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North Dakota Still Churning Out Record Production but Prices Falling
Shale Daily
North Dakota Still Churning Out Record Production but Prices Falling

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NGI's Shale Daily

October 18, 2019

DTE-Midstream-Acquisition-Assets-20191018

DTE’s $2.65B Deal with Indigo, Momentum Adds Haynesville Natural Gas Gathering Options

The midstream arm of Detroit-based DTE Energy is reaching its tentacles into Louisiana to acquire an existing natural gas system and a gathering pipeline under construction that would move Haynesville Shale supply to the Gulf Coast.
Department-of-Energy-Secretary-Rick-Perry-20180628

DOE Secretary Rick Perry to Step Down by Year's End

Department of Energy Secretary Rick Perry plans to step down by the end of the year, he said in a letter to President Trump.
sdbaker1018

New Name, Same Story From Baker Hughes: U.S. Rig Count Down Again

Another week of retrenchment saw the U.S. rig count drop five units to 851 as of Friday, including a slowdown in the Marcellus Shale, according to the latest data from Baker Hughes Co.
Weekly-Colorado-Oil-and-Gas-Drilling-Rig-Count-20191018

Stricter Colorado Oil, Gas Drilling Rules Expected Following New Health Study

The Colorado Oil and Gas Conservation Commission plans to bolster oil and natural gas drilling regulations in response to a health study by the Colorado Department of Public Health and Environment.
Monthly-North-Dakota-Crude-Oil-Production-and-North-Dakota-Light-Sweet-Price-20191018

North Dakota Still Churning Out Record Production but Prices Falling

Oil and natural gas production in August again set monthly records in North Dakota, but the statistics belie falling prices since...
Permian-Highway-Pipeline-20180906

Permian ‘Needs Another’ 2 Bcf/d Conduit, But PHP Slipping to 2021, Says Kinder

Start-up for the 2 Bcf/d Permian Highway Pipeline (PHP), the next major project backed by Kinder Morgan...
Regional-Sage-Grouse-Population-Map-20181226

Federal Court Blocks BLM’s Sage Grouse Plans in Seven States

A federal judge on Wednesday blocked the U.S. Bureau of Land Management (BLM) from modifying the greater sage grouse habitat protection plans in seven western states.
Daily-Cushing-OK-WTI-Spot-Price-20191017

Carrizo Boosts 3Q Production, Adds Oil Hedges

Houston-based Carrizo Oil & Gas Inc., in the midst of a contentious takeover by cross-town operator Callon Petroleum Co., said its Texas-focused production during the third quarter climbed 6% sequentially and it also took advantage of a brief oil price rally during September to add to 2020 hedges.

Gulfport 3Q Production Beats Consensus, But Volumes Poised to Fall by Year's End

Gulfport Energy Corp. beat Wall Street consensus by producing 1.527 Bcfe/d in the third quarter, but volumes are likely to decline in the coming months as the company spent the bulk of its drilling and completions budget earlier this year.

Laredo’s Permian-Driven Output Exceeds 3Q Expectations

Laredo Petroleum Inc. said its Permian Basin-driven output was above guidance in the third quarter, while efficiencies reduced completion costs.

Enterprise Green Lights Appalachian Ethane Pipeline Expansion

Enterprise Products Partners LP is moving forward with an expansion of its Appalachia-to-Texas (ATEX) ethane pipeline after a successful open season landed the customer commitments needed to greenlight the project.

Work Begins on Oil Pipeline System in Underdeveloped Region of Alberta

Rangeland Midstream Canada Ltd. has started construction on a crude oil and condensate pipeline system in north-central Alberta and is now targeting a project in-service date of 2Q2020.
Map-of-Central-Basin-Platform-and-Other-Permian-Sub-Basins-20170317

Ring Reports Strong Performance in Permian’s NWS, CBP

Permian Basin explorer Ring Energy Inc. reported results exceeding expectations in the San Andres field...
EIA-NatGas-Production-20191015

Big Seven Unconventional Plays to Produce More than 84 Bcf/d Next Month, Says EIA

Natural gas and oil production out of the United States' seven most prolific onshore unconventional plays will increase yet again in November...

CNX Reaches Settlement with Pennsylvania to Cover Well Plugging Liabilities

CNX Resources Corp. has reached a settlement with Pennsylvania regulators requiring the company to post a $1.48 million performance bond to ensure coverage for the costs of plugging 141 natural gas wells in the southwestern part of the state.

3D"Sign

NGI's Bidweek Alert Day 5 - September 30th for October 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 -- -0.1500 to -0.1000
Texas Eastern S. TX -- -0.1000 to -0.0800
Transco Zone 1 -- -0.0500 to -0.0500
East Texas
Carthage -- -0.3600 to -0.3275
Houston Ship Channel 2.330 to 2.330 --
Katy -- -0.1000 to -0.1000
NGPL TexOk -- -0.4050 to -0.3850
Tennessee Zone 0 North -- -0.3400 to -0.3400
Texas Eastern E. TX -- --
Transco Zone 2 -- --
West Texas/SE New Mexico
El Paso Permian 1.330 to 1.800 --
El Paso - Keystone Pool 1.330 to 1.800 --
El Paso - Plains Pool 1.455 to 1.780 --
El Paso - Waha Pool 1.350 to 1.760 --
Transwestern 1.420 to 1.630 --
Transwestern - Central 1.630 to 1.630 --
Transwestern - W. TX 1.420 to 1.630 --
Waha 1.350 to 1.850 --
Midwest
Alliance -- --
ANR ML7 -- --
Chicago Citygate 2.080 to 2.120 --
Chicago - Nicor Gas 2.110 to 2.120 --
Chicago - NIPSCO 2.080 to 2.110 --
Chicago - North Shore -- --
Chicago - Peoples -- --
Consumers Energy -- -0.5000 to -0.4700
Dawn 1.790 to 1.950 -0.5350 to -0.4550
Defiance -- --
Rover-ANR -- --
Rover-Panhandle -- --
Emerson -- -0.6000 to -0.5300
Joliet -- --
Lebanon -- --
Michigan Consolidated 2.010 to 2.050 -0.5300 to -0.4850
NGPL Amarillo Mainline -- --
Parkway/Union 1.845 to 1.845 -0.5075 to -0.4900
REX Zone 3 Delivered -- -0.5500 to -0.4800
REX into ANR - Shelby -- -0.5500 to -0.5100
REX into MGT - Edgar -- -0.4800 to -0.4800
REX into NGPL - Moultrie -- -0.5000 to -0.5000
REX into PEPL - Putnam -- -0.5200 to -0.5200
REX into Trunk - Douglas -- --
Midcontinent
ANR SW 1.720 to 1.750 --
Enable East -- -0.5100 to -0.4600
NGPL Midcontinent 1.715 to 1.740 -0.7700 to -0.7300
Northern Border Ventura -- --
Northern Natural Demarc 1.850 to 2.040 --
Northern Natural Ventura 1.885 to 2.040 --
OGT 1.520 to 1.520 -0.8700 to -0.8700
Panhandle Eastern 1.530 to 1.660 -0.8650 to -0.7700
Southern Star 1.620 to 1.770 --
North Louisiana/Arkansas
Perryville -- --
Texas Eastern, M1, 24 -- --
Texas Gas Zone 1 -- -0.3450 to -0.3050
Trunkline Zone 1A -- -0.5000 to -0.3900
South Louisiana
ANR SE -- -0.1000 to -0.0850
Columbia Gulf Mainline -- -0.3900 to -0.3200
Columbia Gulf onshore -- -0.1950 to -0.1650
Florida Gas Zone 2 -- --
Henry Hub -- -0.0025 to 0.0000
Southern Natural -- -0.0625 to -0.0525
Tennessee Line 500 -- -0.0750 to -0.0500
Tennessee Line 800 -- -0.2000 to -0.2000
Texas Eastern E. LA -- -0.1250 to -0.1175
Texas Eastern W. LA -- --
Texas Gas Zone SL -- -0.1650 to -0.1650
Transco Zone 3 -- -0.0550 to -0.0500
Trunkline E. LA -- --
Trunkline W. LA -- --
Southeast
FGT Citygate -- --
Florida Gas Zone 3 -- 0.0700 to 0.0950
Texas Eastern M-1, 30 -- -0.2000 to -0.2000
Transco Zone 4 -- -0.0375 to -0.0275
Transco Zone 5 -- 0.0200 to 0.0425
Transco Zone 5 North -- --
Transco Zone 5 South -- 0.0200 to 0.0425
Appalachia
Columbia Gas -- -0.7350 to -0.6700
Dominion North -- -1.0900 to -1.0800
Dominion South -- -1.1125 to -1.0000
Leidy Hub -- --
Millennium East Pool -- -1.1200 to -1.0800
Tenn Zone 4 200L -- -0.5550 to -0.5300
Tennessee Zn 4 313 Pool -- -0.6000 to -0.5600
Tennessee Zn 4 Marcellus -- -1.1950 to -1.1100
Texas Eastern M-2, 30 Delivery -- --
Texas Eastern M-2, 30 Receipt -- -1.1100 to -1.0550
Texas Eastern M-3, Delivery -- -0.9975 to -0.8600
Texas Eastern M-3, Receipt -- --
Transco-Leidy Line -- -1.1500 to -1.0550
Northeast
Algonquin Citygate -- -0.6400 to -0.4500
Algonquin Citygate (non-G) -- -0.6400 to -0.4500
Algonquin Receipts -- --
Iroquois Zone 2 -- -0.4900 to -0.4500
Iroquois, Waddington -- -0.4600 to -0.4500
Niagara -- -0.4500 to -0.4500
Tenn Zone 5 200L -- --
Tenn Zone 5 200L East -- --
Tenn Zone 5 200L West -- --
Tenn Zone 5 300L -- --
Tenn Zone 6 200L -- -0.3500 to -0.3500
Tenn Zone 6 200L North -- --
Tenn Zone 6 200L South -- -0.3500 to -0.3500
Tenn Zone 6 300L -- --
Transco Zone 6 non-NY -- -1.0250 to -0.8600
Transco Zone 6 non-NY North -- -1.0250 to -0.8600
Transco Zone 6 non-NY South -- --
Transco Zone 6 NY -- -1.0000 to -0.9300
Rocky Mountains
Cheyenne Hub 1.780 to 1.800 --
CIG 1.720 to 1.725 --
CIG DJ Basin -- --
El Paso Bondad -- --
El Paso San Juan 1.570 to 1.780 --
Kern River 1.960 to 2.090 --
Kingsgate -- --
Northwest Rockies -- --
Northwest S. of Green River -- --
Northwest Sumas 2.400 to 2.750 --
Northwest Wyoming Pool -- --
Opal 1.920 to 2.100 --
Questar -- --
Stanfield 2.020 to 2.020 --
Transwestern San Juan -- --
White River Hub 1.870 to 1.890 --
Arizona/Nevada
El Paso S. Mainline/N. Baja -- --
Kern Delivery 2.500 to 2.650 --
California
Malin 2.000 to 2.105 --
PG&E Citygate 3.040 to 3.090 --
SoCal Citygate 3.300 to 3.500 --
Southern Border, PG&E 1.850 to 2.000 --
Southern Border, SoCal 2.400 to 2.630 --
SoCal Border Avg. 2.400 to 2.630 --
SoCal Border - Blythe -- --
SoCal Border - Ehrenberg 2.400 to 2.600 --
SoCal Border - Kern River Station 2.550 to 2.600 --
SoCal Border - Kramer 2.455 to 2.630 --
SoCal Border - Needles -- --
SoCal Border - Topock -- --
SoCal Border - Wheeler Ridge 2.550 to 2.630 --
Canada
Alliance (APC) - ATP -- --
Empress 1.935 to 2.130 --
NOVA/AECO C 1.630 to 1.950 --
Westcoast Station 2 0.700 to 0.970 --
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.