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U.S. Down One Natural Gas Rig; Another Sharp Decline For Oil Patch
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U.S. Down One Natural Gas Rig; Another Sharp Decline For Oil Patch

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NGI's Daily Gas Price Index

November 18, 2019

Weather Data Presents ‘Mixed Risks’ as Natural Gas Futures Rally Ahead of Weekend

Helped by recent model runs returning cold to the outlook, natural gas futures gained Friday as the market looked ahead to the weekend weather data for more clarity on the upcoming pattern. The December Nymex contract picked up 4.1 cents to settle at $2.688/MMBtu after trading as high as $2.724 and as low as $2.606. January settled at $2.750, up 3.1 cents.

Weekly U.S. LNG Exports Increase, Deepening Global Supply Glut -- Bonus Coverage

U.S. liquefied natural gas (LNG) exports ticked upward over the last week, building on a strong month in October for the global market as colder weather set in.

Steel Reef Buys Crescent Point NatGas Midstream Holdings in Saskatchewan

A private Calgary gas processing and transportation firm, Steel Reef Infrastructure Corp., has grown its natural gas network in Saskatchewan with a C$500 million ($375 million) purchase from Crescent Point Energy Corp., which includes assets with throughput capacity of more than 90 MMcf/d.
HenryHubFuturesNGI

Polar Blast’s Exit Leaves Natural Gas Forwards Spiraling Lower; Long-Term Outlook Bleak

With fingers and toes already starting to thaw from the recent Arctic blast, and weather models unclear whether sustained frigid air would return for the rest of November, natural gas bears regained control of the forwards market this week.
usbaker1115

U.S. Down One Natural Gas Rig; Another Sharp Decline For Oil Patch

The U.S. natural gas rig count fell one unit to 129 for the week ended Friday, while a larger decline in oil drilling drove a double-digit drop...

MoGas Gauging Support for Missouri-Illinois Natural Gas Pipeline Expansion

MoGas Pipeline LLC is holding a nonbinding open season through mid-December to test support in firm transportation capacity on its interstate natural gas pipeline in Missouri and Illinois.
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RNG Advocates Spurned as DC Circuit Upholds EPA Biofuel Refinery Waivers

The U.S. Court of Appeals for the District of Columbia Circuit on Tuesday upheld the federal government's waivers for small refineries, which allows them to not include minimum renewables volumes in their transportation fuels to the chagrin of renewable natural gas stakeholders.

Murkowski Anticipates Swift Confirmation for DOE Nominee Dan Brouillette

It was mostly smooth sailing for Dan Brouillette, current deputy secretary at the Department of Energy (DOE), during a hearing of the Senate Energy and Natural Resources Committee Thursday to discuss his nomination to become DOE Secretary when Rick Perry steps down later this year.

Better Agreement Among Weather Models Overnight as Natural Gas Futures Steady

With divergent weather models moving toward a middle ground on the temperature outlook for later this month, natural gas futures were trading close to even early Friday. The December Nymex contract was trading 0.6 cents higher at $2.653/MMBtu shortly after 8:30 a.m. ET.
eia_storage1108

Natural Gas Futures Finish Higher as Traders Mull Differing Weather Models

As the market digested divergent weather outlooks and a slight bearish miss from the latest government storage data, natural gas futures finished higher on Thursday but gave back some of the gains recorded late in the previous session. The December Nymex contract settled at $2.647/MMBtu, up 4.7 cents day/day but well off the $2.696 intraday high. January settled at $2.719, up 2.7 cents.

Texas Tops Investors Preference for North American Oil, Natural Gas Development

Texas has risen to the top in an annual survey of oil and natural gas investment preferences by the Fraser Institute, the Canadian-based policy and economics research firm.

UGI Completes Expansion of Northeast Pennsylvania Natural Gas Gathering System

UGI Energy Services Inc. has completed the fourth expansion of its flagship Auburn natural gas gathering system in perennially constrained Northeast Pennsylvania.

PennEast to Seek U.S. Supreme Court Review for New Jersey Land Access

PennEast Pipeline Co. LLC said Thursday it is taking a fight with New Jersey over its ability to exercise eminent domain to the U.S. Supreme Court.
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Global NatGas Market Still Oversupplied in 2020; Weak Pricing Seen Threatening U.S. LNG Shut-Ins

Global natural gas prices are on the rise as November has gotten off to a chilly start, but a warmer forecast for the...
eia_storage1108

Natural Gas Futures Retreat as EIA Report Misses, Extends Injection Season

The Energy Information Administration (EIA) reported a net 3 Bcf injection into U.S. natural gas stocks Thursday, extending the refill season another week...

3D"Sign

NGI's Bidweek Alert Day 5 - October 31st for November 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 -- --
Texas Eastern S. TX -- -0.1100 to -0.1000
Transco Zone 1 -- -0.0900 to -0.0850
East Texas
Carthage -- -0.2200 to -0.2200
Houston Ship Channel 2.520 to 2.520 -0.0950 to -0.0775
Katy -- --
NGPL TexOk -- -0.1900 to -0.1700
Tennessee Zone 0 North -- -0.1950 to -0.1950
Texas Eastern E. TX -- --
Transco Zone 2 -- --
West Texas/SE New Mexico
El Paso Permian 0.570 to 1.900 --
El Paso - Keystone Pool 0.570 to 1.350 --
El Paso - Plains Pool 1.200 to 1.900 --
El Paso - Waha Pool 0.580 to 1.080 --
Transwestern 0.500 to 1.000 --
Transwestern - Central 0.500 to 0.500 --
Transwestern - W. TX 1.000 to 1.000 --
Waha 0.420 to 1.400 --
Midwest
Alliance -- --
ANR ML7 -- --
Chicago Citygate 2.290 to 2.640 --
Chicago - Nicor Gas 2.290 to 2.555 --
Chicago - NIPSCO 2.320 to 2.640 --
Chicago - North Shore -- --
Chicago - Peoples -- --
Consumers Energy -- -0.0750 to -0.0450
Dawn 2.345 to 2.715 0.0200 to 0.1100
Defiance -- -0.1900 to -0.1700
Rover-ANR -- -0.1900 to -0.1700
Rover-Panhandle -- -0.1900 to -0.1900
Emerson -- 0.0800 to 0.1500
Joliet -- --
Lebanon -- -0.1700 to -0.1700
Michigan Consolidated -- -0.1300 to -0.1000
NGPL Amarillo Mainline -- --
Parkway/Union 2.375 to 2.760 --
REX Zone 3 Delivered -- -0.1700 to -0.1450
REX into ANR - Shelby -- -0.1700 to -0.1600
REX into MGT - Edgar -- --
REX into NGPL - Moultrie -- -0.1450 to -0.1450
REX into PEPL - Putnam -- --
REX into Trunk - Douglas -- --
Midcontinent
ANR SW -- -0.3600 to -0.3400
Enable East -- -0.3800 to -0.3200
NGPL Midcontinent 1.700 to 1.830 -0.6500 to -0.6000
Northern Border Ventura -- --
Northern Natural Demarc 2.330 to 2.665 0.0200 to 0.0200
Northern Natural Ventura 2.345 to 2.700 0.0350 to 0.0400
OGT 1.720 to 1.780 -0.9000 to -0.6100
Panhandle Eastern 1.780 to 2.055 -0.6450 to -0.4200
Southern Star 2.190 to 2.190 --
North Louisiana/Arkansas
Perryville -- --
Texas Eastern, M1, 24 -- --
Texas Gas Zone 1 2.580 to 2.580 -0.2350 to -0.2100
Trunkline Zone 1A -- -0.2250 to -0.2150
South Louisiana
ANR SE -- -0.0750 to -0.0750
Columbia Gulf Mainline -- -0.2650 to -0.2400
Columbia Gulf onshore -- -0.1100 to -0.1100
Florida Gas Zone 2 -- --
Henry Hub -- --
Southern Natural -- -0.0575 to -0.0425
Tennessee Line 500 -- -0.0700 to -0.0500
Tennessee Line 800 -- -0.1300 to -0.1050
Texas Eastern E. LA -- -0.1300 to -0.1300
Texas Eastern W. LA -- --
Texas Gas Zone SL -- --
Transco Zone 3 -- -0.0550 to -0.0475
Trunkline E. LA -- --
Trunkline W. LA -- --
Southeast
FGT Citygate -- --
Florida Gas Zone 3 -- 0.0300 to 0.0500
Texas Eastern M-1, 30 -- -0.1600 to -0.1600
Transco Zone 4 -- -0.0375 to -0.0250
Transco Zone 5 -- 0.0500 to 0.0775
Transco Zone 5 North -- --
Transco Zone 5 South -- 0.0500 to 0.0775
Appalachia
Columbia Gas -- -0.4000 to -0.3525
Dominion North -- -0.6000 to -0.5400
Dominion South 2.020 to 2.020 -0.6300 to -0.5350
Leidy Hub -- --
Millennium East Pool -- -0.6000 to -0.5500
Tenn Zone 4 200L -- -0.2700 to -0.2300
Tennessee Zn 4 313 Pool -- -0.4800 to -0.4000
Tennessee Zn 4 Marcellus -- -0.6500 to -0.6050
Texas Eastern M-2, 30 Delivery -- --
Texas Eastern M-2, 30 Receipt -- -0.7450 to -0.6500
Texas Eastern M-3, Delivery -- -0.0600 to 0.0400
Texas Eastern M-3, Receipt -- --
Transco-Leidy Line -- -0.5900 to -0.5500
Northeast
Algonquin Citygate -- 0.9000 to 1.5000
Algonquin Citygate (non-G) -- 0.9000 to 1.5000
Algonquin Receipts -- --
Iroquois Zone 2 -- 0.3900 to 0.6400
Iroquois, Waddington -- 0.2000 to 0.2400
Niagara -- --
Tenn Zone 5 200L -- --
Tenn Zone 5 200L East -- --
Tenn Zone 5 200L West -- --
Tenn Zone 5 300L -- --
Tenn Zone 6 200L -- 0.6500 to 1.3000
Tenn Zone 6 200L North -- --
Tenn Zone 6 200L South -- 0.6500 to 1.3000
Tenn Zone 6 300L -- --
Transco Zone 6 non-NY -- -0.2600 to -0.0700
Transco Zone 6 non-NY North -- -0.2600 to -0.0700
Transco Zone 6 non-NY South -- --
Transco Zone 6 NY -- -0.0800 to 0.0000
Rocky Mountains
Cheyenne Hub 1.860 to 2.200 --
CIG 1.900 to 2.170 --
CIG DJ Basin -- --
El Paso Bondad -- --
El Paso San Juan 1.950 to 2.200 --
Kern River 2.250 to 2.355 --
Kingsgate -- --
Northwest Rockies 2.450 to 2.450 --
Northwest S. of Green River -- --
Northwest Sumas 3.000 to 3.540 --
Northwest Wyoming Pool 2.450 to 2.450 --
Opal 2.250 to 2.510 --
Questar -- --
Stanfield -- --
Transwestern San Juan 2.150 to 2.150 --
White River Hub 2.030 to 2.200 --
Arizona/Nevada
El Paso S. Mainline/N. Baja -- --
Kern Delivery 2.700 to 2.900 --
California
Malin 2.240 to 2.500 --
PG&E Citygate 3.060 to 3.300 --
SoCal Citygate 3.200 to 3.390 --
Southern Border, PG&E -- --
Southern Border, SoCal 2.120 to 2.820 --
SoCal Border Avg. 2.120 to 2.820 --
SoCal Border - Blythe -- --
SoCal Border - Ehrenberg -- --
SoCal Border - Kern River Station -- --
SoCal Border - Kramer 2.720 to 2.820 --
SoCal Border - Needles 2.120 to 2.120 --
SoCal Border - Topock -- --
SoCal Border - Wheeler Ridge -- --
Canada
Alliance (APC) - ATP -- --
Empress 2.560 to 2.985 --
NOVA/AECO C 2.300 to 2.630 --
Westcoast Station 2 1.250 to 1.500 --
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.