Story of the Day

Fate of Dakota Access Pipeline in Hands of Court (or White House)
Shale Daily
The legal, political and regulatory battle that has hobbled the nearly completed Dakota Access Pipeline project marked another legal... Read More
Standing-rock-indian-reservation-20161010-11

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NGI's Shale Daily

January 20, 2017

Drillers Still Rushing Back, But Some Analysts Foresee Slowdown

The weekly rig count tallied by Baker Hughes Inc. (BHI) once again packed a Permian punch on Friday as 13 rigs returned to the oil-rich West Texas and New Mexico play.

North American E&Ps, OFS Sector Likely to Report ’Substantial’ Investments, Higher Pricing, Say Analysts

Whether the optimistic outlook permeating the energy sector is more cautious or full-speed ahead will become increasingly clear in the coming weeks as operators unveil their year-end earnings results and, more important, their spending plans for 2017.

Schlumberger Puts North American E&Ps on Notice: Expect More Aggressive Pricing

Healthier commodity prices are sending oil and natural gas producers back to work, which sets the stage for Schlumberger Ltd. (SLB) to begin a push for higher prices for its services, CEO Paal Kibsgaard said Friday.

Monthly-PADD-2-Shipments-of-Crude-Oil-by-Rail-20170120

PHMSA Seeking Input on Crude-by-Rail Content Rule

The federal Pipeline and Hazardous Materials Safety Administration has released an advanced notice of proposed rulemaking on vapor pressure requirements for the transport of crude oil and other hazardous liquids by rail.

California Orders 475 Oilfield Wastewater Wells Closed

California energy officials said on Wednesday that they have ordered 475 underground injection control (UIC) wells shut down by Feb. 15.

Pennsylvania Township Approves Permit For Shell Cracker

After a series of contentious public hearings, Potter Township, PA, supervisors late Wednesday unanimously approved a conditional-use permit that allows Shell Chemical Appalachia LLC to proceed with construction of its multi-billion dollar ethane cracker.

Standing-Rock-Indian-Reservation-20161010-11

Fate of Dakota Access Pipeline in Hands of Court (or White House)

The legal, political and regulatory battle that has hobbled the nearly completed Dakota Access Pipeline project marked another legal...

Viper Coiled For More Permian Acquisitions Following Solid 2016

Viper Energy Partners LP continues to strike acquisition deals this year in the Permian Basin after completing 26 transactions in the second half of 2016, underlined by an “improving market,” the Diamondback Energy Inc. unit said.

Magnum Hunter Rebranding, Changes Name

Magnum Hunter Resources Corp., which emerged from bankruptcy in May under a new structure and leadership team, has changed its name to Blue Ridge Mountain Resources Inc.
Weekly-Oklahoma-Horizontal-Oil-and-Gas-Rig-Count-20170119

Pruitt to Senate Dems: Pro-Energy Doesn’t Mean Anti-Environment

Oklahoma Attorney General (AG) Scott Pruitt, President-elect Trump's pick to head the Environmental Protection Agency (EPA), shared his vision Wednesday for a more cooperative relationship between state and federal regulators, while facing criticism from Democrats over his ties to the oil and gas industry.

Pure Bakken Players Sticking Around

A long-time fixture among Williston Basin exploration and production companies, Denver-based SM Energy Co. said earlier this month it is selling its remaining Bakken assets in North Dakota to concentrate on Texas acreage. But others are staying in the Bakken.

Brief -- Plains All American

Permian ‘Ripe’ for Consolidation, Potential Mega-Deals

Operators attempting to buy into the Permian Basin now may have to go big or go home, because most of the oil- and natural gas-rich acreage in West Texas and southern New Mexico is now within the grasp of public and privately held explorers.
NGI-Shale-Daily-Utica-Natural-Gas-Price-Index-20170118.png

Gulfport Reports Strong 4Q Production, Firming NatGas Prices

Gulfport Energy Corp. said Tuesday it turned in a solid fourth quarter, announcing that it...

North Dakota Eyeing RCRA Ruling, Oil Rail Oversight, Pipeline Protesters

North Dakota is concerned about the “strict timeline” regarding a settlement between environmental groups and the U.S. Environmental Protection Agency (EPA) over oil and natural gas waste handling. 

3D"Sign

NGI's Bidweek Alert Day 5 - Dec 30 for January 2017
For more detailed information please download the Excel data file
FIXED RANGE BASIS RANGE
South Texas
Agua Dulce 3.62 to 3.63 --
Florida Gas Zone 1 -- -0.055 to 0.01
NGPL S. TX -- -0.11 to -0.09
Tennessee Zone 0 South -- -0.1225 to -0.115
Texas Eastern S. TX -- --
Transco Zone 1 -- -0.08 to -0.0725
East Texas
Carthage -- -0.09 to -0.09
Houston Ship Channel 3.59 to 3.72 --
Katy 3.62 to 3.67 -0.1275 to -0.1125
NGPL TexOk 3.59 to 3.63 -0.1325 to -0.12
Tennessee Zone 0 North -- --
Texas Eastern E. TX -- -0.135 to -0.135
Transco Zone 2 -- --
West Texas/SE New Mexico
El Paso Permian 3.40 to 3.65 --
Transwestern 3.51 to 3.51 --
Waha 3.60 to 3.62 --
Midwest
Alliance -- --
ANR ML7 -- 0.58 to 0.58
Chicago Citygate 3.89 to 4.39 0.34 to 0.475
Chicago - Nicor Gas 3.89 to 4.30 0.34 to 0.37
Chicago - NIPSCO 3.98 to 4.39 0.475 to 0.475
Chicago - North Shore -- --
Chicago - Peoples 4.11 to 4.22 --
Consumers Energy -- 0.145 to 0.185
Dawn 4.49 to 4.63 0.68 to 0.83
Emerson -- 0.03 to 0.09
Joliet 4.11 to 4.11 --
Lebanon -- 0.045 to 0.045
Michigan Consolidated 3.85 to 3.95 0.085 to 0.15
Parkway/Union -- 0.8425 to 0.9025
Midcontinent
ANR SW 3.66 to 3.67 -0.09 to -0.075
Enable East 3.50 to 3.50 -0.125 to -0.10
Enable West -- --
NGPL Amarillo Mainline -- --
NGPL Midcontinent 3.60 to 3.79 --
Northern Border Ventura -- --
Northern Natural Demarc 3.82 to 4.13 0.30 to 0.30
Northern Natural Ventura 3.97 to 4.25 --
OGT 3.42 to 3.78 -0.17 to -0.17
Panhandle Eastern 3.49 to 3.82 -0.0875 to -0.05
Southern Star 3.62 to 3.80 -0.10 to -0.10
North Louisiana/Arkansas
Perryville 3.74 to 3.74 --
Texas Eastern, M1, 24 -- --
Texas Gas Zone 1 -- -0.075 to -0.055
Trunkline Zone 1A -- -0.07 to -0.04
South Louisiana
ANR SE -- -0.05 to -0.04
Columbia Gulf Mainline -- -0.12 to -0.0725
Columbia Gulf onshore -- -0.0825 to -0.065
Florida Gas Zone 2 -- -0.045 to 0.005
Henry Hub -- 0.005 to 0.015
Southern Natural -- -0.0575 to -0.035
Tennessee Line 500 -- -0.0625 to -0.03
Tennessee Line 800 -- -0.07 to -0.06
Texas Eastern E. LA -- --
Texas Eastern W. LA -- -0.10 to -0.10
Texas Gas Zone SL 2.95 to 2.95 --
Transco Zone 3 3.87 to 3.87 -0.05 to -0.0225
Trunkline E. LA -- -0.06 to -0.03
Trunkline W. LA -- --
Southeast
FGT Citygate -- --
Florida Gas Zone 3 -- -0.045 to 0.015
Texas Eastern M-1, 30 -- -0.0775 to -0.0775
Transco Zone 4 3.71 to 3.71 -0.04 to -0.0175
Transco Zone 5 -- 1.825 to 1.96
Transco Zone 5 North -- --
Transco Zone 5 South -- 1.825 to 1.96
Appalachia
Clarington (non-Tenn) -- --
Columbia Gas -- -0.23 to -0.18
Dominion North 3.29 to 3.29 -0.68 to -0.53
Dominion South 3.14 to 3.29 -0.685 to -0.54
Leidy Hub -- --
Millennium East Pool -- -0.825 to -0.60
Tenn Zone 4 200L -- -0.45 to -0.27
Tennessee Zn 4 313 Pool -- -0.65 to -0.575
Tennessee Zn 4 Marcellus -- -0.85 to -0.65
Texas Eastern M-2, 30 Delivery -- -0.455 to -0.43
Texas Eastern M-2, 30 Receipt 3.24 to 3.46 -0.615 to -0.44
Texas Eastern M-3, Delivery -- 1.50 to 1.93
Texas Eastern M-3, Receipt -- --
Transco-Leidy Line 3.09 to 3.41 -0.82 to -0.57
Northeast
Algonquin Citygate -- 7.35 to 8.75
Algonquin Receipts -- 1.54 to 1.54
Dracut -- --
Iroquois Zone 2 -- 5.00 to 5.85
Iroquois, Waddington 8.52 to 8.52 4.00 to 4.65
Niagara -- --
Tenn Zone 5 200L -- 0.30 to 0.30
Tenn Zone 5 300L -- --
Tenn Zone 6 200L 12.56 to 12.56 8.50 to 8.80
Tenn Zone 6 300L -- --
Transco Zone 6 non-NY 5.92 to 5.93 1.79 to 2.45
Transco Zone 6 non-NY North 5.92 to 5.93 1.79 to 2.45
Transco Zone 6 non-NY South -- 1.80 to 1.80
Transco Zone 6 NY 8.50 to 9.52 4.75 to 5.65
Rocky Mountains
Cheyenne Hub 3.70 to 3.85 --
CIG 3.45 to 3.85 --
CIG DJ Basin 3.51 to 3.51 --
El Paso Bondad 3.85 to 3.85 --
El Paso non-Bondad 3.46 to 3.71 --
Kern River 3.54 to 3.97 --
Kingsgate -- --
Northwest S. of Green River 3.50 to 3.66 --
Northwest Sumas 4.13 to 5.40 --
Northwest Wyoming Pool 3.88 to 3.89 --
Opal 3.52 to 3.97 --
Questar 3.50 to 3.50 --
Stanfield 3.60 to 3.85 --
Transwestern San Juan 3.49 to 3.82 --
White River Hub 3.67 to 3.77 --
Arizona/Nevada
El Paso S. Mainline/N. Baja -- --
Kern Delivery -- --
California
Malin 3.54 to 3.95 --
PG&E Citygate 3.92 to 4.08 --
SoCal Citygate 3.85 to 4.25 --
Southern Border, PG&E -- --
Southern Border, SoCal 3.62 to 4.03 --
SoCal Border Avg. 3.62 to 4.03 --
Canada
Empress 3.55 to 3.86 --
NOVA/AECO C 3.25 to 3.65 --
Westcoast Station 2 2.94 to 3.40 --