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Leticia Gonzales

Leticia Gonzales joined the NGI staff as a markets contributor in October 2014. Prior to joining NGI, Leticia spent nine years at Platts, covering both daily and forwards markets for natural gas and electricity. During her time there, she was a regular on the speaking circuit as well on Platts Energy Week TV. Leticia holds a bachelor of science degree from the University of Houston.

Range Capex Tracking Below Guidance, but Production Trending Higher

Range Capex Tracking Below Guidance, but Production Trending Higher

Range Resources Corp. said lower processing and transportation costs helped to offset weaker pricing for natural gas liquids (NGL) and other energy commodities during the second quarter, putting the Fort Worth, TX-based independent producer on track to spend at or below its 2020 capital budget. Range dropped $99 million on drilling and completions activity during…

July 28, 2020
DAPL Awaiting Appeals Court Decision on Operations Status

DAPL Awaiting Appeals Court Decision on Operations Status

It’s now a waiting game for the Dakota Access Pipeline (DAPL) after both sides in the oil pipeline’s ongoing legal battle have had their say regarding the motion to stay a lower court’s order to temporarily shut and empty the system. In a filing Thursday (July 23) in the U.S. Court of Appeals for the…

July 27, 2020
Heat Fails to Ignite Rally for Natural Gas Forwards as Exports, Economy Weigh on Market

Heat Fails to Ignite Rally for Natural Gas Forwards as Exports, Economy Weigh on Market

In an ominous sign of what may evolve to the end of the year, scorching heat across most of the country failed to spark a rally in natural gas forward prices for the July 16-22 period, according to NGI’s Forward Look. Instead, persistently weak global exports and continued uncertainty over the level of economic recovery…

July 24, 2020
Natural Gas Forwards Slide Shows Sweltering Heat No Match for Weak Export Demand, Covid-19

Natural Gas Forwards Slide Shows Sweltering Heat No Match for Weak Export Demand, Covid-19

In an ominous sign of what may evolve to the end of the year, scorching heat across most of the country failed to spark a rally in natural gas forward prices for the July 16-22 period, according to NGI’s Forward Look. Instead, persistently weak global exports and continued uncertainty over the level of economic recovery…

July 23, 2020
Kinder Morgan Progressing Key Natural Gas, Export Projects

Kinder Morgan Progressing Key Natural Gas, Export Projects

The double whammy of Covid-19 and an oil market downturn resulted in stinging declines on the Kinder Morgan Inc. (KMI) pipeline network, but the midstream giant reported a fair share of green shoots during a second quarter earnings call. Houston-based KMI on Wednesday reported higher natural gas transport volumes year/year and said nearly all of…

July 23, 2020
U.S. Midstream Answers to Regulatory, Legal Challenges in Focus as 2Q Results Unfold

U.S. Midstream Answers to Regulatory, Legal Challenges in Focus as 2Q Results Unfold

The recent legal and regulatory setbacks for a handful of U.S. pipeline companies, as well as the uncertain outlook in oil and natural gas demand from Covid-19, may come more sharply into view as midstream second quarter earnings are unveiled. “Earnings season is about much more than the quarterly results, and this go-round will be…

July 22, 2020
Transco Expansion Approved to Connect Marcellus, Utica Natural Gas to Eastern Markets

Transco Expansion Approved to Connect Marcellus, Utica Natural Gas to Eastern Markets

FERC last Friday approved the Williams Leidy South natural gas pipeline project that would connect Marcellus/Utica shale supply to demand markets along the Atlantic Seaboard ahead of the 2021-2022 winter. The 582,400 Dth/d pipeline, an extension of the massive Transcontinental Gas Pipe Line system, aka Transco, would source gas produced by Cabot Oil & Gas…

July 22, 2020
Louisiana Property Owners Awarded Larger Payout in Court Fight Against Bayou Bridge

Louisiana Property Owners Awarded Larger Payout in Court Fight Against Bayou Bridge

Louisiana landowners involved in a lawsuit over the Bayou Bridge Pipeline (BBP), the last segment of the controversial Dakota Access pipeline system (DAPL), were awarded a larger payout after an appeals court reversed a ruling. In his decision on Thursday, Judge Jonathan Perry of the U.S. Court of Appeals for the Third in Louisiana said…

July 20, 2020
Trading Behemoth Vitol Launching U.S. Upstream Company

Trading Behemoth Vitol Launching U.S. Upstream Company

Swiss commodities giant Vitol Inc. is seeking to expand its upstream business in the United States with a venture to be headquartered in Houston and led by industry veteran Don Dotson. Vencer Energy LLC is focused on acquiring mature producing oil and gas assets, with a specific focus on key basins in the Lower 48.…

July 20, 2020
Permian Crude Sets Sail from Buckeye’s New South Texas Export Terminal

Permian Crude Sets Sail from Buckeye’s New South Texas Export Terminal

Sourced with Permian Basin crude oil, Buckeye Partners LP on Thursday loaded the first vessel for export at its new South Texas Gateway (STG) terminal in Ingleside, TX. The start of operations at the terminal, located at the mouth of the Corpus Christi Ship Channel, follows first deliveries of crude in June from one of…

July 17, 2020