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Legal Uncertainties Cloud Mexico Energy Sector’s Consultations of Indigenous Stakeholders
Featured Mexico GPI
The energy reform has enshrined, for the first time in Mexican law, the right of indigenous communities to be consulted on projects in the electricity and oil and gas sectors, but the process remains clouded by legislative and legal uncertainties. Read More
Social-conflicts-caused-by-mexico-infrastructure-projects-20180418

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NGI's Mexico GPI

April 20, 2018

NatGas Futures Reverse Course to Erase Losses; Spot Prices Tumble

  • May rallies 7.9 cents to $2.739 after losing 7.9 cents a day earlier
  • Possible delayed reaction to “quite bullish” EIA storage data, says Bespoke
  • Recent strength in crude prices lifts 2019 production forecast: Genscape
  • Spot prices down across most regions, West Texas mixed
Social-Conflicts-Caused-by-Mexico-Infrastructure-Projects-20180418

Legal Uncertainties Cloud Mexico Energy Sector’s Consultations of Indigenous Stakeholders

The energy reform has enshrined, for the first time in Mexican law, the right of indigenous communities to be consulted on projects in the electricity and oil and gas sectors, but the process remains clouded by legislative and legal uncertainties.
EIAStorage0413

Bullish Storage Miss Unable to Stop Natural Gas Futures Slide

  • May settles at $2.660, down 7.9 cents
  • EIA reports 36 Bcf pull, ~10 Bcf tighter versus estimates
  • Market showed “no follow-through to the upside” after brief rally on storage: INTL FCStone’s Saal
  • Rate of Mexican domestic natural gas production declines showing signs of slowing, says Genscape
IPGN0419

Natural Gas Prices Drop in All Six of Mexico’s Trading Regions

March natural gas prices fell month/month across all six of Mexico’s trading regions, the Comision Reguladora de Energia (CRE) reported on Wednesday.
EIAStorage0413

Another April Natural Gas Storage Withdrawal Expected as Futures Finish Near Even

  • May settles at $2.739, up 0.1 cents
  • EIA storage surveys show ~23-26 Bcf withdrawal expected for week ending April 13, versus five-year average build of 38 Bcf 
  • Limited price response to storage deficits “underscores supply-side strength”: OPIS
  • Waha down 10 cents as wide West Texas basis differentials continue
  • BREAKING: EIA reports a 36 Bcf withdrawal for the week ending April 13

Big Seven U.S. Plays Expected to See Oil, Gas Production Increases Continue in May

May promises to be yet another boom month in the seven most prolific U.S. onshore unconventional plays, with both natural gas and oil production expected to increase compared with April totals, according to the U.S. Energy Information Administration (EIA).

April Cold Seen Easing as Natural Gas Futures Slide; Spot Market Mixed

  • May settles at $2.738, down 1.4 cents
  • NatGasWeather calling for “a rather pleasant temperature regime over most of the country late next week” into May
  • Cold supportive short-term but strip to weaken once cash prices ease, says Bespoke
  • Waha down for second straight day, falling 13 cents to $1.81

3D"Sign

NGI's Bidweek Alert Day 5 - March 29th for April 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 -- -0.13 to -0.12
Texas Eastern S. TX -- -0.04 to -0.0375
Transco Zone 1 -- -0.06 to -0.045
East Texas
Carthage -- -0.14 to -0.12
Houston Ship Channel -- 0.07 to 0.08
Katy -- --
NGPL TexOk -- -0.1625 to -0.16
Tennessee Zone 0 North -- --
Texas Eastern E. TX -- --
Transco Zone 2 -- --
West Texas/SE New Mexico
El Paso Permian 1.15 to 1.48 --
Transwestern 1.28 to 1.29 --
Waha 1.25 to 1.60 --
Midwest
Alliance -- --
ANR ML7 -- --
Chicago Citygate 2.42 to 2.52 --
Chicago - Nicor Gas 2.43 to 2.51 --
Chicago - NIPSCO 2.43 to 2.52 --
Chicago - North Shore -- --
Chicago - Peoples 2.42 to 2.42 --
Consumers Energy -- -0.135 to -0.0925
Dawn 2.58 to 2.67 -0.11 to -0.085
Emerson -- -0.30 to -0.29
Joliet -- --
Lebanon -- -0.26 to -0.24
Michigan Consolidated 2.51 to 2.52 -0.16 to -0.14
NGPL Amarillo Mainline -- --
Parkway/Union -- --
REX into ANR - Shelby -- -0.26 to -0.225
REX into MGT - Edgar -- -0.25 to -0.23
REX into NGPL - Moultrie -- -0.25 to -0.225
REX into PEPL - Putnam -- --
REX into Trunk - Douglas -- -0.25 to -0.25
Midcontinent
ANR SW 1.93 to 1.95 --
Enable East -- -0.35 to -0.34
Enable West -- --
NGPL Midcontinent 2.05 to 2.12 -0.56 to -0.545
Northern Border Ventura -- --
Northern Natural Demarc 2.29 to 2.33 --
Northern Natural Ventura 2.28 to 2.39 --
OGT 1.05 to 1.05 --
Panhandle Eastern 1.91 to 1.95 -0.72 to -0.6975
Southern Star -- -0.755 to -0.755
North Louisiana/Arkansas
Perryville -- -0.11 to -0.11
Texas Eastern, M1, 24 -- --
Texas Gas Zone 1 -- -0.1575 to -0.13
Trunkline Zone 1A -- -0.1725 to -0.165
South Louisiana
ANR SE -- -0.13 to -0.12
Columbia Gulf Mainline -- -0.1525 to -0.13
Columbia Gulf onshore -- -0.1275 to -0.12
Florida Gas Zone 2 -- --
Henry Hub -- 0.00 to 0.00
Southern Natural -- -0.07 to -0.065
Tennessee Line 500 -- -0.0775 to -0.055
Tennessee Line 800 -- -0.085 to -0.085
Texas Eastern E. LA -- --
Texas Eastern W. LA -- -0.075 to -0.075
Texas Gas Zone SL -- --
Transco Zone 3 -- -0.045 to -0.035
Trunkline E. LA -- --
Trunkline W. LA -- --
Southeast
FGT Citygate -- --
Florida Gas Zone 3 -- 0.01 to 0.045
Texas Eastern M-1, 30 -- -0.11 to -0.11
Transco Zone 4 -- -0.045 to -0.025
Transco Zone 5 -- 0.045 to 0.07
Transco Zone 5 North -- 0.045 to 0.045
Transco Zone 5 South -- 0.0625 to 0.07
Appalachia
Columbia Gas -- -0.21 to -0.17
Dominion North -- -0.50 to -0.425
Dominion South -- -0.50 to -0.42
Leidy Hub -- --
Millennium East Pool -- -0.59 to -0.50
Tenn Zone 4 200L -- -0.34 to -0.21
Tennessee Zn 4 313 Pool -- -0.35 to -0.35
Tennessee Zn 4 Marcellus -- -0.67 to -0.54
Texas Eastern M-2, 30 Delivery -- --
Texas Eastern M-2, 30 Receipt 2.20 to 2.20 -0.525 to -0.44
Texas Eastern M-3, Delivery -- -0.40 to -0.28
Texas Eastern M-3, Receipt -- --
Transco-Leidy Line -- -0.595 to -0.43
Northeast
Algonquin Citygate -- 1.15 to 1.70
Algonquin Citygate (non-G) -- 1.15 to 1.70
Algonquin Receipts -- --
Iroquois Zone 2 -- 0.07 to 0.25
Iroquois, Waddington -- 0.0325 to 0.05
Niagara -- -0.10 to -0.10
Tenn Zone 5 200L -- --
Tenn Zone 5 300L -- --
Tenn Zone 6 200L -- 1.50 to 1.55
Tenn Zone 6 300L -- --
Transco Zone 6 non-NY -- -0.14 to 0.005
Transco Zone 6 non-NY North -- -0.14 to 0.005
Transco Zone 6 non-NY South -- --
Transco Zone 6 NY -- -0.105 to 0.00
Rocky Mountains
Cheyenne Hub 1.85 to 1.95 --
CIG 1.73 to 1.74 --
CIG DJ Basin 1.75 to 1.76 --
El Paso Bondad -- --
El Paso non-Bondad 1.47 to 1.60 --
Kern River -- --
Kingsgate -- --
Northwest S. of Green River -- --
Northwest Sumas 1.70 to 1.79 --
Northwest Wyoming Pool -- --
Opal 1.90 to 1.98 --
Questar -- --
Stanfield -- --
Transwestern San Juan -- --
White River Hub 1.79 to 1.84 --
Arizona/Nevada
El Paso S. Mainline/N. Baja -- --
Kern Delivery 2.02 to 2.02 --
California
Malin 1.88 to 1.95 --
PG&E Citygate 2.52 to 2.63 --
SoCal Citygate 2.61 to 2.80 --
Southern Border, PG&E 1.75 to 1.99 --
Southern Border, SoCal 1.95 to 2.06 --
SoCal Border Avg. 1.95 to 2.06 --
Canada
Empress -- --
NOVA/AECO C 1.15 to 1.64 --
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.