natural gas data

UGI Corp. subsidiary UGI Energy Services LLC has placed its newly-constructed 28-mile gathering pipeline and compressor station into full service. The Auburn pipeline extension provides gas supplies to local consumers in Pennsylvania, while also providing access to interstate markets for Marcellus Shale producers. The $160 million, 20-inch pipeline will initially deliver 200 MMcf/d of locally produced natural gas through UGI Energy’s Manning compressor station in Wyoming County, PA. to UGI Penn Natural Gas Inc., one of that company’s utilities and the interstate pipeline Transcontinental.

Prices for physical natural gas traded Monday for Tuesday delivery spiked in response to a Polar Vortex and record cold temperatures sweeping across the country. The day recorded the three highest prices ever published in NGI’s Daily Gas Price Index (see chart). Biggest gainers on the day proved to be points in and around New York City.

California regulators start the new year with a focus on two areas: gas pipeline safety issues continuing since the San Bruno transmission line failure and explosion three years ago (see Daily GPI, Sept. 13, 2010), and how to deal with the closure of the San Onofre Nuclear Generating Station (SONGS) in Southern California (see Daily GPI, June 10, 2013).

U.S. energy financial chiefs are feeling more optimistic than they did a year ago about the domestic economy and what’s ahead for the oil and natural gas sector in 2014, BDO USA LLP reported Monday.

Winter storm Hercules, which produced record cold in areas of the United States and dropped more than a foot of snow in the Northeast, dominated the attention of gas traders for the holiday-shortened Dec. 31-Jan. 3 trading week. While a number of regions surveyed saw small declines in average prices for the week, stout gains in the East pushed NGI’s Weekly Spot Gas Average up 94 cents to $5.41/MMBtu with a wide range of individual trades from $1.50 at Tranco-Leidy Line to $39.00 at Transco Zone 6-NY.

Dena E. Wiggins, a veteran proponent of natural gas industrial customers, is moving over to serve producers as president and CEO of the Natural Gas Supply Association (NGSA). Wiggins was elected by the NGSA board of directors recently and will join NGSA in late February. “Dena is a recognized expert and champion of natural gas issues in the public and regulatory arena, as well as highly experienced in the association business,” said Greg Vesey, chairman of NGSA and vice president of gas supply and trading for Chevron. “Throughout her career, Dena has skillfully navigated the way to success for her positions, forming coalitions and achieving consensus as needed. That combination of knowledge and skill make her a great choice to lead NGSA.” Wiggins has been a longtime leader of the Process Gas Consumers (PGC) group, which was strongly allied with producers through deregulation and open access battles over the last 30 years. She will be leaving her career as a partner at Ballard Spahr law group in Washington, DC, and with the PGC. Wiggins succeeds Skip Horvath, who is retiring from NGSA this spring.

Physical natural gas trading for weekend and Monday delivery seemed to resemble two Sumo wrestlers vying for supremacy with clashing weather-driven market forces from the Midwest grappling with offsetting market factors in the East.

UGI Corp. subsidiary UGI Energy Services LLC has placed its newly-constructed 28-mile gathering pipeline and compressor station into full service. The Auburn pipeline extension provides gas supplies to local consumers in Pennsylvania, while also providing access to interstate markets for Marcellus Shale producers. The $160 million, 20-inch pipeline will initially deliver 200 MMcf/d of locally produced natural gas through UGI Energy’s Manning compressor station in Wyoming County, PA. to UGI Penn Natural Gas Inc., one of that company’s utilities and the interstate pipeline Transcontinental.

Enterprise Products Partners LP said transportation services for shippers that executed long-term agreements supporting its Mid-America Pipeline (MAPL) Rocky Mountain expansion project began Thursday. The project accommodates natural gas and natural gas liquids (NGL) production from major basins in Utah and Wyoming. Several new gas processing plants have been constructed in the Uinta and Greater Green River basins that will benefit from the expansion, which added 265 miles of 16-inch diameter pipeline to the MAPL system and raised capacity from 275,000 b/d to 350,000 b/d.