Story of the Day

South Texas Eagle Ford Seeing Rigs, Jobs Returning
Shale Daily
Eagle Ford Shale activity bottomed in 2016 and since has turned the corner, as more rigs are raised and activity is escalating... Read More
Weekly-eagle-ford-drilling-rig-count-20170622

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NGI's Shale Daily

June 23, 2017

'Incumbents,’ PE Deals Dominating Appalachian NatGas Consolidation

After years of relative inactivity, dealmaking in the Appalachian Basin is once again healthy but tenuous, as the region's larger natural gas producers and private equity firms reassert their dominance in a market filled with both opportunities and risks.

Idaho Readying First Audit of Oil, Gas Wells

Idaho's Department of Lands has started the process for the state's first audit of oil and natural gas wells operated by Texas-based Alta Mesa Holdings LP, the lone producer in a state that realized its first production only three years ago.

Trump Administration Outlines Strategy to Rescind or Revise BLM Venting/Flaring Rules

The Trump administration has outlined its plans in federal court to ultimately rescind or revise a rule promulgated by the Department of Interior's (DOI) Bureau of Land Management (BLM) governing flaring and venting of associated natural gas on public and tribal lands.

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South Texas Eagle Ford Seeing Rigs, Jobs Returning

Eagle Ford Shale activity bottomed in 2016 and since has turned the corner, as more rigs are raised and activity is escalating...

Big Oil, Business Leaders Advocate for U.S. Carbon Tax

Some of the world’s largest oil and natural gas producers and influential corporate leaders on Tuesday joined a push to enact a U.S. carbon tax in an effort to slow climate change.

DOE Looking for Innovative Unconventional Oil, Gas Well Solutions

Improving unconventional oil and natural gas well recoveries, as well as ways to prevent offshore spills and leaks, will be considered for grants under a $20 million fund launched by the Department of Energy.
Year-End-Energy-Sector-Weighting-of-the-S-and-P-500-Index-20170622

Oil, Gas Industry Jobs Don’t Appeal to Generation Z, Millennials, Says Poll

Most American adults (51%) would be happy if their children chose a career in the oil and natural gas industry, but for those children without set career paths, only about one-quarter of Generation Z and 45% of Millennials find energy industry jobs appealing, according to a new poll.

Zinke Defends Trump Budget, Warns of 'Gap in Trust' With Oil, Gas Industry

Department of Interior (DOI) Secretary Ryan Zinke defended the Trump administration's proposed $11.7 billion budget for fiscal year (FY) 2018, and told two Senate panels that the department was "moving prudently" to fill positions in field offices while limiting hires in Washington, DC.
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Onshore Natural Gas, Oil Supply Pushing Gulf Coast LNG, Petchem Expansions, Says LSU

Upstream technological advancements have fundamentally altered the outlook for natural gas and oil, with the...

Energy Transfer Nears Takeover of North Louisiana-Focused PennTex

Energy Transfer Partners LP (ETP) said Tuesday it has nearly completed a takeover of fellow Dallas-based partnership PennTex Midstream Partners LP.

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Gulfport Dishes on First SCOOP Wells

Gulfport Energy Corp.'s first operated wells in the South Central Oklahoma Oil Province (SCOOP) continued to perform over their first 30 days online, the company said Wednesday.

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DOE Secretary Perry Minimizes Proposed Budget Cuts, Blames Oceans For Climate Change

Three months after the head of the U.S. Environmental Protection Agency (EPA) told a cable news program that he doesn't believe carbon dioxide (CO2) emissions are a primary contributor to climate change, Department of Energy (DOE) Secretary Rick Perry doubled down on the same program, blaming global warming in part on the world's oceans.

Appalachian NGL Storage Study Nearing Completion

An extensive study that began last year with the backing of a Pittsburgh-based charitable organization and some of the region's major producers to determine the potential of underground natural gas liquids (NGL) storage in the Appalachian Basin is almost finished.

People -- Frank Ferazzi

Industry Groups Urge Senate Leaders to Vote on FERC Nominations

Thirty trade associations, including several representing the natural gas and oil industry, are urging Senate leaders to act quickly on President Trump's nominations to FERC.

3D"Sign

NGI's Bidweek Alert Day 5 - May 31 for June 2017
For more detailed information please download the Excel data file
FIXED RANGE BASIS RANGE
South Texas
Agua Dulce 3.33 to 3.33 --
Florida Gas Zone 1 -- 0.00 to 0.00
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 -- -0.1375 to -0.12
Houston Ship Channel 3.31 to 3.34 0.10 to 0.10
Katy 3.31 to 3.33 0.095 to 0.095
NGPL TexOk 2.94 to 3.09 -0.1525 to -0.145
Tennessee Zone 0 North -- --
Texas Eastern E. TX -- --
Transco Zone 2 -- -0.015 to -0.015
West Texas/SE New Mexico
El Paso Permian 2.74 to 2.83 --
Transwestern 2.78 to 2.78 --
Waha 2.79 to 2.83 --
Midwest
Alliance -- --
ANR ML7 -- -0.04 to -0.04
Chicago Citygate 2.98 to 3.11 -0.085 to -0.04
Chicago - Nicor Gas 3.04 to 3.11 -0.08 to -0.08
Chicago - NIPSCO 2.98 to 3.10 -0.085 to -0.04
Chicago - North Shore -- --
Chicago - Peoples 3.07 to 3.08 --
Consumers Energy 3.19 to 3.20 -0.045 to -0.0225
Dawn 2.96 to 3.09 -0.02 to 0.01
Emerson -- -0.385 to -0.25
Joliet -- --
Lebanon -- -0.175 to -0.145
Michigan Consolidated 2.99 to 3.19 -0.08 to -0.05
NGPL Amarillo Mainline 2.94 to 2.94 --
Parkway/Union -- -0.01 to 0.0025
REX into ANR - Shelby -- -0.1425 to -0.125
REX into MGT - Edgar -- -0.18 to -0.145
REX into NGPL - Moultrie -- -0.18 to -0.15
REX into PEPL - Putnam -- -0.18 to -0.18
REX into Trunk - Douglas -- --
Midcontinent
ANR SW 2.84 to 2.86 -0.355 to -0.35
Enable East 2.87 to 2.96 --
Enable West -- -0.21 to -0.21
NGPL Midcontinent 2.79 to 2.94 -0.29 to -0.285
Northern Border Ventura -- --
Northern Natural Demarc 2.83 to 3.00 --
Northern Natural Ventura 2.91 to 3.00 --
OGT 2.81 to 2.83 -0.405 to -0.38
Panhandle Eastern 2.65 to 2.82 -0.42 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 -- -0.12 to -0.115
Trunkline Zone 1A -- -0.1275 to -0.11
South Louisiana
ANR SE -- -0.095 to -0.08
Columbia Gulf Mainline -- -0.13 to -0.12
Columbia Gulf onshore -- -0.10 to -0.08
Florida Gas Zone 2 -- -0.055 to 0.00
Henry Hub -- 0.00 to 0.00
Southern Natural -- -0.075 to -0.05
Tennessee Line 500 3.12 to 3.20 -0.095 to -0.06
Tennessee Line 800 -- -0.0975 to -0.09
Texas Eastern E. LA -- -0.11 to -0.08
Texas Eastern W. LA -- --
Texas Gas Zone SL -- --
Transco Zone 3 3.13 to 3.13 -0.06 to -0.02
Trunkline E. LA -- --
Trunkline W. LA -- --
Southeast
FGT Citygate -- --
Florida Gas Zone 3 -- -0.045 to 0.01
Texas Eastern M-1, 30 -- -0.08 to -0.08
Transco Zone 4 -- -0.0625 to -0.055
Transco Zone 5 -- -0.20 to 0.02
Transco Zone 5 North -- -0.20 to -0.15
Transco Zone 5 South -- 0.01 to 0.02
Appalachia
Columbia Gas 2.94 to 2.98 -0.1875 to -0.16
Dominion North -- -0.565 to -0.5325
Dominion South -- -0.70 to -0.525
Leidy Hub -- --
Millennium East Pool -- -0.61 to -0.57
Tenn Zone 4 200L -- -0.405 to -0.37
Tennessee Zn 4 313 Pool 2.75 to 2.75 -0.46 to -0.38
Tennessee Zn 4 Marcellus -- -0.69 to -0.55
Texas Eastern M-2, 30 Delivery -- -0.56 to -0.56
Texas Eastern M-2, 30 Receipt 2.55 to 2.55 -0.60 to -0.545
Texas Eastern M-3, Delivery 2.57 to 2.63 -0.50 to -0.45
Texas Eastern M-3, Receipt 2.60 to 2.65 --
Transco-Leidy Line 2.48 to 2.48 -0.63 to -0.5675
Northeast
Algonquin Citygate -- -0.27 to -0.105
Algonquin Citygate (non-G) -- -0.27 to -0.105
Algonquin Receipts 2.61 to 2.61 --
Iroquois Zone 2 -- -0.24 to -0.08
Iroquois, Waddington 3.10 to 3.10 -0.12 to -0.02
Niagara -- --
Tenn Zone 5 200L -- -0.375 to -0.28
Tenn Zone 5 300L -- --
Tenn Zone 6 200L -- -0.18 to -0.12
Tenn Zone 6 300L -- --
Transco Zone 6 non-NY -- -0.40 to -0.315
Transco Zone 6 non-NY North -- -0.40 to -0.315
Transco Zone 6 non-NY South -- -0.315 to -0.315
Transco Zone 6 NY -- -0.37 to -0.305
Rocky Mountains
Cheyenne Hub 2.75 to 2.84 --
CIG 2.75 to 2.85 --
CIG DJ Basin 2.75 to 2.77 --
El Paso Bondad -- --
El Paso non-Bondad 2.60 to 2.76 --
Kern River 2.84 to 2.87 --
Kingsgate 2.57 to 2.62 --
Northwest S. of Green River 2.77 to 2.82 --
Northwest Sumas 2.68 to 3.40 --
Northwest Wyoming Pool 2.75 to 2.75 --
Opal 2.77 to 2.88 --
Questar 2.75 to 2.75 --
Stanfield -- --
Transwestern San Juan 2.60 to 2.85 --
White River Hub 2.80 to 2.81 --
Arizona/Nevada
El Paso S. Mainline/N. Baja -- --
Kern Delivery 3.00 to 3.00 --
California
Malin 2.67 to 2.93 --
PG&E Citygate 3.39 to 3.46 --
SoCal Citygate 3.26 to 3.33 --
Southern Border, PG&E 2.91 to 2.96 --
Southern Border, SoCal 2.92 to 3.04 --
SoCal Border Avg. 2.92 to 3.04 --
Canada
Empress 2.75 to 3.01 --
NOVA/AECO C 2.65 to 2.88 --
Westcoast Station 2 2.42 to 2.72 --