November

NatGas Still Second Chair to Crude in Rig Return

NatGas Still Second Chair to Crude in Rig Return

Overall, 27 U.S. land-based rigs came back to play, lifting that tally to 601 for the week ending Friday, which is creeping back to the year-ago level of 684 active. But only six of them were natural gas rigs, according to the latest Baker Hughes Inc. data.

December 9, 2016
Market Can’t Ignore Mild Temps, Record Storage; November NatGas Forwards Erase Prior Week’s Gains

Market Can’t Ignore Mild Temps, Record Storage; November NatGas Forwards Erase Prior Week’s Gains

Natural gas forwards markets wiped out last week’s gains, plunging some 16 cents on average between Oct. 14 and 20, as the market continues to wait for cold weather to arrive and grapples with record storage inventories.

October 21, 2016

Traders Mull Ongoing Storage Surplus; November Seen 6 Cents Higher

November natural gas is set to open 6 cents higher Tuesday morning as traders focus on the continuing dynamic of storage surplus contraction. Overnight oil markets rose.

October 18, 2016

Oil, NatGas Production, DUCs in Big Seven Plays Still Declining, EIA Says

Oil and natural gas production from the nation’s seven largest unconventional plays, as well as the number of drilled but uncompleted (DUC) wells in them is expected to decrease slightly in November, according to data from the Energy Information Administration (EIA).

October 17, 2016

Plump Storage Build On Tap; November Called 2 Cents Lower

November natural gas is set to open 2 cents lower Thursday morning at $3.19 as traders expect storage data to show a greater increase than popular surveys. Overnight oil markets were narrowly mixed.

October 13, 2016

Downside Risk Looming; November Called 3 Cents Lower

November natural gas is set to open 3 cents lower Tuesday morning as traders see a market overextended to the upside given current fundamental factors. Overnight oil markets retreated.

October 11, 2016
November Sinks Under $3 as Shoulder Season Gets Under Way

November Sinks Under $3 as Shoulder Season Gets Under Way

It’s no surprise that natural gas couldn’t sustain $3 as the shoulder season got into full swing this week, with November forward prices averaging 7.3 cents lower at $2.74 between Sept. 23 and 29, according to NGI’s Forward Look.

September 30, 2016
Shoulder Season Takes Hold as November NatGas Forward Prices Slip Below $3

Shoulder Season Takes Hold as November NatGas Forward Prices Slip Below $3

It’s no surprise that natural gas couldn’t sustain $3 as the shoulder season got into full swing this week, with November forward prices averaging 7.3 cents lower at $2.74 between Sept. 23 and 29, according to NGI’s Forward Look.

September 30, 2016

Full Service on Tetco’s Penn-Jersey System Possibly Out Until November

Full service on Texas Eastern Transmission’s (Tetco) Penn-Jersey pipeline system, which runs from Delmont, PA, to Lambertville, NJ, might not be restored until November after an April explosion and fire on a portion of the system in Westmoreland County, PA, has its owners concerned about safety.

June 29, 2016
EIA: November U.S. NatGas Production Hit Another Record High

EIA: November U.S. NatGas Production Hit Another Record High

U.S. natural gas production continued to break new ground late in 2015 thanks to unconventional shale development, as the Energy Information Administration (EIA) said total dry gas production in November reached its highest level for the month since reporting began in 1973.

February 2, 2016