Story of the Day

Taproot’s Midstream Buildout Tapping into Colorado’s Growing DJ Production
Shale Daily
An affiliate of Denver-based Taproot Energy Partners LLC has secured agreements to expand a multi-product... Read More
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NGI's Shale Daily

September 19, 2018

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Biogas Producer Sees RNG Gold in Kansas, Proposes $100M Complex

A Michigan-based biogas producer with European ties thinks there is gold in the agricultural waste of Kansas, where it is proposing to build a $100 million production complex in the heart of the Heartland to produce renewable natural gas (RNG).

Interior Moves to Rescind Most of Venting/Flaring Rule; Two States Sue

The Department of Interior (DOI) moved Tuesday to rescind most of an Obama-era rule governing associated natural gas flaring and venting on public and tribal lands while revising the remaining provisions, calling the parts of the rule marked for rescission "unnecessarily burdensome" for the oil and gas industry.
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Taproot’s Midstream Buildout Tapping into Colorado’s Growing DJ Production

An affiliate of Denver-based Taproot Energy Partners LLC has secured agreements to expand a multi-product...

Permian Explorer Tall City Ropes $500M From Warburg

Midland, TX-based Tall City Exploration III LLC, an exploration and production (E&P) company focused on the Permian Basin and backed by Warburg Pincus, said it has secured financing of up to $500 million from funds affiliated with the equity giant to pursue bolt-on opportunities in the basin.

Oryx Moving Ahead to Expand Crude Takeaway in Permian Delaware

Oryx Midstream Services said Tuesday it has successfully completed an open season for a new regional crude oil gathering and transportation system to serve the Permian Basin’s liquids-rich Delaware formation, which runs through West Texas and into southeastern New Mexico.

Mexico’s E&P Direction Uncertain on AMLO, Advisers’ Mixed Signals

Mexican President-Elect Andrés Manuel López Obrador and his chief of staff are sending conflicting messages on energy policy, a recurring theme throughout the campaign that has continued since the former’s landslide July 1 election.
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Another 22 Bcf/d Lower 48 Supply Growth Forecast by 2023

Going back to last year, natural gas production forecasts based on drilling fundamentals missed key signals...

Linn to Cease Trading in Reorganization with Roan Entities

Roan Resources Inc., newly formed by Linn Energy Inc., Roan Holdings LLC and Roan LLC, expects to begin trading over the counter by the end of the month as a pure-play Oklahoma explorer.

Brief -- Drillinginfo Buys Oildex

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North Dakota Sets All-Time Crude Output Record; Natural Gas a Record, Too

North Dakota set production records for crude oil and natural gas in July, but gas storage programs are on the to-do list to curb flaring and increase gas captured at the wellhead.

Natural Gas Production From Key U.S. Plays to Surpass 73 Bcf/d in October, Says EIA

Production from the seven most prolific U.S. onshore unconventional plays -- the Anadarko, Appalachian and Permian basins, and the Bakken, Eagle Ford, Haynesville and Niobrara formations -- in October will continue an upward swing that began 22 months ago, with natural gas output forecast to reach 73.01 Bcf/d and oil an estimated 7.59 million b/d, according to the U.S. Energy Information Administration (EIA).

FERC Clears ACP to Resume Construction

FERC on Monday lifted a stop work order it issued more than a month ago for the Atlantic Coast Pipeline (ACP), clearing the way for construction to restart along the 600-mile route.
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E&P ‘Specialists’ Finding Value in Smaller Focus, but For How Long?

Oil and natural gas production specialization, i.e. focusing on one area or play, is enabling operators in...
MXShale121

López Obrador's Fracking Ban Threats Spur Mexican Business Leaders to Seek Review

Business leaders in Mexico’s northern Gulf state of Tamaulipas fear that a potential ban on hydraulic fracturing used in unconventional oil and natural gas drilling could doom their economically depressed region to a future of more poverty and crime.
sdbaker0914

More Oil Rigs Raised in U.S Onshore as Count Pushes Higher

The United States netted seven rigs -- all of them oil-directed -- for the week ended Sept. 14, including gains in Louisiana, Colorado...

3D"Sign

NGI's Bidweek Alert Day 5 - August 31st for September 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 -- -0.125 to -0.12
Texas Eastern S. TX -- 0.01 to 0.0225
Transco Zone 1 -- -0.05 to -0.04
East Texas
Carthage -- -0.155 to -0.135
Houston Ship Channel 2.94 to 2.95 0.085 to 0.10
Katy -- 0.07 to 0.07
NGPL TexOk -- -0.17 to -0.135
Tennessee Zone 0 North -- --
Texas Eastern E. TX -- -0.08 to -0.08
Transco Zone 2 -- --
West Texas/SE New Mexico
El Paso Permian 1.37 to 1.87 --
Transwestern 1.40 to 1.47 --
Waha 1.20 to 1.35 --
Midwest
Alliance -- -0.185 to -0.185
ANR ML7 -- --
Chicago Citygate 2.70 to 2.79 --
Chicago - Nicor Gas 2.70 to 2.79 --
Chicago - NIPSCO -- --
Chicago - North Shore -- --
Chicago - Peoples 2.71 to 2.76 --
Consumers Energy -- 0.00 to 0.0075
Dawn 2.88 to 2.97 -0.015 to 0.0175
Emerson -- -0.18 to -0.16
Joliet -- -0.185 to -0.185
Lebanon -- --
Michigan Consolidated 2.87 to 2.87 -0.045 to -0.01
NGPL Amarillo Mainline -- --
Parkway/Union -- 0.015 to 0.015
REX into ANR - Shelby -- -0.17 to -0.1625
REX into MGT - Edgar -- -0.165 to -0.165
REX into NGPL - Moultrie -- -0.1675 to -0.165
REX into PEPL - Putnam -- --
REX into Trunk - Douglas -- --
Midcontinent
ANR SW 2.22 to 2.22 -0.67 to -0.62
Enable East -- -0.26 to -0.23
Enable West -- --
NGPL Midcontinent 2.22 to 2.24 --
Northern Border Ventura -- --
Northern Natural Demarc 2.64 to 2.75 --
Northern Natural Ventura 2.65 to 2.75 --
OGT 1.56 to 1.56 -1.35 to -1.33
Panhandle Eastern -- -0.68 to -0.65
Southern Star -- --
North Louisiana/Arkansas
Perryville -- --
Texas Eastern, M1, 24 -- --
Texas Gas Zone 1 -- -0.13 to -0.125
Trunkline Zone 1A -- -0.165 to -0.1575
South Louisiana
ANR SE -- -0.12 to -0.115
Columbia Gulf Mainline -- -0.1375 to -0.13
Columbia Gulf onshore -- -0.105 to -0.105
Florida Gas Zone 2 -- --
Henry Hub -- 0.0025 to 0.0025
Southern Natural -- -0.065 to -0.055
Tennessee Line 500 -- -0.0625 to -0.06
Tennessee Line 800 -- -0.08 to -0.0775
Texas Eastern E. LA -- -0.075 to -0.075
Texas Eastern W. LA -- --
Texas Gas Zone SL -- --
Transco Zone 3 -- -0.04 to -0.0325
Trunkline E. LA -- --
Trunkline W. LA -- --
Southeast
FGT Citygate -- --
Florida Gas Zone 3 -- --
Texas Eastern M-1, 30 -- -0.09 to -0.09
Transco Zone 4 -- -0.035 to -0.025
Transco Zone 5 -- 0.03 to 0.07
Transco Zone 5 North -- --
Transco Zone 5 South -- 0.03 to 0.07
Appalachia
Columbia Gas -- -0.25 to -0.215
Dominion North -- -0.43 to -0.4275
Dominion South -- -0.46 to -0.375
Leidy Hub -- --
Millennium East Pool -- -0.50 to -0.46
Tenn Zone 4 200L -- -0.21 to -0.19
Tennessee Zn 4 313 Pool -- -0.28 to -0.28
Tennessee Zn 4 Marcellus -- -0.525 to -0.48
Texas Eastern M-2, 30 Delivery -- --
Texas Eastern M-2, 30 Receipt -- -0.45 to -0.40
Texas Eastern M-3, Delivery -- -0.35 to -0.28
Texas Eastern M-3, Receipt -- --
Transco-Leidy Line -- -0.44 to -0.415
Northeast
Algonquin Citygate -- 0.05 to 0.08
Algonquin Citygate (non-G) -- 0.05 to 0.08
Algonquin Receipts -- --
Iroquois Zone 2 -- 0.03 to 0.04
Iroquois, Waddington -- 0.00 to 0.05
Niagara -- --
Tenn Zone 5 200L -- --
Tenn Zone 5 300L -- --
Tenn Zone 6 200L -- 0.02 to 0.02
Tenn Zone 6 300L -- --
Transco Zone 6 non-NY -- -0.23 to -0.20
Transco Zone 6 non-NY North -- -0.23 to -0.20
Transco Zone 6 non-NY South -- --
Transco Zone 6 NY -- --
Rocky Mountains
Cheyenne Hub 2.26 to 2.28 --
CIG 2.22 to 2.23 --
CIG DJ Basin -- --
El Paso Bondad -- --
El Paso non-Bondad 2.14 to 2.17 --
Kern River 2.26 to 2.31 --
Kingsgate 2.15 to 2.15 --
Northwest S. of Green River 2.17 to 2.18 --
Northwest Sumas 2.00 to 2.15 --
Northwest Wyoming Pool -- --
Opal 2.27 to 2.38 --
Questar -- --
Stanfield -- --
Transwestern San Juan 2.15 to 2.19 --
White River Hub 2.25 to 2.25 --
Arizona/Nevada
El Paso S. Mainline/N. Baja -- --
Kern Delivery 3.10 to 3.10 --
California
Malin 2.34 to 2.40 --
PG&E Citygate 3.17 to 3.21 --
SoCal Citygate 4.67 to 5.52 --
Southern Border, PG&E 2.20 to 2.28 --
Southern Border, SoCal 2.24 to 2.98 --
SoCal Border Avg. 2.24 to 2.98 --
Canada
Empress -- --
NOVA/AECO C 0.74 to 1.15 --
Westcoast Station 2 0.91 to 1.00 --
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.