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Natural Gas Futures Strengthen Along Curve as Market Eyes Production Drop — MidDay Market Snapshot

Natural Gas Futures Strengthen Along Curve as Market Eyes Production Drop — MidDay Market Snapshot

Big swings on lighter volume for March Nymex contract into expiry, closes down 4.4 cents at $1.615/MMBtu Gains for 2024 injection season contracts Tuesday as latest production samples pointing to easing output; April Nymex contract climbs 6.4 cents to $1.808 Bloomberg estimated Lower 48 production down to around 101.3 Bcf/d; Wood Mackenzie estimate at 101.7…

February 27, 2024

Transportation Notes

El Paso said it has become necessary to shut down Line 1600 upstream of Casa Grande Station one day earlier than previously announced. The line will be down on Nov. 15, instead of Nov. 16. Capacity of the South Mainline will be reduced by 245 MMcf/d effective for Cycle 2 on Nov. 15. The work will be completed prior to the start of the Nov. 16 gas day. El Paso also said Line 1218 downstream of Bondad Station was taken out of service for emergency repairs Wednesday reducing the capacity through Bondad Station by 190 MMcf/d. The reduction was effective for Cycle 4 and will continue through today. Line 1110 between Keystone and Pecos River Stations will be shut in for repairs on Thursday as well, reducing the capacity through Pecos River Station by an additional 40 MMcf/d to 800 MMcf/d capacity. If you have operational or scheduling questions, call your scheduling representative at (719) 520-4706.

November 15, 2001