Story of the Week

NatGas Market Conditions 'Mixed' for Winter 2014-2015, FERC Says
NGI Weekly Intel
Forecasters are expecting a relatively mild winter this year, and natural gas production continues to break records, but the industry will still face challenges... Read More
Pipelineexpansions_10-16-14

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NGI Weekly Newsletter

October 20, 2014

EIAStorage1016

Strong New England, Great Lakes Balanced by Weak West, Marcellus; Futures Steady

Physical gas for delivery Friday moved little following the release of the weekly Energy Information Administration storage report. Read More

NGPL Offering Capacity on Expansion to Serve Chicago Area

Natural Gas Pipeline Company of America LLC (NGPL) is holding a binding open season through Nov. 17 for the potential expansion of its Gulf Coast mainline system from the Rockies Express Pipeline (REX) interconnection in Moultrie County, IL, to points north on NGPL's system. Read More
PipelineExpansions_10-16-14

NatGas Market Conditions 'Mixed' for Winter 2014-2015, FERC Says

Forecasters are expecting a relatively mild winter this year, and natural gas production continues to break records, but the industry will still face challenges... Read More

Undaunted by Commodity Prices, Kinder Morgan More Bullish on Midstream

When commodity prices are in decline, executives at Kinder Morgan Inc. get even more bullish about opportunities in the midstream sector. Read More
SWNAcreage_10-16-14

Southwestern Strikes $5B-Plus Deal With Chesapeake for Marcellus/Utica Dry Gas Package

Chesapeake Energy Corp. on Thursday agreed to sell a wide swath of its dry natural gas-heavy assets... Read More

Antero NatGas Output Continues Rising, Liquids Production Climbing Sharply

Antero Resources Corp. reported surging natural gas production once again during the third quarter, with volumes reaching 1.08 Bcfe/d, up 21% from the second quarter and almost double from year-ago volumes (see Shale Daily, Aug. 8; Nov. 8, 2013). Read More

Natural Gas Boom a Catch-22 in Slowing GHG Emissions, Say Researchers

Using plentiful and inexpensive natural gas alone won't slow the growth of global greenhouse gas emissions over the long-term and may in fact contribute to it, according to an analysis by a team of scientists and researchers who worked with the U.S. Department of Energy's Pacific Northwest National Laboratory. Read More

Columbia's New Penalties Rate Proposal Riles Shippers, Marketers

A proposal by Columbia Gas Transmission LLC to change the way it levies penalties for “takes” in excess of total firm entitlements, failure to interrupt service, and failure to comply with operational flow orders has raised the ire of natural gas shippers and marketers. Read More

Pemex Unit Fills Tennessee Expansion to Mexico

Petroleos Mexicanos' MexGas Supply has taken all of the capacity in Tennessee Gas Pipeline Co.'s South System Flexibility Project. Read More
Appalachian_Pipelines_10-15-14

Range Plans for More Appalachian Takeaway on Dozens of Proposed Pipelines

Range Resources Corp. is preparing for enormous production growth from the Appalachian Basin in the coming years, making no secrets about its plans to grow volumes 20-25% annually, but the demand and takeaway capacity has to be there in order for it to profitably reach a stated goal of 3 Bcfe/d. Read More

USGS Probes Cushing Oil Hub After Quake Activity

With growing concerns about seismic activity tied to oil and natural gas operations in Oklahoma, the U.S. Geological Survey (USGS) has deployed two seismic monitors to Cushing, OK, in the wake of a new swarm of earthquakes near the crude storage/transportation center. Read More
NatGas_Basin_10-15-14

Big Seven Plays to Produce 43.28 Bcf/d in November, EIA Says

Production from the seven most prolific U.S. shale and tight oil regions in November is expected to reach 43.28 Bcf/d of natural gas (up 1.4% from October ) and 5.14 million b/d of crude oil... Read More

NuStar, Pemex Affiliate Embark on LPG, Products JV

NuStar Energy LP of San Antonio and Petroleos Mexicanos affiliate PMI plan to develop pipeline infrastructure to carry liquefied petroleum gases and refined products from the United States to Mexico. The joint venture is a response to reforms that have opened Mexico's energy industry to private investment. Read More
Longmont_Niobrara_10-15-14

COGA Agrees to Drop Lawsuit Against Longmont Frack Ban

Given political and legal developments in recent months that strengthen the state's position in regulating oil and natural gas activities, the Colorado Oil and Gas Association (COGA) agreed Tuesday to dismiss its nearly two-year-old lawsuit against a city ban on hydraulic fracturing (fracking) passed by Longmont, CO, voters. Read More

Appalachian Infrastructure Projects Face Growing List of Challenges, Panelists Say

Industrial and residential customers that are relying more heavily on natural gas-fired power continue to drive demand for new pipelines to serve the Mid-Atlantic, New England and Southeast states, a group of panelists said on Tuesday. Read More
PrairieStatePipeline_10-14-14

Prairie State Pipeline Would Give Chicago, Midwest Multi-Basin Access

Tallgrass Development LP and AGL Resources Inc. are proposing the 140-mile, 1.2-1.5 Bcf/d Prairie State Pipeline to connect the Illinois... Read More
FlaredGas_10-14-14

Anti-Flaring Sentiment Strong in the West, Poll Shows

A strong majority of potential voters in four western states support government mandates for oil/natural gas operators to greatly cut amounts of flared wellhead associated gas... Read More

Shales Stepping Up to U.S. Energy Demand Challenge, EIA Finds

The United States has been burning more natural gas this year and relying less on imported energy overall, according to the U.S. Energy Information Administration, which credited the Bakken, Marcellus and Eagle Ford shales as well as the Permian Basin for increased liquids production. Read More

NGL Firm to Build $4B Polyethylene Plant in North Dakota

Billing it as the largest private sector investment ever in the state, North Dakota Gov. Jack Dalrymple and senior officials at Delaware-based Badlands NGL LLC on Monday unveiled a proposed $4 billion polyethylene manufacturing project. Read More
HenryHubCurves

Storage Recovery Casts Bearish Tint on 2015 NatGas Pricing

With winter 2014-2015 right around the corner, many in the natural gas market seem relatively comfortable with their fourth quarter price expectations now that worries about insufficient winter supply have been mostly assuaged by an exceedingly strong storage injection season. Looking to get a handle on how 2015 might play out, there is no shortage of factors at play. Read More
atlas-targa-permian-footprint-20141013

Targa, Atlas to Merge Midstream Operations in $7.7B Deal

Affiliates of U.S. midstream giants Targa Resources Corp. and Atlas Energy LP on Monday agreed to combine their natural gas and oil operations in a transaction worth $7.7 billion... Read More

West Virginia Regulators Coping With Growing Oil, Gas Permit Applications

With more than 1,000 horizontal shale well permits issued to date in West Virginia, and with only about 5% of unconventional oil and gas reserves under development there, state regulators are confronting a pile of paperwork that has created a backlog of pending permit applications and slowed production in some instances. Read More
FSC_Pipeline-20141010

NextEra Files for Pipeline Offshoot From Proposed Sabal Trail

Florida Southeast Connection LLC (FSC), a unit of NextEra Energy Inc. -- which is a partner with Spectra Energy Partners LLC in the Sabal Trail Transmission LLC project -- is proposing a 126-mile pipeline from Sabal Trail to serve Florida Power & Light Co.'s (FPL) Martin Clean Energy Center near Indiantown, FL. Read More

Industry Expecting Clarity From Contentious NEB Pipeline Case

A simmering dispute boiled over Thursday into a formal duel over a Canadian constitutional law question before the National Energy Board (NEB): Can municipal governments block national and international pipeline projects? Read More
Lower_48_Outflow_Cap-20141010

New Infrastructure, Not Scheduling Changes, Will Cure Shortages, Says National Fuel Gas CEO

Revamping natural gas markets without building new infrastructure isn’t likely to provide the access to gas... Read More
OH-LA_Access_Project-201410101

Texas Gas to Add North-to-South Capability; DTI Plans Marcellus Link

Boardwalk Pipeline Partners' Texas Gas Transmission LLC is proposing to move more Marcellus/Utica shale gas to market via the Ohio-Louisiana Access Project, which would create capacity from Lebanon, OH, to Midwestern and southern markets on the pipeline's system through the addition of north-to-south capability. Read More

California Issues More Changes to Fracking Rules

California oil/natural gas regulators on Thursday issued yet another set of draft well stimulation rules, including for hydraulic fracturing (fracking), making further refinements based on nearly 200,000 comments that have been accumulated in the past 10 months. One change has raised the proposed threshold level for seismic activity tied to well stimulation to 2.7 from a previously proposed level of 2.0. Read More

People

Industry Briefs

EIAStorage1003

Weak Cash Market Outdoes Soft Futures; November Loses a Penny

Physical gas for Friday delivery continued to weaken in Thursday trading as low power demand proved pervasive throughout key eastern population centers... Read More
Permian_NGL_Growth-20141009

Genscape Predicts Large Growth in Permian NGL Production

The production of natural gas liquids (NGL) in the Permian Basin will take off over the next several years as producers shift focus to liquids-rich shale plays and midstream companies follow their lead and build the necessary infrastructure to process and transport the liquids, according to an executive with Genscape Inc. Read More

Sign Up for Bidweek Alert

NGI's Bidweek Alert - October: Day 5 September 30, 2014
For more detailed information please download the Excel data file
FIXED RANGE BASIS RANGE
South Texas
Agua Dulce 3.94 to 3.95 --
Florida Gas Zone 1 -- --
NGPL S. TX -- -0.06 to -0.06
Tennessee Zone 0 South 3.77 to 3.78 -0.105 to -0.075
Texas Eastern S. TX 3.95 to 3.95 -0.0575 to -0.05
Transco Zone 1 -- -0.0725 to -0.055
East Texas
Carthage -- -0.085 to -0.065
Houston Ship Channel 3.91 to 4.02 0.04 to 0.04
Katy 3.94 to 3.96 --
NGPL TexOk 3.80 to 3.90 -0.06 to -0.05
Tennessee Zone 0 North -- --
Texas Eastern E. TX -- --
Transco Zone 2 -- --
West Texas/SE New Mexico
El Paso Permian 3.71 to 3.80 --
Transwestern 3.68 to 3.81 --
Waha 3.72 to 3.89 --
Midwest
Alliance 4.01 to 4.11 0.0975 to 0.0975
ANR ML7 4.28 to 4.29 0.15 to 0.20
Chicago Citygate 3.96 to 4.13 0.08 to 0.135
Consumers Energy 4.02 to 4.10 0.10 to 0.12
Dawn 3.99 to 4.16 0.1275 to 0.145
Emerson -- 0.065 to 0.10
Joliet 4.01 to 4.11 0.0975 to 0.0975
Michigan Consolidated 3.94 to 4.11 0.09 to 0.125
Midcontinent
ANR SW 3.65 to 3.91 -0.18 to -0.1525
Enable East 3.68 to 3.88 -0.13 to -0.12
Enable West -- --
NGPL Amarillo Mainline -- --
NGPL Midcontinent 3.69 to 3.84 -0.14 to -0.13
Northern Border Ventura 4.09 to 4.10 --
Northern Natural Demarc 3.86 to 4.13 0.065 to 0.065
Northern Natural Ventura 3.87 to 4.11 --
OGT 3.57 to 3.83 -0.24 to -0.2325
Panhandle Eastern 3.60 to 3.85 -0.23 to -0.20
Southern Star 3.72 to 3.82 --
North Louisiana/Arkansas
Perryville -- -0.0525 to -0.025
Texas Eastern, M1, 24 3.94 to 3.95 -0.04 to -0.04
Texas Gas Zone 1 -- -0.065 to -0.05
Trunkline Zone 1A -- -0.055 to -0.0525
South Louisiana
ANR SE 3.92 to 3.93 -0.06 to -0.045
Columbia Gulf Mainline -- -0.06 to -0.05
Columbia Gulf onshore -- --
Florida Gas Zone 2 -- -0.02 to 0.02
Henry Hub 4.02 to 4.11 0.00 to 0.01
Southern Natural -- -0.025 to -0.005
Tennessee Line 500 -- -0.06 to -0.04
Tennessee Line 800 3.90 to 3.90 -0.06 to -0.045
Texas Eastern E. LA -- -0.065 to -0.055
Texas Eastern W. LA -- --
Texas Gas Zone SL -- -0.05 to -0.05
Transco Zone 3 -- -0.0175 to 0.01
Trunkline E. LA -- -0.04 to -0.01
Trunkline W. LA -- -0.02 to -0.02
Alabama/Mississippi
Florida Gas Zone 3 -- -0.01 to 0.04
Texas Eastern M-1, 30 -- -0.11 to -0.08
Transco Zone 4 -- -0.0125 to -0.005
Florida
FGT Citygate -- --
Rocky Mountains
Cheyenne Hub 3.68 to 3.94 --
CIG 3.64 to 3.73 --
CIG DJ Basin 3.62 to 3.70 --
El Paso Bondad 3.68 to 3.75 --
El Paso non-Bondad 3.70 to 3.80 --
Kern River 3.72 to 3.90 --
Kingsgate -- --
Northwest S. of Green River 3.67 to 3.80 --
Northwest Sumas 3.78 to 4.03 --
Northwest Wyoming Pool -- --
Opal 3.72 to 3.88 --
Questar 3.80 to 3.80 --
Stanfield -- --
Transwestern San Juan 3.73 to 3.96 --
White River Hub 3.68 to 3.70 --
Northeast
Algonquin Citygate -- -0.71 to -0.47
Algonquin Receipts -- -1.00 to -1.00
Clarington (non-Tenn) -- 0.025 to 0.025
Clarington, Tennessee -- --
Columbia Gas -- -0.04 to -0.01
Dominion South -- -2.01 to -1.84
Dominion North -- -2.00 to -1.94
Dracut -- --
Iroquois Zone 2 -- -0.35 to -0.275
Iroquois, Waddington -- -0.25 to 0.115
Lebanon -- 0.02 to 0.055
Leidy Hub -- -1.985 to -1.88
Millennium East Pool -- -1.965 to -1.80
Niagara -- -1.35 to -1.35
Tenn Zone 4 200L -- -1.68 to -1.58
Tennessee Zn 4 313 Pool -- -1.74 to -1.63
Tennessee Zn 4 Marcellus -- -2.15 to -1.96
Tenn Zone 5 200L -- -1.63 to -1.55
Tenn Zone 5 300L -- -1.68 to -1.68
Tenn Zone 6 200L -- -0.63 to -0.50
Tenn Zone 6 300L -- -1.67 to -1.67
Texas Eastern M-2, 30 -- -2.03 to -1.84
Texas Eastern M-2, 30 Delivery -- -1.85 to -1.85
Texas Eastern M-2, 30 Receipt -- -2.03 to -1.84
Texas Eastern M-3 -- -1.84 to -1.675
Texas Eastern M-3, Delivery -- -1.84 to -1.675
Texas Eastern M-3, Receipt -- --
Transco Zone 5 -- 0.075 to 0.10
Transco Zone 6 non-NY -- -1.75 to -1.42
Transco Zone 6 non-NY North -- -1.75 to -1.42
Transco Zone 6 non-NY South -- --
Transco Zone 6 NY -- -1.73 to -1.60
Transco-Leidy Line -- -2.10 to -1.93
Arizona/Nevada
El Paso S. Mainline/N. Baja -- --
Kern Delivery -- --
California
Malin 3.81 to 4.00 --
PG&E Citygate 4.35 to 4.60 0.465 to 0.465
SoCal Citygate 4.17 to 4.39 --
Southern Border, PG&E 3.99 to 4.04 --
Southern Border, SoCal 3.96 to 4.14 --
SoCal Border Avg. 3.96 to 4.14 --
Canada
Empress 3.69 to 3.98 --
NOVA/AECO C 3.76 to 4.05 -0.2425 to -0.24
Westcoast Station 2 3.46 to 3.62 --