Story of the Day

Schlumberger North American Ops Accelerate, but Warns Capacity Constraints to Stall Growth in Permian and Beyond
Shale Daily
The world’s largest oilfield services operator Schlumberger Ltd. reported improvements almost across the board during the second quarter for its land and offshore... Read More
Weekly-permian-oil-and-gas-drilling-rig-count-20180720

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NGI's Shale Daily

July 20, 2018

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Constitution Pipeline Denied FERC Rehearing

In still another setback for Constitution Pipeline Co. LLC, FERC has rejected the company's request for a rehearing of a decision earlier this year in which the Commission found that New York regulators did not waive their authority by failing to issue a water quality certification (WQC) within a reasonable period of time.

Texas Upstream Jobs Soar in June, Climb by 4,800

Texas oil and natural gas companies added 4,800 upstream jobs in June, marking the 19th consecutive month of job growth, according to data from the Texas Workforce Commission (TWC).

Rice Midstream Unitholders Approve Merger With EQT Midstream

Unitholders of Rice Midstream Partners LP (RMP) have overwhelmingly approved a merger with EQT Midstream Partners LP (EQM) in the final step to combine the companies.
sdbaker0720

U.S. Rig Count Pulls Back as Oil Leads Decline, Says BHI

The United States saw eight rigs, most of them oil-directed, exit the patch for the week ended Friday, including declines in Texas and Louisiana, according to data from Baker Hughes Inc.
Weekly-Permian-Oil-and-Gas-Drilling-Rig-Count-20180720

Schlumberger North American Ops Accelerate, but Warns Capacity Constraints to Stall Growth in Permian and Beyond

The world’s largest oilfield services operator Schlumberger Ltd. reported improvements almost across the board during the second quarter for its land and offshore...
Annual-PEMEX-Production-of-Petroleum-Products-20180717

Mexico Called ‘Successful Example’ of Energy Reform Boosting Investment

The International Energy Agency praised Mexico’s 2013 energy reform as a model for the world to follow in a new report.

Brief -- US Methanol

Independence-Contract-Drilling-and-Sidewinder-Drilling-Pro-Forma-Operating-Footprint-20180719.png

ICD, Sidewinder Combining U.S. Land-Based Drilling Fleets

Houston-based Independence Contract Drilling Inc. (ICD) on Thursday said it would merge with...

SM Energy Says 2Q Permian Production Better Than Expected

Denver-based independent SM Energy Co., focused mostly on Texas, reported higher than expected production and improved well performance from the Permian Basin and its Midland sub-basin during 2Q2018, while output from the Eagle Ford Shale also ticked upward.
NGI-Monthly-Average-Marcellus-NE-PA-Shale-Price-Index-vs-NGI-Daily-Transco-Zone-5-South-NatGas-Price-Index-20180719.png

Atlantic Sunrise Eyes August for Full Ramp Up to Carry More Marcellus Gas

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.

Oil, Gas Industry Frustrated by Rejections to Steel Tariff Exemptions; Permian Pipeline Affected

Officials with the American Petroleum Institute said their member oil and gas companies are frustrated with the process that the Trump administration established to request exemptions to tariffs on imported steel, with several petitions -- including one for a pipeline to service the booming Permian Basin -- already rejected on vague grounds.

Colorado Governor Addresses Orphan Well Safety in Wake of 2017 Home Explosion

Colorado Gov. John Hickenlooper on Wednesday signed an executive order to address safety concerns surrounding 260 orphan wells and 360 orphan sites, a direct result of the review ordered last year following a flowline explosion that killed two people in Firestone, CO.

CNX Cancels Plans for Pipeline to Gather Natural Gas from Deep Utica Test Pad

CNX Resources Corp. has stopped construction and canceled plans for a pipeline that would have served a multi-well pad in Indiana County, PA, where the company was testing a deep Utica Shale well to delineate the formation in the western part of the state.

San Francisco Judge Rejects Calls to Move Fracking Lawsuits to Wyoming

A federal district court judge in San Francisco has denied motions by the Trump administration and the oil and gas industry to move a pair of lawsuits concerning an Obama-era rule governing hydraulic fracturing on public and tribal lands to more friendly territory -- a district court in Wyoming.

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.