Story of the Day

With Alberta Contract, TransCanada Targeting 2019 to Advance Keystone Exports
Shale Daily
TransCanada Corp. on Thursday set a target of 2019 for starting construction on its hotly... Read More
Keystone-pipeline-system-201711171

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NGI's Shale Daily

January 19, 2018

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Constitution Taking Natural Gas Pipeline Fight to U.S. Supreme Court

Constitution Pipeline Co. LLC is refusing to back down in its saga to get its beleaguered 124-mile natural gas pipeline approved and has petitioned the U.S. Supreme Court to review an appeals court ruling in August against the project.

BLM, States, Industry Fighting Natural Gas Venting/Flaring Lawsuits

The Bureau of Land Management (BLM) is pushing back against efforts in federal district court to derail the Trump administration's decision to postpone the compliance dates for rules governing associated natural gas flaring and venting on public and tribal lands, calling the rules suspension "a commonsense, time-limited solution to a practical problem."

Antero Again Committing to Double-Digit Appalachian Production Growth

Antero Resources Corp. on Thursday said the “significant capital efficiencies” achieved in recent years are allowing it to target double-digit production growth through 2022 and slice $2.9 billion from a previous capital spending forecast for the period.
Keystone-Pipeline-System-201711171.png

With Alberta Contract, TransCanada Targeting 2019 to Advance Keystone Exports

TransCanada Corp. on Thursday set a target of 2019 for starting construction on its hotly...
Top-25-Operators-by-Unconventional-Wells-Drilled-in-Pennsylvania-20180118

Pennsylvania Slaps Now-Defunct ECA with $1.7M Fine

The Pennsylvania Department of Environmental Protection this week said it has collected a $1.7 million fine from the now-defunct Energy Corporation of America for violations at 17 unconventional well sites in Greene and Clearfield counties.

Linn Raises 4Q Production Guidance While Onshore Asset Sales Continue

One day after announcing plans to sell its stake in a Utah oilfield for $132 million, Linn Energy Inc. on Wednesday raised its 4Q2017 production guidance and said operating costs are trending lower.
Average-Annual-Bloomberg-Calculated-ROIC-vs-WACC-for-Selected-E-and-P-Companies-20180117

No One-Size-Fits-All Approach Expected in 2018 as E&Ps Eye Capital Discipline

After more than a decade of excessive spending to grow oil and natural gas production, onshore exploration and production companies...
Annual-EXCO-Resources-Oil-and-Gas-Production-20180117

Exco Resources Files For Chapter 11 Protection

Exco Resources Inc. has voluntarily filed for bankruptcy protection as it looks to reorganize and strengthen its balance sheet.

ExxonMobil, MagnaBond Collaborating on Well Integrity Technology

ExxonMobil Upstream Research Co. has signed a three-year joint agreement with MagnaBond LLC to develop technologies that could enhance cost-effective evaluation of well cementing, casing and tubing. 

North Dakota Reports Better Oil Prices, Production

North Dakota rolled into this winter's freeze on a high for both production and prices, but state officials said Tuesday oil price downside risks are expected to last through the year, after the Organization of the Petroleum Exporting Countries extended production cuts.

Rover0116

Upward Trend in Oil, Natural Gas Production from Big Seven to Continue in February, EIA Says

The seemingly inexorable upward trend of oil and natural gas production from the seven most prolific U.S...

Early Strength of U.S. Land Permitting Potentially a Tell-Tale Sign of Higher Rig Count

With West Texas Intermediate crude oil prices charging toward $70/bbl, concerns are overblown that the U.S. rig count will slow, according to Evercore ISI.
Rover0116

Ohio EPA Requests Daily Updates on Rover’s Second Tuscarawas HDD

The Ohio Environmental Protection Agency has requested daily updates on Rover Pipeline LLC's latest horizontal directional drill under the Tuscarawas River, citing "significant concerns" over a potential repeat of a major spill that occurred there last April.

USA Compression Doubling Horsepower, Onshore Reach in $1.8B Energy Transfer Deal

USA Compression Partners LP (USAC), which treats and transports natural gas in the U.S. onshore, is expanding its reach and doubling its horsepower in an estimated $1.8 billion deal with Energy Transfer Partners LP.
Mountaineer-NGL-Storage-Location-20170616

Unexpected Regulatory Delays Hinder Ohio NGL Storage Project

A closely watched project that would be Appalachia’s first to store natural gas liquids in underground salt caverns...

3D"Sign

NGI's Bidweek Alert Day 5 - December 29 for January 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 -- -0.07 to -0.07
Tennessee Zone 0 South -- -0.12 to -0.12
Texas Eastern S. TX -- -0.08 to -0.08
Transco Zone 1 -- -0.06 to -0.05
East Texas
Carthage -- -0.13 to -0.13
Houston Ship Channel 2.62 to 2.69 --
Katy -- --
NGPL TexOk 2.57 to 2.57 -0.175 to -0.165
Tennessee Zone 0 North -- --
Texas Eastern E. TX -- --
Transco Zone 2 -- --
West Texas/SE New Mexico
El Paso Permian 2.11 to 2.62 --
Transwestern 2.27 to 2.35 --
Waha 2.29 to 2.31 --
Midwest
Alliance -- --
ANR ML7 -- --
Chicago Citygate 2.79 to 3.79 --
Chicago - Nicor Gas 2.86 to 3.59 --
Chicago - NIPSCO 2.79 to 3.79 --
Chicago - North Shore -- --
Chicago - Peoples 3.04 to 3.54 --
Consumers Energy -- 0.035 to 0.06
Dawn 3.40 to 3.78 0.19 to 0.35
Emerson -- 0.12 to 0.28
Joliet -- --
Lebanon -- -0.10 to -0.095
Michigan Consolidated 2.85 to 3.00 -0.065 to -0.04
NGPL Amarillo Mainline -- --
Parkway/Union -- --
REX into ANR - Shelby -- -0.0925 to -0.0875
REX into MGT - Edgar -- -0.09 to -0.09
REX into NGPL - Moultrie -- -0.09 to -0.09
REX into PEPL - Putnam -- -0.095 to -0.095
REX into Trunk - Douglas -- --
Midcontinent
ANR SW 2.38 to 2.87 -0.29 to -0.27
Enable East 2.77 to 2.77 -0.20 to -0.20
Enable West -- --
NGPL Midcontinent 2.34 to 2.40 --
Northern Border Ventura -- --
Northern Natural Demarc 2.70 to 3.20 0.03 to 0.04
Northern Natural Ventura 2.87 to 5.00 --
OGT 2.53 to 2.60 -0.55 to -0.55
Panhandle Eastern 2.32 to 2.82 -0.345 to -0.34
Southern Star 2.38 to 2.81 --
North Louisiana/Arkansas
Perryville -- --
Texas Eastern, M1, 24 -- --
Texas Gas Zone 1 -- -0.12 to -0.11
Trunkline Zone 1A -- -0.12 to -0.12
South Louisiana
ANR SE -- -0.095 to -0.085
Columbia Gulf Mainline -- -0.135 to -0.1175
Columbia Gulf onshore -- --
Florida Gas Zone 2 -- --
Henry Hub -- 0.0025 to 0.005
Southern Natural -- -0.0675 to -0.06
Tennessee Line 500 -- -0.065 to -0.06
Tennessee Line 800 -- -0.0875 to -0.0825
Texas Eastern E. LA -- -0.095 to -0.07
Texas Eastern W. LA -- --
Texas Gas Zone SL -- --
Transco Zone 3 -- -0.025 to -0.01
Trunkline E. LA -- --
Trunkline W. LA -- --
Southeast
FGT Citygate -- --
Florida Gas Zone 3 -- -0.0225 to -0.02
Texas Eastern M-1, 30 -- --
Transco Zone 4 -- -0.0325 to 0.00
Transco Zone 5 -- 2.30 to 3.15
Transco Zone 5 North -- --
Transco Zone 5 South -- 2.30 to 3.15
Appalachia
Columbia Gas -- -0.24 to -0.19
Dominion North -- -0.475 to -0.455
Dominion South -- -0.48 to -0.435
Leidy Hub -- --
Millennium East Pool -- -0.50 to -0.44
Tenn Zone 4 200L -- -0.24 to -0.125
Tennessee Zn 4 313 Pool -- --
Tennessee Zn 4 Marcellus -- -0.62 to -0.57
Texas Eastern M-2, 30 Delivery -- --
Texas Eastern M-2, 30 Receipt -- -0.485 to -0.445
Texas Eastern M-3, Delivery -- 1.70 to 2.80
Texas Eastern M-3, Receipt -- --
Transco-Leidy Line -- -0.53 to -0.45
Northeast
Algonquin Citygate -- 8.50 to 10.25
Algonquin Citygate (non-G) -- 8.50 to 10.25
Algonquin Receipts -- --
Iroquois Zone 2 -- 3.60 to 4.60
Iroquois, Waddington -- 2.22 to 3.10
Niagara -- --
Tenn Zone 5 200L -- --
Tenn Zone 5 300L -- --
Tenn Zone 6 200L -- 9.50 to 9.50
Tenn Zone 6 300L -- --
Transco Zone 6 non-NY -- 2.30 to 3.25
Transco Zone 6 non-NY North -- 2.30 to 3.25
Transco Zone 6 non-NY South -- --
Transco Zone 6 NY -- 4.50 to 5.40
Rocky Mountains
Cheyenne Hub 2.42 to 2.70 --
CIG 2.39 to 2.47 --
CIG DJ Basin 2.25 to 2.34 --
El Paso Bondad -- --
El Paso non-Bondad 2.35 to 2.80 --
Kern River -- --
Kingsgate -- --
Northwest S. of Green River -- --
Northwest Sumas 2.79 to 3.06 --
Northwest Wyoming Pool -- --
Opal 2.51 to 2.80 --
Questar -- --
Stanfield -- --
Transwestern San Juan 2.41 to 2.54 --
White River Hub 2.70 to 2.70 --
Arizona/Nevada
El Paso S. Mainline/N. Baja -- --
Kern Delivery 2.90 to 2.90 --
California
Malin 2.55 to 2.80 --
PG&E Citygate 2.80 to 2.93 --
SoCal Citygate 3.73 to 4.10 --
Southern Border, PG&E -- --
Southern Border, SoCal 2.87 to 3.04 --
SoCal Border Avg. 2.87 to 3.04 --
Canada
Empress -- --
NOVA/AECO C 1.83 to 2.19 --
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.