents to $2.93.
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OFS In-Depth Part 1: Rising Costs May Lead to Volatile Oil, Natural Gas Production Growth

While many producers have been expecting a rise in oilfield service costs (including, but not limited to the cost of rigs, pressure pumping and transportation) of around 10-15% from 2016 levels, some analysts are saying actual costs in 2017 could come in more than 20% higher and up to 30% higher from 2016 levels in 2018.

Some Energy Producing State Officials, Industry Alarmed by Trump’s Proposed Budget

One day after President Trump sent a $4.1 trillion budget proposal to Congress, opposition to all or parts of the budget plan was beginning to form among elected officials both in Washington, DC, and in several energy producing states.

FERC's Approval of Leidy Southeast Project Upheld by Appeals Court

The U.S. Court of Appeals for the District of Columbia Circuit has turned away a lawsuit filed by the Delaware Riverkeeper Network to block FERC's December 2014 approval of the Transcontinental Gas Pipe Line Leidy Southeast expansion.
Monthly-US-Natural-Gas-Export-to-Mexico-via-Pipeline-and-LNG-20170524

Mexico Streamlining Upstream Auctions, Pursuing Natural Gas Storage

As Mexico proceeds with upstream and midstream natural gas reform, demand for gas continues growing and domestic supply...

3D"Sign

NGI's Bidweek Alert Day 2 - May 25 for June 2017
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 -- -0.08 to -0.08
Tennessee Zone 0 South -- -0.17 to -0.16
Texas Eastern S. TX -- -0.015 to -0.015
Transco Zone 1 -- -0.075 to -0.0725
East Texas
Carthage -- -0.13 to -0.13
Houston Ship Channel 3.31 to 3.34 --
Katy -- 0.095 to 0.095
NGPL TexOk -- -0.1525 to -0.1525
Tennessee Zone 0 North -- --
Texas Eastern E. TX -- --
Transco Zone 2 -- --
West Texas/SE New Mexico
El Paso Permian 2.74 to 2.83 --
Transwestern 2.78 to 2.78 --
Waha 2.79 to 2.82 --
Midwest
Alliance -- --
ANR ML7 -- --
Chicago Citygate 3.07 to 3.11 --
Chicago - Nicor Gas 3.07 to 3.11 --
Chicago - NIPSCO 3.07 to 3.10 --
Chicago - North Shore -- --
Chicago - Peoples 3.07 to 3.08 --
Consumers Energy -- -0.045 to -0.0225
Dawn -- -0.02 to 0.005
Emerson -- -0.385 to -0.25
Joliet -- --
Lebanon -- --
Michigan Consolidated -- -0.08 to -0.055
NGPL Amarillo Mainline 2.94 to 2.94 --
Parkway/Union -- -0.01 to -0.005
REX into ANR - Shelby -- --
REX into MGT - Edgar -- -0.18 to -0.18
REX into NGPL - Moultrie -- -0.15 to -0.15
REX into PEPL - Putnam -- -0.18 to -0.18
REX into Trunk - Douglas -- --
Midcontinent
ANR SW 2.84 to 2.86 -0.35 to -0.35
Enable East -- --
Enable West -- --
NGPL Midcontinent 2.90 to 2.92 -0.285 to -0.285
Northern Border Ventura -- --
Northern Natural Demarc 2.93 to 3.00 --
Northern Natural Ventura 2.92 to 2.97 --
OGT -- -0.405 to -0.38
Panhandle Eastern 2.79 to 2.81 -0.40 to -0.37
Southern Star 2.82 to 2.82 -0.39 to -0.39
North Louisiana/Arkansas
Perryville -- -0.10 to -0.10
Texas Eastern, M1, 24 -- --
Texas Gas Zone 1 -- --
Trunkline Zone 1A -- -0.1275 to -0.12
South Louisiana
ANR SE -- --
Columbia Gulf Mainline -- -0.1225 to -0.1225
Columbia Gulf onshore -- --
Florida Gas Zone 2 -- --
Henry Hub -- --
Southern Natural -- --
Tennessee Line 500 -- -0.0925 to -0.09
Tennessee Line 800 -- --
Texas Eastern E. LA -- --
Texas Eastern W. LA -- --
Texas Gas Zone SL -- --
Transco Zone 3 -- -0.06 to -0.06
Trunkline E. LA -- --
Trunkline W. LA -- --
Southeast
FGT Citygate -- --
Florida Gas Zone 3 -- -0.03 to -0.025
Texas Eastern M-1, 30 -- --
Transco Zone 4 -- -0.0625 to -0.06
Transco Zone 5 -- -0.16 to -0.16
Transco Zone 5 North -- -0.16 to -0.16
Transco Zone 5 South -- --
Appalachia
Columbia Gas -- -0.1825 to -0.1725
Dominion North -- -0.565 to -0.56
Dominion South -- -0.5525 to -0.525
Leidy Hub -- --
Millennium East Pool -- --
Tenn Zone 4 200L -- -0.39 to -0.38
Tennessee Zn 4 313 Pool -- -0.46 to -0.43
Tennessee Zn 4 Marcellus -- -0.67 to -0.67
Texas Eastern M-2, 30 Delivery -- --
Texas Eastern M-2, 30 Receipt -- -0.57 to -0.555
Texas Eastern M-3, Delivery -- -0.49 to -0.48
Texas Eastern M-3, Receipt -- --
Transco-Leidy Line -- -0.61 to -0.59
Northeast
Algonquin Citygate -- -0.17 to -0.105
Algonquin Citygate (non-G) -- -0.17 to -0.105
Algonquin Receipts -- --
Iroquois Zone 2 -- -0.09 to -0.08
Iroquois, Waddington -- -0.10 to -0.10
Niagara -- --
Tenn Zone 5 200L -- --
Tenn Zone 5 300L -- --
Tenn Zone 6 200L -- --
Tenn Zone 6 300L -- --
Transco Zone 6 non-NY -- -0.33 to -0.315
Transco Zone 6 non-NY North -- -0.33 to -0.315
Transco Zone 6 non-NY South -- --
Transco Zone 6 NY -- -0.34 to -0.32
Rocky Mountains
Cheyenne Hub 2.77 to 2.83 --
CIG 2.80 to 2.85 --
CIG DJ Basin 2.75 to 2.77 --
El Paso Bondad -- --
El Paso non-Bondad 2.75 to 2.76 --
Kern River 2.86 to 2.86 --
Kingsgate 2.57 to 2.59 --
Northwest S. of Green River -- --
Northwest Sumas 2.68 to 2.70 --
Northwest Wyoming Pool -- --
Opal 2.82 to 2.86 --
Questar -- --
Stanfield -- --
Transwestern San Juan 2.81 to 2.82 --
White River Hub 2.80 to 2.80 --
Arizona/Nevada
El Paso S. Mainline/N. Baja -- --
Kern Delivery -- --
California
Malin 2.88 to 2.92 --
PG&E Citygate 3.39 to 3.46 --
SoCal Citygate 3.26 to 3.32 --
Southern Border, PG&E 2.95 to 2.96 --
Southern Border, SoCal 2.92 to 3.04 --
SoCal Border Avg. 2.92 to 3.04 --
Canada
Empress 2.88 to 3.01 --
NOVA/AECO C 2.80 to 2.88 --
Westcoast Station 2 -- --