Zero

Texas crude oil production during November was up from a year ago while natural gas production declined; during December, oil well completions were up while gas well completions declined, and the number of drilling permits issued was down from a year ago, according to the latest figures from Railroad Commission of Texas (RRC).

Ruby Pipeline flows have been cut to zero until further notice as Ruby declared a force majeure after experiencing a fire and some damage Saturday in its block valve 6 yard in a remote area of southeastern Cache County, UT. A segment of its pipeline around the block valve 6 was shut in and isolated to allow damage assessment and repairs. Ruby said Sunday it is unable to receive or deliver gas. Based on an inspection of the fire damage, which occurred at a gas line to auxiliary equipment, the damage will require more repairs to the valve, valve operator and auxiliary equipment than initially thought, the pipeline added. A road to the snow-covered site has been plowed and repair crews are on site.

Bison Pipeline was shut in with scheduled volumes from the Buffalo, WY, receipt point cut to zero as of Friday’s gas day due to a rupture of the six-month-old pipeline in Campbell County, WY, and resulting force majeure, the TransCanada Corp. pipeline said in a notice to customers.

Bison Pipeline was shut in with scheduled volumes from the Buffalo, WY, receipt point cut to zero as of Friday’s gas day due to a rupture of the six-month-old pipeline in Campbell County, WY, and resulting force majeure, the TransCanada Corp. pipeline said in a notice to customers.

With bottom-end temperatures in the teens and 20s predicted for Tuesday in the East and some parts of the West, while lows approach zero at some locations in Western Canada and a little south of the U.S. border, the cash market found plenty of heating demand to bolster prices by large amounts at nearly all points Monday.

Learning how to tap successfully into the Marcellus Shale has come at a big cost and a lot of work, and the producer continues to find ways to become more cost efficient, Range Resources Corp. COO Jeff Ventura said Tuesday.

Low temperatures sinking into the teens, single digits and even below zero Thursday in areas from the Northeast through the Midcontinent/Midwest, Upper Plains, Canada and parts of the Rockies failed to faze either the cash or futures markets Wednesday. Softness remained the order of the day. Physical prices fell at all but three points as conditions were due to stay relatively moderate across the southern tier of states and in much of the western U.S. outside the Rockies.

Low temperatures sinking into the teens, single digits and even below zero Thursday in areas from the Northeast through the Midcontinent/Midwest, Upper Plains, Canada and parts of the Rockies failed to faze either the cash or futures markets Wednesday. Softness remained the order of the day. Physical prices fell at all but three points as conditions were due to stay relatively moderate across the southern tier of states and in much of the western U.S. outside the Rockies.

August natural gas futures continued their three-week-plus decline on Monday as the prompt-month contract continues to zero in on the low for the move of $3.155 set back on April 27. The contract put in a low of $3.225 in Monday morning trading before closing out the day’s regular session at $3.263, down 11 cents from Friday’s finish.