Story of the day
Devon, WPX in $12B ‘Merger of Equals,’ Combining Permian, Multi-Basin Portfolios in Lower 48
Markets
Weaker Weather Demand Helps Send Futures Plunging Ahead of October Expiry
A milder weather forecast and a mixed outlook in terms of production and export demand helped send natural gas futures lower in early trading Monday. The expiring October Nymex contract was off 10.9 cents to $2.030/MMBtu at around 8:50 a.m. ET. November futures were down 9.1 cents to $2.716. Weather-driven demand expectations decreased over the…
September 28, 2020
Markets
Latest Hub & Flow Podcast Covers NGI’s Top Natural Gas Marketers Survey — Listen Now
Click here to listen to the latest episode of NGI’s Hub & Flow podcast. NGI’s Associate Editor Kevin Dobbs and Director of Strategy and Research Patrick Rau discuss the results of NGI’s latest Top North American Natural Gas Marketers survey, which found further decreases in sales volumes in the second quarter of 2020. They explore factors affecting market fundamentals and…
September 26, 2020
E&P
U.S. Natural Gas Rigs Up Two on Gains in Northeast
A positive development in an otherwise profoundly challenging stretch for the energy industry, the week ended Friday saw gains in both oil and natural gas drilling, according to the latest numbers from oilfield services provider Baker Hughes Co. (BKR). The U.S. natural gas rig count gained two units to finish the week at 75. Alongside…
September 25, 2020
Regulatory
Colorado Adopts Nation’s Pre-Production Emissions Standards for Oil, Natural Gas Wells
Colorado’s Air Quality Control Commission (AQCC) on Wednesday unanimously adopted ambitious rules aimed at curbing local air pollution and climate-warming greenhouse gas emissions from state oil and natural gas operations. The rules will require high frequency monitoring for gas leaks during the pre-production phase of wells, representing “the first state regulatory system of its kind…
September 25, 2020
Regulatory
Q&A with Rajan Vig on Mexico’s Natural Gas Market Development
Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following question-and-answer (Q&A) column as part of a regular interview series with experts in the Mexican natural gas market. This 40th Q&A in the series is with Rajan Vig, founder of Indimex Group, a Mexico City-headquartered oil…
September 25, 2020
Markets
Weekly Natural Gas Prices Drop Despite Heat in the West, Production Cuts
Weekly natural gas cash market prices escalated three out of five trading days across much of the Lower 48, led higher by cooling demand in the West and production declines in the East and in Texas in the wake of a tropical storm in the Gulf of Mexico (GOM). However, a sharp pull-back late in…
September 25, 2020
Markets
CME Adds Delivery Point for WTI Houston Futures as U.S. Crude Exports Grow
CME Group said Thursday it has added dock allocation as another delivery point for its West Texas Intermediate (WTI) Houston futures contracts on the New York Mercantile Exchange. Pending regulatory review, the new delivery point would be effective with the January 2021 contract. The move would allow WTI Houston crude futures to be delivered directly…
September 25, 2020
Infrastructure
Max Midstream Looking to Pull Permian, Eagle Ford Oil to New Export Terminal Between Houston, Corpus
A Houston-based midstreamer is looking to squeeze in another oil export project on the Texas coast between the massive Houston and Corpus Christi ports that would move Eagle Ford Shale and Permian Basin supply overseas. Max Midstream announced the ambitious plan designed around the Seahawk Pipeline and Terminal in Port Comfort in Calhoun County. The…
September 25, 2020
Infrastructure
NiSource Earmarks $10M to Support Massachusetts Communities Rocked by ‘18 Natural Gas Explosions
The charitable arm of NiSource Inc., whose Massachusetts subsidiary was blamed for a series of natural gas pipeline explosions in 2018, is providing $10 million to support nonprofits in the three communities impacted by the tragedy. The NiSource Charitable Foundation, the parent company of Columbia Gas of Massachusetts, said the grants for up to $250,000…
September 25, 2020Recent News
Markets
Natural Gas Futures Retrench as Weather Demand Diminishes, October Contract Expires
Sep 28, 2020
Infrastructure
More Federal Permits Handed Down as MVP Presses FERC for Construction Restart
Sep 28, 2020
Daily Gas Price Index
As one of only two price reporting agencies that include ICE trade data to determine natural gas price indexes, NGI delivers robust indexes at a competitive price.
• Daily physical spot natural gas price indexes at 170+ locations
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Markets
Latest Hub & Flow Podcast Covers NGI’s Top Natural Gas Marketers Survey — Listen Now
Click here to listen to the latest episode of NGI’s Hub & Flow podcast. NGI’s Associate Editor Kevin Dobbs and Director of Strategy and Research Patrick Rau discuss the results of NGI’s latest Top North American Natural Gas Marketers survey, which found further decreases in sales volumes in the second quarter of 2020. They explore factors affecting market fundamentals and…
September 26, 2020Infrastructure
Energy Transfer’s FGT Under Scrutiny Following Second Rupture This Month
September 25, 2020Mexico Gas Price Index
Daily news and natural gas pricing information service focused on price transparency in Mexico.
• Experienced insight into Mexican regulatory requirements, process guidelines and governmental oversight
• Regular interviews with Mexico natural gas subject matter experts
• NGI-calculated cost-plus-transport pricing, as well as official IPGN pricing
Markets
Weekly Natural Gas Prices Drop Despite Heat in the West, Production Cuts
Weekly natural gas cash market prices escalated three out of five trading days across much of the Lower 48, led higher by cooling demand in the West and production declines in the East and in Texas in the wake of a tropical storm in the Gulf of Mexico (GOM). However, a sharp pull-back late in…
September 25, 2020Regulatory
Colorado Adopts Nation’s Pre-Production Emissions Standards for Oil, Natural Gas Wells
September 25, 2020Shale Daily
Impactful news and transparent pricing for shale and unconventional plays across the U.S. and Canada.
• Natural gas prices at 20+ North American shale basins and unconventional plays
• Quickly understand major factors affecting on of the world’s largest natural gas supplies
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Regulatory
Q&A with Rajan Vig on Mexico’s Natural Gas Market Development
Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following question-and-answer (Q&A) column as part of a regular interview series with experts in the Mexican natural gas market. This 40th Q&A in the series is with Rajan Vig, founder of Indimex Group, a Mexico City-headquartered oil…
September 25, 2020Markets