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Waha Crater Deepens; Natural Gas Futures Unmoved by Latest EIA Data
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An on-target Energy Information Administration (EIA) storage report, along with a mix of bearish and bullish macro factors heading into the... Read More
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NGI's Daily Gas Price Index

March 21, 2019

EIAStorage03151

Waha Crater Deepens; Natural Gas Futures Unmoved by Latest EIA Data

An on-target Energy Information Administration (EIA) storage report, along with a mix of bearish and bullish macro factors heading into the...
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U.S. LNG Onslaught Proving ‘Too Much to Handle’ for Asian Markets

Analysts with BofA Merrill Lynch Global Research said Thursday the onslaught of U.S. natural gas exports may be too much for the Asian market to digest, which means there is more pressure for European demand to balance the global markets.

LNG Analysis 'Breakthrough' at FERC Not a Breakthrough After All, Says Glick

An agreement touted by Chairman Neil Chatterjee last month as a "significant" breakthrough in FERC's evaluation of liquefied natural gas export terminal applications may not live up to the hype, according to at least one Commissioner.

Murphy Putting Capital to Work in Eagle Ford, GOM with Sale of Malaysian Business

To keep its focus -- and capital -- on a U.S. portfolio concentrated in the Gulf of Mexico and the Eagle Ford Shale, Murphy Oil Corp. on Thursday said it is exiting Malaysia in a deal worth more than $2 billion.

FERC Opens Another Natural Gas Pipeline Rate Investigation

FERC has opened an investigation and ordered a hearing to determine if Stagecoach Pipeline & Storage Co. may be substantially over-recovering its cost of service, and also closed proceedings involving more than three dozen other companies.
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Natural Gas Futures Reaction Muted After On-Target EIA Report, Small Bearish Revision

The Energy Information Administration on Thursday reported an on-target 47 Bcf weekly withdrawal from U.S. natural gas stocks, and...

Federal Oil, Natural Gas Leasing in Jeopardy After Wyoming Ruling

Wyoming's resurgent oil and natural gas production may be in jeopardy after a federal judge on Tuesday ruled against the Interior Department's Bureau of Land Management (BLM) for not adequately considering the effects of climate change in authorizing lease sales in the West.

NGTL Tolls to Increase for BC Producers Under Rate Proposal

Unconventional producers in northern British Columbia (BC) are facing premium pipeline tolls to connect their wells to TransCanada Corp.’s western supply collection grid, Nova Gas Transmission Ltd. (NGTL).

Light Natural Gas Storage Withdrawal Expected; Futures Called Lower

With the market anticipating a relatively small withdrawal figure from upcoming Energy Information Administration (EIA) storage data, natural gas futures were trading slightly lower early Thursday. The April Nymex futures contract was off 1.1 cents to $2.809/MMBtu shortly after 8:30 a.m. ET.
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Balances Seen Loosening as Natural Gas Futures Slip; Storm Threatens Snow for Northeast

Recovering production volumes and weaker demand amid the transition to spring helped pressure natural gas futures lower Wednesday as the front month continued to bounce around a tight trading range.

Federal Court Stays PennEast Construction Pending Appeal

The U.S. Court of Appeals for the Third Circuit this week stayed construction of the PennEast Pipeline pending the outcome of an appeal filed by New Jersey challenging the project’s ability to exercise eminent domain for preserved state land.

Mississippi Canyon Yields Most -- and Highest -- Bids in BOEM Lease Sale

A cadre of 30 oil and gas producers submitted 257 total bids in Wednesday’s Gulf of Mexico (GOM) region-wide auction, with the Mississippi Canyon drawing the highest bid and a unit of Royal Dutch Shell plc far and away outbidding everybody.
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Venture Global Secures Another FERC OK for One Louisiana LNG Project

The pieces of the puzzle are falling into place for one of two liquefied natural gas export facilities proposed by Venture Global LNG Inc. on the Louisiana coast after federal regulators on Tuesday approved full site preparation for the Calcasieu Pass project.
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Judge Orders Wyoming Drilling Halted on Climate Change Issues

A federal judge ruled late Tuesday that the Interior Department's Bureau of Land Management did an inadequate job of considering...
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Mexico Bid Round Winner Talos To Drill Five Additional Wells This Year -- Bonus Coverage

Talos Energy Inc. plans to drill two exploration wells, two delineation wells, and one appraisal well this year in shallow waters off the coast of southeastern Mexico, CEO Timothy Duncan said last week.

3D"Sign

NGI's Bidweek Alert Day 5 - February 28th for March 2019
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 -- -0.1000 to -0.0950
Texas Eastern S. TX -- -0.0800 to -0.0700
Transco Zone 1 -- -0.0500 to -0.0500
East Texas
Carthage -- -0.1625 to -0.1350
Houston Ship Channel 2.720 to 2.780 --
Katy -- --
NGPL TexOk -- -0.1650 to -0.1325
Tennessee Zone 0 North -- --
Texas Eastern E. TX -- --
Transco Zone 2 -- --
West Texas/SE New Mexico
El Paso Permian 1.000 to 1.900 --
El Paso - Keystone Pool 1.020 to 1.270 --
El Paso - Plains Pool 1.750 to 1.900 --
El Paso - Waha Pool 1.000 to 1.180 --
Transwestern 1.000 to 1.250 --
Transwestern - Central 1.100 to 1.230 --
Transwestern - W. TX 1.000 to 1.250 --
Waha 1.000 to 1.220 --
Midwest
Alliance -- --
ANR ML7 -- --
Chicago Citygate 2.660 to 3.000 --
Chicago - Nicor Gas 2.675 to 3.000 --
Chicago - NIPSCO 2.665 to 2.850 --
Chicago - North Shore -- --
Chicago - Peoples 2.660 to 2.660 --
Consumers Energy -- 0.0300 to 0.0550
Dawn 2.955 to 3.085 0.0650 to 0.1750
Emerson 2.900 to 2.950 -0.0600 to 0.1500
Joliet -- --
Lebanon -- -0.0300 to -0.0300
Michigan Consolidated 2.720 to 2.800 -0.0300 to 0.0500
NGPL Amarillo Mainline -- --
Parkway/Union 3.075 to 3.160 0.1275 to 0.2450
REX Zone 3 Delivered -- -0.0800 to -0.0300
REX into ANR - Shelby -- -0.0550 to -0.0300
REX into MGT - Edgar -- --
REX into NGPL - Moultrie -- -0.0800 to -0.0300
REX into PEPL - Putnam -- -0.0500 to -0.0300
REX into Trunk - Douglas -- --
Midcontinent
ANR SW 2.315 to 2.650 -0.2500 to -0.2500
Enable East 2.580 to 2.650 -0.2400 to -0.2300
Enable West -- --
NGPL Midcontinent 2.540 to 2.575 -0.5900 to -0.5900
Northern Border Ventura 3.100 to 3.145 0.0100 to 0.0100
Northern Natural Demarc 2.585 to 2.990 -0.1000 to -0.1000
Northern Natural Ventura 2.660 to 2.920 0.0000 to 0.1000
OGT 1.930 to 2.075 -0.8000 to -0.7700
Panhandle Eastern 2.540 to 2.540 -0.4500 to -0.3350
Southern Star -- --
North Louisiana/Arkansas
Perryville -- --
Texas Eastern, M1, 24 -- --
Texas Gas Zone 1 -- -0.1300 to -0.1250
Trunkline Zone 1A -- -0.1350 to -0.1100
South Louisiana
ANR SE -- -0.1000 to -0.0900
Columbia Gulf Mainline 2.690 to 2.690 -0.1650 to -0.1375
Columbia Gulf onshore -- -0.0850 to -0.0850
Florida Gas Zone 2 -- --
Henry Hub -- 0.0000 to 0.0000
Southern Natural -- -0.0700 to -0.0525
Tennessee Line 500 -- -0.0700 to -0.0600
Tennessee Line 800 -- -0.0950 to -0.0900
Texas Eastern E. LA -- -0.1100 to -0.1075
Texas Eastern W. LA -- --
Texas Gas Zone SL -- --
Transco Zone 3 -- -0.0475 to -0.0350
Trunkline E. LA -- --
Trunkline W. LA -- --
Southeast
FGT Citygate -- --
Florida Gas Zone 3 -- -0.0350 to -0.0025
Texas Eastern M-1, 30 -- --
Transco Zone 4 -- -0.0600 to -0.0275
Transco Zone 5 -- 0.1350 to 0.2500
Transco Zone 5 North -- 0.1750 to 0.1750
Transco Zone 5 South -- 0.1350 to 0.2500
Appalachia
Columbia Gas -- -0.2300 to -0.1750
Dominion North -- -0.2200 to -0.1850
Dominion South -- -0.2450 to -0.2000
Leidy Hub -- --
Millennium East Pool -- -0.2650 to -0.1850
Tenn Zone 4 200L -- -0.1650 to -0.1350
Tennessee Zn 4 313 Pool -- --
Tennessee Zn 4 Marcellus -- -0.2800 to -0.2375
Texas Eastern M-2, 30 Delivery -- --
Texas Eastern M-2, 30 Receipt -- -0.3200 to -0.2300
Texas Eastern M-3, Delivery -- 0.0200 to 0.1800
Texas Eastern M-3, Receipt -- --
Transco-Leidy Line -- -0.2400 to -0.1850
Northeast
Algonquin Citygate -- 1.6000 to 1.7100
Algonquin Citygate (non-G) -- 1.6000 to 1.7100
Algonquin Receipts -- --
Iroquois Zone 2 -- 0.7500 to 0.9100
Iroquois, Waddington -- 0.3000 to 0.5000
Niagara -- 0.0500 to 0.0500
Tenn Zone 5 200L -- --
Tenn Zone 5 200L East -- --
Tenn Zone 5 200L West -- --
Tenn Zone 5 300L -- --
Tenn Zone 6 200L -- 1.6500 to 1.6500
Tenn Zone 6 200L North -- --
Tenn Zone 6 200L South -- 1.6500 to 1.6500
Tenn Zone 6 300L -- --
Transco Zone 6 non-NY -- 0.0200 to 0.1000
Transco Zone 6 non-NY North -- 0.0200 to 0.1000
Transco Zone 6 non-NY South -- --
Transco Zone 6 NY -- 0.1800 to 0.2800
Rocky Mountains
Cheyenne Hub 2.410 to 2.600 --
CIG 2.410 to 2.750 --
CIG DJ Basin -- --
El Paso Bondad -- --
El Paso San Juan 2.120 to 2.400 --
Kern River 4.450 to 4.450 --
Kingsgate -- --
Northwest S. of Green River 2.400 to 2.680 --
Northwest Sumas 6.200 to 15.000 --
Northwest Wyoming Pool 4.400 to 4.400 --
Opal 3.520 to 4.470 --
Questar -- --
Stanfield 3.900 to 4.500 --
Transwestern San Juan 2.300 to 2.300 --
White River Hub 2.360 to 2.700 --
Arizona/Nevada
El Paso S. Mainline/N. Baja 2.990 to 3.150 --
Kern Delivery 4.290 to 5.200 --
California
Malin 3.550 to 4.500 --
PG&E Citygate 3.820 to 4.990 --
SoCal Citygate 5.150 to 6.000 --
Southern Border, PG&E 2.200 to 2.520 --
Southern Border, SoCal 2.800 to 4.850 --
SoCal Border Avg. 2.800 to 4.850 --
SoCal Border - Blythe -- --
SoCal Border - Ehrenberg 2.800 to 2.900 --
SoCal Border - Kern River Station -- --
SoCal Border - Kramer 4.850 to 4.850 --
SoCal Border - Needles -- --
SoCal Border - Topock -- --
SoCal Border - Wheeler Ridge -- --
Canada
Alliance (APC) - ATP -- --
Empress 2.705 to 3.125 --
NOVA/AECO C 2.170 to 2.520 --
Westcoast Station 2 0.970 to 1.150 --
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.