With an eye toward winter weather, natural gas price volatility is likely to return in 2017, given the prospect for potential capacity constraints and ever-larger exports to Mexico to support gas-fired generation, according to ConocoPhillips’ Jim Duncan, who directs commodity market research.
Rockies
Articles from Rockies
Low Storage, Limited Production And Demand Uptick Could Mean Higher NatGas Prices This Winter
Although natural gas prices were not discussed when officials met last Friday to review California’s draft winter energy reliability plans, higher prices may be an issue this winter throughout the West as three factors converge, according to Raymond James. The firm sees $4-4.50/MMBtu prices coming out of the Rockies.
Memorial Production Partners to Sell Noncore Assets in Permian, Rockies
Memorial Production Partners LP (MEMP) plans to sell some of its noncore assets in the Permian Basin and assets in Colorado and Wyoming to undisclosed buyers.
FERC OKs REX East-to-West Capacity Enhancement Project
FERC has issued a certificate for Rockies Express Pipeline LLC’s (REX) Zone 3 Capacity Enhancement Project, which is expected to create an additional 800,000 Dth/d of capacity within the pipeline’s Zone 3.
REX Zone 3 Expansion to Cause Midwest Makeover, Genscape Says
The Rockies Express Pipeline Zone 3 east-to-west project will be online about a month later than planned — in July. And then, natural gas from Appalachia will push Midcontinent supplies out of the Midwest and challenge Rockies gas for market, analysts at Genscape Inc. said in a note Wednesday.
REX Zone 3 Expansion to Cause Midwest Makeover, Genscape Says
The Rockies Express Pipeline (REX) Zone 3 east-to-west project will be online about a month later than planned — in July. And then, natural gas from Appalachia will push Midcontinent supplies out of the Midwest and challenge Rockies gas for market, analysts at Genscape Inc. said in a note Wednesday.
REX Heeds ‘Go West’ Call, Files Zone 3 Project at FERC
For some time now, Rockies Express Pipeline LLC (REX) has heard the call from the Appalachian Basin: “Go West, Rockies pipeline.” REX recently filed with FERC for a project that would do just that, enabling Appalachian producers to access Midwest markets.
Opal Partial Restart Brings 395 MMcf/d of Capacity Back Online
Williams has brought into service two of five cryogenic processing trains at the Opal, WY, facility that have a combined processing capacity of 395 MMcf/d. Opal had been processing up to 1.1 Bcf/d and supplying up to 1 Bcf/d to interstate pipelines before a fire last week shuttered the facility.
Rose Petroleum Enters U.S. Onshore, Acquires Working Interest in Utah
London-based Rose Petroleum plc said Monday that its newly-formed subsidiary, Rose Petroleum Utah LLC, will acquire a 75% working interest…
Marcellus Gas Needs a Western Market, REX Executive Says
The word “Marcellus” doesn’t need a translation anywhere in the world; now all its developers have to do is find new markets for their products.