Story of the Week

Global NatGas Fastest Growing Fossil Fuel to 2040 as Supply, Trade Soars, Says EIA
NGI Weekly Intel
Worldwide natural gas consumption is projected to increase to 177 Tcf in 2040 from 124 Tcf in 2015 and account for the largest... Read More
2017-09-14-world-energy-consumption-by-source-eia

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NGI Weekly Newsletter

September 18, 2017

Enviros Try to Stall as Atlantic Sunrise Gears Up For Greenfield Construction

A coalition of environmental groups is urging FERC to deny Transcontinental Gas Pipe Line Co.'s (Transco) requests to begin construction on the 183-mile greenfield portion of its Atlantic Sunrise expansion.

House Approves $1.2T Funding Package, Targets Obama-Era Emission, Carbon Rules

House lawmakers passed a $1.2 trillion package of appropriations bills for the next fiscal year on Thursday, but not before Republicans successfully added four amendments targeting Obama-era rules, including those governing methane emissions and the "social cost of carbon."
Rover Tracker.png

Ohio EPA Asks FERC to Wait as Rover Pushes For HDD Restart

Rover Pipeline LLC continues to press FERC on a request to restart horizontal directional drilling (HDD), filing supplemental information and third-party analyses to persuade the Commission to lift a May moratorium.

Pennsylvania House Budget Plan Avoids NatGas Taxes

The Republican-controlled Pennsylvania House late Wednesday narrowly passed a plan to fund the state’s $32 billion budget and plug its $2 billion-plus deficit, which does not include a severance tax on unconventional natural gas production like its Senate counterpart.
2017-09-14-World-Energy-Consumption-By-Source-EIA

Global NatGas Fastest Growing Fossil Fuel to 2040 as Supply, Trade Soars, Says EIA

Worldwide natural gas consumption is projected to increase to 177 Tcf in 2040 from 124 Tcf in 2015 and account for the largest...

Gulf Coast Oil, Gas Operations ‘Too Important to Fail,’ Says IEA

The oil and gas industry is able to respond faster than it did a decade ago when severe storms hit the U.S. Gulf Coast, but the region today also is more strategic to world energy markets, which means disruptions like Hurricane Harvey have to be overcome, and quickly, the International Energy Agency (IEA) said.
2017-09-13-Delaware-River-Basin

NatGas Industry Says Delaware Basin Resolution ‘Defies Common Sense, Logic’

The Delaware River Basin Commission (DRBC) voted 3-1, with one abstention, on Wednesday...
2017-09-13-ERCOT

Texas Power Demand Punched by Harvey, Cooler Temps

At its peak, Hurricane Harvey knocked out more than 10,000 MW of electricity generating capacity in the Texas grid, while relatively cool temperatures across most of the state also reduced natural gas demand.

Enable Midstream Offering $300M for Align Midstream to Grow Haynesville Footprint

Enable Midstream Partners LP is expanding its footprint in the Haynesville Shale, agreeing late Tuesday to pony up $300 million to acquire Align Midstream LLC, whose assets include natural gas gathering and processing in East Texas and North Louisiana.
2017-09-13-REX

Tallgrass Testing Support to Once Again Carry Rockies Natural Gas Through REX

Tallgrass Energy Partners LP on Tuesday reignited a plan to carry natural gas from the left-behind Rocky Mountains through a system...

Alberta NatGas Pipeline Toll Discount Could Edge Out U.S. Shale Production

Discounted cross-country pipeline tolls, scheduled to start Nov. 1, will enable Western Canadian natural gas suppliers to take back eastern sales lost to shale production in the United States, predicted the Alberta Department of Energy.

Pressure Buildup Forces SoCalGas to Shut In One-Third of Active Aliso Canyon Injection Wells

During the first two weeks that Southern California Gas Co. (SoCalGas) began reinjection operations at its troubled Aliso Canyon natural gas storage facility, the company discovered a gradual pressure buildup at 13 of the 39 injection wells that had been brought back online.

FERC Extends Deadlines Due to Hurricanes; NatGas Demand Starts to Return After Irma

Citing the emergency conditions created by hurricanes Harvey and Irma, FERC is giving an extension to entities that need it to file various forms and regulatory documents with the Commission.

EIA Says U.S. NatGas Production to Increase, Even As Harvey’s Effects Upend Forecast

The Energy Information Administration (EIA) revised its forecast for dry natural gas production from U.S. onshore basins to increase to an average of 73.7 Bcf/d this year, or 1.4 Bcf/d more than in 2016, according to its September Short-Term Energy Outlook (STEO).

Permian’s San Andres Draws More NatGas, Crude Oil Infrastructure Expansions

As interest in the San Andres formation in the Permian Basin is growing, so too is infrastructure, with Stakeholder Midstream LLC announcing Tuesday it plans to build a natural gas gathering system that would run from West Texas into southeastern New Mexico. It also plans to expand a crude gathering system in the play.
NortheastPipes

NY Part 4: New York's Stand Against NatGas Throws Fate of Opposed Pipelines Into Doubt

If it wasn’t already clear that New York state is taking a stand against the natural gas industry and its supporters...

Samson Resources Stepping Up Wyoming Drilling Projects

Tulsa-based Samson Resources II LLC is accelerating its drilling plans in Wyoming, with five wells underway in Sweetwater County and a ramp-up planned next year in the Powder River Basin.

BP Readies IPO of U.S. Pipeline Assets

BP plc on Monday formally laid the groundwork to launch its U.S. oil and natural gas pipeline assets as a separate company.

Mexican NatGas Shippers Sit Out Latest Auction for CFE’s Cross-Border Pipelines

No Mexican shippers submitted bids at a small auction held Sunday to release capacity on the NET Mexico pipeline, which carries gas from the Agua Dulce hub in South Texas to the Texas border town Rio Grande City.
RoverTracker091117

Rover Pipeline Start-Up Foreshadows Growth in Appalachia

Now that Energy Transfer Partners LP's (ETP) Rover Pipeline is officially up and running, offering more than 700 MMcf/d out of eastern Ohio...

NAFTA Talks Called Opportunity to ‘Lock In’ Mexican Energy Reforms, U.S. Gas Trade

The North American Free Trade Agreement (NAFTA) renegotiations are an opportunity to update the 1994 treaty so that it reflects changes in Mexico’s oil and natural gas sector and deepened ties to Canada and U.S. energy markets, according to analysts.
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Irma Takes Down Power, Lowers NatGas Demand for Millions in Florida, Georgia

Hurricane Irma made landfall in Florida early Sunday morning as a Category 4 storm, strafing the state and knocking out power to millions. Authorities said it could takes weeks before power is restored to every customer.

Tellurian’s New Haynesville Assets Bringing Supply Closer to LNG Export Project

Houston-based Tellurian Inc. last week veered into the upstream sector, making a deal to buy gassy Haynesville Shale acreage near its planned natural gas export facility in Louisiana.
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Santa Fe Midstream Readying Permian NGL System for Mid-2018

Private equity-backed Santa Fe Midstream LLC said Friday it has jumped into the natural gas processing game in the Permian...
October-Forward-Prices-Selected-Points

Natural Gas Forwards Values Sink First Week of September as Bearish Fundamentals Align

Natural gas prices for October fell an average 12 cents from Sept. 1 to 6 as a trifecta of factors created the only logical path for forward markets during the short holiday week, according to NGI’s Forward Look. NGI was closed Sept. 4 in observance of Labor Day.
Counties-Prospective-Marcellus

NY Part 3: New York’s NatGas Producers Sent Packing in Shift to ‘Clean Energy’ Economy

When the oil and natural gas industry was working through one of the worst commodity downturns in decades...

TransCanada Halts Energy East Natural Gas-to-Oil Mainline Conversion

After falling years behind the original project schedule, TransCanada Corp. called a halt Thursday to spending on the proposed Energy East partial conversion to oil of its natural gas Mainline.

Mexico Earthquake Said to Spare Natural Gas, Oil Infrastructure

The strongest earthquake in Mexico in more than a century, which struck near midnight on Thursday, initially appears to have spared the natural gas and oil industry.

Brief -- PA Impact Fee

ConocoPhillips Quietly Testing Permian, But M&A 'Not a Priority'

An executive with ConocoPhillips said the company is taking its time to test and understand the geology of the Permian Basin, following the same approach it used to develop its position in the Eagle Ford Shale, but that merger and acquisition (M&A) activity is "not a priority."

FERC, DOI Nominees Move One Step Closer to Confirmation

Sen. Lisa Murkowski, chairman of the Senate Energy and Natural Resources Committee, believes a quartet of Trump administration nominees to FERC and the Department of Interior are likely to be confirmed -- but when that will be is still unclear.
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No Way But Down For NatGas Forwards Amid Improving Storage, Returning Supply and Mild Temps

Natural gas prices for October fell an average 12 cents from Sept. 1 to 6 as a trifecta of factors created the only logical path for forward markets during the short holiday week, according to NGI’s Forward Look. NGI was closed Sept. 4 in observance of Labor Day.

Irma Still on Collision Course With FL as Market Braces for NatGas Demand Destruction

With the potentially catastrophic Category 5 Hurricane Irma maintaining its collision course with the Florida coast, Southeast utilities continued to brace for impact Thursday as the market braces for natural gas demand destruction.

Sabine Pass LNG Tankers Loading, But Currents Stymie Cargoes

Natural gas exports through the Sabine Pass terminal on the Texas coast are expected to rebound over the coming week, as ships begin enter the terminal this week post-Harvey, representing a demand rebound of more than 1.5 Bcf/d, according to reports.
Chesapeake-Rigs-Operating-Area

Chesapeake CEO Says Company May Part With One of Six U.S. Onshore Holdings

Chesapeake Energy Corp. CEO Doug Lawler said the independent isn't currently looking to sell any...

3D"Sign

NGI's Bidweek Alert Day 5 - August 31 for September 2017
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 -- -0.08 to -0.08
Tennessee Zone 0 South -- -0.16 to -0.16
Texas Eastern S. TX -- --
Transco Zone 1 -- --
East Texas
Carthage -- -0.115 to -0.115
Houston Ship Channel -- -0.04 to -0.04
Katy -- -0.035 to -0.03
NGPL TexOk 2.75 to 2.75 -0.16 to -0.12
Tennessee Zone 0 North -- --
Texas Eastern E. TX -- --
Transco Zone 2 -- --
West Texas/SE New Mexico
El Paso Permian 2.53 to 2.59 --
Transwestern 2.54 to 2.57 --
Waha 2.55 to 2.56 --
Midwest
Alliance -- --
ANR ML7 -- --
Chicago Citygate 2.76 to 2.81 --
Chicago - Nicor Gas 2.76 to 2.78 --
Chicago - NIPSCO 2.80 to 2.81 --
Chicago - North Shore -- --
Chicago - Peoples 2.80 to 2.80 --
Consumers Energy -- -0.065 to -0.04
Dawn 2.86 to 2.92 -0.06 to -0.0225
Emerson 2.48 to 2.52 -0.44 to -0.36
Joliet -- --
Lebanon -- -0.16 to -0.16
Michigan Consolidated 2.82 to 2.84 -0.085 to -0.075
NGPL Amarillo Mainline -- --
Parkway/Union -- --
REX into ANR - Shelby -- --
REX into MGT - Edgar -- -0.15 to -0.15
REX into NGPL - Moultrie -- -0.16 to -0.155
REX into PEPL - Putnam -- -0.15 to -0.15
REX into Trunk - Douglas -- --
Midcontinent
ANR SW -- -0.335 to -0.325
Enable East -- -0.265 to -0.25
Enable West -- --
NGPL Midcontinent 2.63 to 2.63 -0.315 to -0.315
Northern Border Ventura -- --
Northern Natural Demarc 2.73 to 2.74 -0.17 to -0.17
Northern Natural Ventura 2.70 to 2.75 --
OGT 2.30 to 2.32 --
Panhandle Eastern -- -0.42 to -0.3825
Southern Star -- -0.43 to -0.42
North Louisiana/Arkansas
Perryville -- --
Texas Eastern, M1, 24 -- --
Texas Gas Zone 1 -- -0.13 to -0.11
Trunkline Zone 1A -- -0.13 to -0.125
South Louisiana
ANR SE -- -0.10 to -0.095
Columbia Gulf Mainline -- -0.12 to -0.10
Columbia Gulf onshore -- -0.085 to -0.07
Florida Gas Zone 2 -- --
Henry Hub -- -0.01 to 0.00
Southern Natural -- --
Tennessee Line 500 -- -0.07 to -0.07
Tennessee Line 800 -- -0.10 to -0.09
Texas Eastern E. LA -- -0.10 to -0.085
Texas Eastern W. LA -- --
Texas Gas Zone SL -- --
Transco Zone 3 -- -0.055 to -0.045
Trunkline E. LA -- --
Trunkline W. LA -- --
Southeast
FGT Citygate -- --
Florida Gas Zone 3 -- -0.035 to -0.015
Texas Eastern M-1, 30 -- --
Transco Zone 4 -- -0.05 to -0.0425
Transco Zone 5 -- 0.0125 to 0.025
Transco Zone 5 North -- --
Transco Zone 5 South -- 0.0125 to 0.025
Appalachia
Columbia Gas -- -0.18 to -0.17
Dominion North -- -1.28 to -1.275
Dominion South 1.62 to 1.64 -1.335 to -1.19
Leidy Hub -- --
Millennium East Pool -- --
Tenn Zone 4 200L -- -0.98 to -0.87
Tennessee Zn 4 313 Pool -- -1.02 to -0.98
Tennessee Zn 4 Marcellus -- -1.425 to -1.37
Texas Eastern M-2, 30 Delivery -- --
Texas Eastern M-2, 30 Receipt -- -1.38 to -1.26
Texas Eastern M-3, Delivery -- -1.28 to -1.07
Texas Eastern M-3, Receipt -- --
Transco-Leidy Line -- -1.375 to -1.24
Northeast
Algonquin Citygate -- -0.70 to -0.61
Algonquin Citygate (non-G) -- -0.70 to -0.61
Algonquin Receipts -- --
Iroquois Zone 2 -- -0.515 to -0.29
Iroquois, Waddington -- --
Niagara -- --
Tenn Zone 5 200L -- --
Tenn Zone 5 300L -- --
Tenn Zone 6 200L -- -0.625 to -0.625
Tenn Zone 6 300L -- --
Transco Zone 6 non-NY -- -0.55 to -0.35
Transco Zone 6 non-NY North -- -0.55 to -0.35
Transco Zone 6 non-NY South -- --
Transco Zone 6 NY -- -0.59 to -0.445
Rocky Mountains
Cheyenne Hub 2.56 to 2.57 --
CIG 2.55 to 2.56 --
CIG DJ Basin 2.51 to 2.51 --
El Paso Bondad -- --
El Paso non-Bondad 2.55 to 2.56 --
Kern River 2.61 to 2.64 --
Kingsgate -- --
Northwest S. of Green River -- --
Northwest Sumas 2.52 to 2.58 --
Northwest Wyoming Pool 2.60 to 2.60 --
Opal 2.59 to 2.66 --
Questar -- --
Stanfield 2.62 to 2.62 --
Transwestern San Juan 2.57 to 2.61 --
White River Hub -- --
Arizona/Nevada
El Paso S. Mainline/N. Baja -- --
Kern Delivery -- --
California
Malin 2.69 to 2.73 --
PG&E Citygate 3.33 to 3.36 --
SoCal Citygate 3.17 to 3.29 --
Southern Border, PG&E -- --
Southern Border, SoCal 2.81 to 2.98 --
SoCal Border Avg. 2.81 to 2.98 --
Canada
Empress 1.65 to 2.02 --
NOVA/AECO C 1.14 to 1.80 --
Westcoast Station 2 -- --