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Former Mexican Presidents Blast Current Crop of Energy Officials After Summit Cancelation
Featured Mexico GPI
The last-minute cancellation by Mexico's government of an international energy forum this week has revealed a deep schism among senior politicians over the current administration's policies on the sector. Read More
Annual-mexico-petroleum-products-production-vs-imports-20181227

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NGI's Mexico GPI

March 18, 2019

Natural Gas Futures Rebound as Forecasts Seen Slightly Cooler

  • April Nymex futures up 5.5 cents to $2.850; May up 5.4 cents to $2.856
  • Unclear if markets “really have weather concerns” or if traders just “content keeping prices in the $2.80-2.89 range,” says NatGasWeather
  • “I think everybody expected this thing to come in and follow through on the sell-off from Friday,” says Powerhouse’s Levin
  • Waha spot prices tumble; EPNG declares force majeure in New Mexico
Annual-Mexico-Petroleum-Products-Production-vs-Imports-20181227.png

Former Mexican Presidents Blast Current Crop of Energy Officials After Summit Cancelation

The last-minute cancellation by Mexico's government of an international energy forum this week has revealed a deep schism among senior politicians over the current administration's policies on the sector.

Natural Gas Futures Drop as End of Withdrawal Season Nigh

  • April Nymex futures fall 6.0 cents to $2.795; May down 5.8 cents to $2.802
  • “The most recent data continues to suggest a relatively mild pattern will hold over much of the country through the end of the month and into the start of April,” says NatGasWeather
  • Year/year storage deficit “could be cut by nearly half in just two weeks, with the potential for this decline to continue throughout April”: EBW’s Weissman
  • Waha gives back recent gains; Genscape reports constraint on EPNG
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Q&A with Rosanety Barrios on Mexico’s Natural Gas Market Development

This Q&A is with Rosanety Barrios, an independent energy analyst who worked as the head of the Industrial Transformation Policy Unit at the Mexican Energy Ministry during the previous administration helping to design the country's energy reform enacted in 2013.
EIAStorage03081

EIA Storage Data Disappoints, But Natural Gas Futures Rally Continues

  • April Nymex futures up 3.5 cents to $2.855; May up 2.6 cents to $2.860
  • Lack of participation in rally from winter strip “has us seeing upside for the April contract as very limited over the $2.85 level”: Bespoke
  • Guidance from 59 indie E&Ps shows them growing natural gas production 6.6% in 2019, says NGI’s Rau
  • Waha spot basis strengthens to minus 52 cents on production dip
Talos-Energy-Offshore-Mexico-Blocks-20190314.png

Mexico Bid Round Winner Talos To Drill Five Additional Wells This Year

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 Thursday.
EIAStorage0308

Natural Gas Futures Gain Ahead of Large Late-Season EIA Withdrawal

  • April Nymex futures up 3.6 cents to $2.820, May up 3.7 cents to $2.834
  • Weather data “continues to advertise cold returning over all regions east of the Plains this weekend through next week, followed by mild to warm conditions dominating most of the country March 23-27,” says NatGasWeather
  • Waha cash basis ~$1 stronger since last Friday; NGPL frees up 245 MMcf/d of northbound flows, says Genscape
  • BREAKING: EIA reports a 204 Bcf storage withdrawal for the week ending March 8

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.





© NGI's Mexico Gas Price Index: ISSN 2577-9966