Story of the Day

New Mexico Exploring Ways to Better Reuse Oil, Natural Gas Wastewater
Shale Daily
State and federal officials hope to finalize by year’s end a draft proposal about how arid New Mexico... Read More
Re-use-recyling-and-renewable-water-scenarios-20181120

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NGI's Shale Daily

November 21, 2018

Appalachian Natural Gas Industry Hopeful After Midterm Elections

While very little changed politically across the Appalachian Basin’s key oil and natural gas producing states, the industry sees both opportunities and challenges after the midterm elections as Democrats and Republicans step into new roles throughout the region.

Oasis Adding Williston Rig Next Month, Prepping for 2019 Field Development

Houston-based Oasis Petroleum Inc. said it plans to add a fifth operated rig to the Williston Basin next month, and will target multiple zones of the Permian Basin's Wolfcamp and Third Bone Spring formations for development next year, where it also may add a third rig next summer.
Re-Use-Recyling-and-Renewable-Water-Scenarios-20181120

New Mexico Exploring Ways to Better Reuse Oil, Natural Gas Wastewater

State and federal officials hope to finalize by year’s end a draft proposal about how arid New Mexico...

North Dakota Oil, Gas Industry Breaks More Production Records

The energy industry in North Dakota broke virtually all the records in September, according to the most recent statistics from the Department of Mineral Resources (DMR).

Aethon Buys More Haynesville Assets as QEP Keeps Focus on Permian

QEP Resources Inc., which is inching toward Permian Basin pure-play status, agreed Monday to cast off its Haynesville Shale/Cotton Valley assets in northwestern Louisiana to Aethon Energy for $735 million.

Clearlake’s IronGate, Knight Merger Expands North American Oil, Gas Rental Services

Private equity giant Clearlake Capital Group LP is merging portfolio companies IronGate Energy Services and Knight Oil Tools to create Knight Energy Services as one of the largest independent oil and gas rental tool companies in North America.

Increased Oil, Gas Production Boosts Interior Lands Revenue by $400M in 2017

Increased oil and natural gas production, as well as regulatory reform and other factors, led to a $400 million surge in economic output on federal lands during the first year of the Trump administration, according to a report by the Interior Department.
Cimarex-ResoluteProFormaLeaseholdMap

Cimarex $1.6B Tie-Up with Resolute Builds Permian Delaware Prospects

Denver-based Cimarex Energy Co., whose exploration efforts are concentrated in the Anadarko and Permian basins, agreed Monday...

Anadarko’s 2019 Mantra: Spend Less, Produce More

Anadarko Petroleum Corp. is promising more production on a leaner budget in 2019, even as it gears investments to a conservative $3.00/Mcf natural gas price and $50/bbl oil.
sdbaker1116

Eagle Ford Drilling Up as BHGE’s U.S. Rig Count Ticks Higher

The U.S. rig count increased by one to 1,082 for the week ended Friday (Nov. 16), driven by an uptick in oil-directed drilling, including gains in the Eagle Ford Shale, according to data from Baker Hughes, a GE Company.
Helmerich-and-Payne-Global-Rig-Fleet-20181116

Helmerich & Payne’s U.S. Onshore Activity Rising, Super-Spec Rig Demand Strong

U.S. land activity for drilling rig specialist Helmerich & Payne Inc. increased nearly 6% in fiscal 4Q2018, with spot pricing up...
Monthly-North-Dakota-Crude-Oil-Production-and-North-Dakota-Sweet-Crude-Price-20181116

North Dakota Refinery Construction Continues Despite Court Challenge

Construction on a crude oil refinery in North Dakota billed as the “cleanest” and first new U.S.-based facility in 50 years is ongoing despite a lawsuit that challenges the legitimacy of the state’s permitting process.

Brief -- EQT Fine

Oklahoma Supreme Court Tosses Kingfisher County Oil, Gas Wastewater Ordinance

Oklahoma regulators have exclusive jurisdiction over all oil and natural gas operations, the state’s high court has ruled, siding against Kingfisher County officials, who had attempted to ban the use of temporary wastewater lines on private property.
Total-US-Weekly-Oil-and-Gas-Drilling-Rig-Count-20181115.png

U.S. Oil, Gas Permitting Still Rising, Pointing to Stronger Activity in 2019, Says Evercore

U.S. oil and gas drilling permits climbed 23% year/year in October and were up 39% from September...

3D"Sign

NGI's Bidweek Alert Day 5 - October 31th for November 2018
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 -- -0.0900 to -0.0900
Texas Eastern S. TX -- 0.0400 to 0.0800
Transco Zone 1 -- -0.0650 to -0.0650
East Texas
Carthage -- -0.1400 to -0.1300
Houston Ship Channel 3.350 to 3.350 --
Katy -- --
NGPL TexOk -- -0.1250 to -0.1025
Tennessee Zone 0 North -- --
Texas Eastern E. TX -- --
Transco Zone 2 -- --
West Texas/SE New Mexico
El Paso Permian 1.610 to 2.100 --
El Paso - Keystone Pool 1.610 to 1.730 --
El Paso - Plains Pool 2.100 to 2.100 --
El Paso - Waha Pool 1.690 to 1.720 --
Transwestern 1.610 to 1.760 --
Transwestern - Central -- --
Transwestern - W. TX 1.610 to 1.760 --
Waha 1.350 to 1.720 --
Midwest
Alliance -- --
ANR ML7 -- --
Chicago Citygate 3.410 to 3.560 --
Chicago - Nicor Gas 3.525 to 3.540 --
Chicago - NIPSCO 3.410 to 3.560 --
Chicago - North Shore -- --
Chicago - Peoples 3.510 to 3.510 --
Consumers Energy -- 0.1200 to 0.1800
Dawn 3.300 to 3.450 0.2200 to 0.3200
Emerson -- 0.1800 to 0.2800
Joliet -- --
Lebanon -- -0.1000 to -0.0900
Michigan Consolidated 3.225 to 3.280 0.0800 to 0.1300
NGPL Amarillo Mainline -- --
Parkway/Union 3.370 to 3.445 0.3050 to 0.3550
REX Zone 3 Delivered -- -0.0900 to -0.0850
REX into ANR - Shelby -- -0.0850 to -0.0850
REX into MGT - Edgar -- --
REX into NGPL - Moultrie -- --
REX into PEPL - Putnam -- -0.0900 to -0.0900
REX into Trunk - Douglas -- --
Midcontinent
ANR SW 2.800 to 2.855 -0.3250 to -0.3000
Enable East -- -0.2450 to -0.2300
Enable West -- --
NGPL Midcontinent 2.530 to 2.720 -0.4800 to -0.4800
Northern Border Ventura 3.340 to 3.395 --
Northern Natural Demarc 3.255 to 3.455 --
Northern Natural Ventura 3.295 to 3.575 --
OGT 1.900 to 1.900 -1.2900 to -1.2700
Panhandle Eastern 2.670 to 2.890 -0.4400 to -0.3500
Southern Star -- --
North Louisiana/Arkansas
Perryville -- --
Texas Eastern, M1, 24 -- --
Texas Gas Zone 1 -- -0.1325 to -0.1150
Trunkline Zone 1A -- -0.1300 to -0.1175
South Louisiana
ANR SE -- -0.1300 to -0.1000
Columbia Gulf Mainline -- -0.1450 to -0.1350
Columbia Gulf onshore -- --
Florida Gas Zone 2 -- --
Henry Hub -- 0.0050 to 0.0100
Southern Natural -- -0.0375 to -0.0300
Tennessee Line 500 -- -0.0450 to -0.0300
Tennessee Line 800 -- -0.0700 to -0.0650
Texas Eastern E. LA -- -0.1250 to -0.1250
Texas Eastern W. LA -- -0.0500 to -0.0500
Texas Gas Zone SL -- --
Transco Zone 3 -- -0.0300 to -0.0150
Trunkline E. LA -- --
Trunkline W. LA -- --
Southeast
FGT Citygate -- --
Florida Gas Zone 3 -- 0.0500 to 0.0500
Texas Eastern M-1, 30 -- -0.0900 to -0.0900
Transco Zone 4 -- -0.0250 to -0.0100
Transco Zone 5 -- 0.1550 to 0.1600
Transco Zone 5 North -- --
Transco Zone 5 South -- 0.1550 to 0.1600
Appalachia
Columbia Gas -- -0.2475 to -0.2275
Dominion North -- --
Dominion South -- -0.4550 to -0.3800
Leidy Hub -- --
Millennium East Pool -- -0.3600 to -0.3000
Tenn Zone 4 200L -- -0.1650 to -0.1300
Tennessee Zn 4 313 Pool -- --
Tennessee Zn 4 Marcellus -- -0.3800 to -0.3000
Texas Eastern M-2, 30 Delivery -- --
Texas Eastern M-2, 30 Receipt -- -0.4300 to -0.3800
Texas Eastern M-3, Delivery -- -0.1800 to -0.1500
Texas Eastern M-3, Receipt -- --
Transco-Leidy Line -- -0.3200 to -0.2900
Northeast
Algonquin Citygate -- 0.3500 to 0.6000
Algonquin Citygate (non-G) -- 0.3500 to 0.6000
Algonquin Receipts -- --
Iroquois Zone 2 -- 0.5000 to 0.5300
Iroquois, Waddington -- 0.4000 to 0.4800
Niagara -- 0.1200 to 0.1500
Tenn Zone 5 200L -- --
Tenn Zone 5 200L East -- --
Tenn Zone 5 200L West -- --
Tenn Zone 5 300L -- --
Tenn Zone 6 200L -- 0.5500 to 1.6000
Tenn Zone 6 200L North -- 1.5500 to 1.6000
Tenn Zone 6 200L South -- 0.5500 to 0.5700
Tenn Zone 6 300L -- --
Transco Zone 6 non-NY -- -0.1200 to -0.0350
Transco Zone 6 non-NY North -- -0.1200 to -0.0350
Transco Zone 6 non-NY South -- --
Transco Zone 6 NY -- -0.0500 to 0.0400
Rocky Mountains
Cheyenne Hub 2.950 to 3.140 --
CIG 2.950 to 3.140 --
CIG DJ Basin -- --
El Paso Bondad -- --
El Paso San Juan 1.920 to 2.360 --
Kern River 3.220 to 3.250 --
Kingsgate -- --
Northwest S. of Green River -- --
Northwest Sumas 12.000 to 15.250 --
Northwest Wyoming Pool -- --
Opal 3.155 to 3.280 --
Questar -- --
Stanfield 3.440 to 3.750 --
Transwestern San Juan -- --
White River Hub -- --
Arizona/Nevada
El Paso S. Mainline/N. Baja -- --
Kern Delivery 3.675 to 3.960 --
California
Malin 3.295 to 3.390 --
PG&E Citygate 3.750 to 4.200 --
SoCal Citygate 5.610 to 5.905 --
Southern Border, PG&E 2.400 to 2.420 --
Southern Border, SoCal 2.270 to 4.000 --
SoCal Border Avg. 2.270 to 4.000 --
SoCal Border - Blythe -- --
SoCal Border - Ehrenberg 2.355 to 2.910 --
SoCal Border - Kern River Station -- --
SoCal Border - Kramer 3.950 to 4.000 --
SoCal Border - Needles 2.270 to 2.270 --
SoCal Border - Topock -- --
SoCal Border - Wheeler Ridge 3.850 to 3.850 --
Canada
Alliance (APC) - ATP 1.950 to 1.975 --
Empress 3.495 to 3.680 --
NOVA/AECO C 1.650 to 1.825 --
Westcoast Station 2 0.570 to 0.895 --
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.