Story of the Day

Rocks Are Only Part of What Sets Monterey Shale Apart, Operators Say
Shale Daily
Today's fast-advancing technology for well design, drilling and completion on other shale plays, are not applicable to California's Monterey Shale... Read More
California_proved_reserves-20141027

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NGI's Shale Daily

October 29, 2014

Western Gas Partners Buying Nuevo Midstream for $1.5B

Anadarko Petroleum Corp.-formed master limited partnership Western Gas Partners LP is buying Delaware Basin gas gatherer and processor Nuevo Midstream LLC for $1.5 billion. Read More

McClendon's Permian Business Talks Public Launch Within a Year

The Permian Basin unit of American Energy Partners LP (AELP) could go public within a year depending on market conditions, the Aubrey McClendon-led company said Tuesday. Read More

Reservoir Enhancement the Name of the Game, Says Core Labs

Optimizing wells every which way, through spacing, fracture (frack) stimulation, more proppant or longer lateral lengths are big business in North America's onshore, and Core Laboratories has found entree with its reservoir enhancement technology, which helped lift it to its most profitable results ever in the third quarter. Read More
Uinta_Basin_Rail-20141024

Seven Utah Counties Form Coalition to Advance Uinta Basin Railroad

A coalition of seven counties in eastern Utah has secured $55 million in state funding toward the possible construction of a 100-mile freight railroad into the Uinta Basin, a line that could also be used for oil and natural gas producers in the region. Read More

Texas Adopts Quake-Minded Injection Well Rules

The Railroad Commission of Texas (RRC) on Tuesday adopted rule changes that are intended to more closely regulate drilling waste disposal wells in areas of the state where there has been or could be heightened seismic activity. Read More

With Consol Production Up, Company Plans Split of Coal, Gas Businesses

Consol Energy Inc. continued to shake up its business model in the third quarter, once again setting a natural gas production record that saw major gains in liquids volumes from both the Marcellus and Utica shales as it continues its transition from coal to exploration and production (E&P). Read More

Independents Unite to Lobby for U.S. Crude Exports

More than a dozen of the largest onshore independents, including ConocoPhillips, Anadarko Petroleum Corp., Encana Corp. and Chesapeake Energy Corp., have formed a pact to lobby for the right to export crude oil. Read More
California_Proved_Reserves-20141027

Rocks Are Only Part of What Sets Monterey Shale Apart, Operators Say

Today's fast-advancing technology for well design, drilling and completion on other shale plays, are not applicable to California's Monterey Shale... Read More

SandRidge Readies Launch of Water Unit to Serve Midcon Operators

SandRidge Energy Inc. is planning to spin off a subsidiary to serve Midcontinent producers that need saltwater services for their oil and gas wells. Read More
Springer_Shale_Companies-20141027

Continental Sees 'Repeatability' in Springer Wells

Continental Resources Inc.'s emerging Springer Shale in the South Central Oklahoma Oil Province is indicating continuing success, if recovery rates from four new wells are any indication. Read More

BHP Plans to Sell Its Fayetteville Shale Assets

Australia-based BHP Billiton Ltd. is putting its Fayetteville Shale assets on the sales block, leaving a multi-year misadventure in Arkansas behind it as the company's petroleum business focuses on higher-value U.S. liquids production. Read More

Carrizo Buys More Eagle Ford; South Texas Play Drove 3Q Gains

Carrizo Oil & Gas Inc. has grown its Eagle Ford Shale position by 6,820 net acres to more than 81,000 and added 93 net wells to its drilling inventory of more than 915 net locations in the play through a $243 million cash deal with Eagle Ford Minerals LLC, the Houston-based company said Monday. Read More

U.S. Shale Oil Output Needs to Slow for Prices to Recover, Says Goldman

Global oil prices will need to decline over the coming year for U.S. shale oil production to slow down, Goldman Sachs analysts said Monday in cutting forecasts for West Texas Intermediate and Brent prices through 2015. Read More

Oneok Partners Buying Permian Basin-Focused NGL Pipelines

Oneok Partners LP is buying Texas natural gas liquids pipelines and related assets from affiliates of Chevron Corp. for $800 million. Read More
Midcontinent_Detail-20141027

Continental, South Korea's SK to Drill for Natural Gas in Cana-Woodford

Midcontinent oil operator Continental Resources Inc. has worked out a joint development agreement with a subsidiary of South Korea's SK Group... Read More

Sign Up for Bidweek Alert

NGI's Bidweek Alert - November: Day 2 October 28, 2014
For more detailed information please download the Excel data file
FIXED RANGE BASIS RANGE
South Texas
Agua Dulce -- --
Florida Gas Zone 1 -- --
NGPL S. TX -- --
Tennessee Zone 0 South -- -0.145 to -0.13
Texas Eastern S. TX -- --
Transco Zone 1 -- -0.10 to -0.08
East Texas
Carthage -- -0.095 to -0.095
Houston Ship Channel 3.55 to 3.55 --
Katy -- --
NGPL TexOk 3.47 to 3.51 -0.075 to -0.07
Tennessee Zone 0 North -- --
Texas Eastern E. TX -- --
Transco Zone 2 -- --
West Texas/SE New Mexico
El Paso Permian 3.38 to 3.41 --
Transwestern 3.35 to 3.39 --
Waha -- --
Midwest
Alliance -- --
ANR ML7 -- --
Chicago Citygate 3.68 to 3.75 0.125 to 0.125
Consumers Energy -- 0.135 to 0.155
Dawn -- --
Emerson -- --
Joliet -- --
Michigan Consolidated -- 0.13 to 0.155
Midcontinent
ANR SW 3.37 to 3.41 --
Enable East -- -0.175 to -0.175
Enable West -- --
NGPL Amarillo Mainline -- --
NGPL Midcontinent 3.37 to 3.40 --
Northern Border Ventura -- --
Northern Natural Demarc 3.63 to 3.65 --
Northern Natural Ventura 3.60 to 3.65 --
OGT 3.31 to 3.33 -0.26 to -0.26
Panhandle Eastern 3.30 to 3.36 -0.27 to -0.20
Southern Star 3.37 to 3.38 --
North Louisiana/Arkansas
Perryville -- --
Texas Eastern, M1, 24 -- --
Texas Gas Zone 1 -- -0.09 to -0.08
Trunkline Zone 1A -- -0.0825 to -0.08
South Louisiana
ANR SE -- -0.075 to -0.0725
Columbia Gulf Mainline -- -0.0925 to -0.085
Columbia Gulf onshore -- --
Florida Gas Zone 2 -- --
Henry Hub -- 0.01 to 0.01
Southern Natural -- -0.0325 to -0.03
Tennessee Line 500 -- -0.05 to -0.05
Tennessee Line 800 -- --
Texas Eastern E. LA -- -0.0825 to -0.0825
Texas Eastern W. LA -- --
Texas Gas Zone SL -- --
Transco Zone 3 -- --
Trunkline E. LA -- --
Trunkline W. LA -- --
Alabama/Mississippi
Florida Gas Zone 3 -- 0.005 to 0.01
Texas Eastern M-1, 30 -- -0.14 to -0.14
Transco Zone 4 -- -0.025 to -0.02
Florida
FGT Citygate -- --
Rocky Mountains
Cheyenne Hub 3.42 to 3.42 --
CIG 3.31 to 3.37 --
CIG DJ Basin 3.29 to 3.32 --
El Paso Bondad -- --
El Paso non-Bondad 3.38 to 3.39 --
Kern River 3.43 to 3.45 --
Kingsgate -- --
Northwest S. of Green River 3.35 to 3.35 --
Northwest Sumas -- --
Northwest Wyoming Pool -- --
Opal 3.41 to 3.45 --
Questar -- --
Stanfield -- --
Transwestern San Juan 3.43 to 3.44 --
White River Hub 3.37 to 3.39 --
Northeast
Algonquin Citygate -- 1.83 to 2.00
Algonquin Receipts -- --
Clarington (non-Tenn) -- --
Clarington, Tennessee -- --
Columbia Gas -- -0.13 to -0.09
Dominion South -- -1.72 to -1.63
Dominion North -- --
Dracut -- --
Iroquois Zone 2 -- 0.40 to 0.50
Iroquois, Waddington -- 0.30 to 0.375
Lebanon -- --
Leidy Hub -- --
Millennium East Pool -- -1.75 to -1.75
Niagara -- --
Tenn Zone 4 200L -- -1.40 to -1.40
Tennessee Zn 4 313 Pool -- -1.75 to -1.75
Tennessee Zn 4 Marcellus -- -1.95 to -1.95
Tenn Zone 5 200L -- --
Tenn Zone 5 300L -- --
Tenn Zone 6 200L -- 1.83 to 2.00
Tenn Zone 6 300L -- --
Texas Eastern M-2, 30 -- -1.66 to -1.63
Texas Eastern M-2, 30 Delivery -- --
Texas Eastern M-2, 30 Receipt -- -1.66 to -1.63
Texas Eastern M-3 -- -1.53 to -1.40
Texas Eastern M-3, Delivery -- -1.53 to -1.40
Texas Eastern M-3, Receipt -- --
Transco Zone 5 -- 0.12 to 0.15
Transco Zone 6 non-NY -- -1.15 to -0.40
Transco Zone 6 non-NY North -- -1.15 to -1.08
Transco Zone 6 non-NY South -- -0.45 to -0.40
Transco Zone 6 NY -- -1.00 to -1.00
Transco-Leidy Line -- -1.84 to -1.79
Arizona/Nevada
El Paso S. Mainline/N. Baja -- --
Kern Delivery -- --
California
Malin 3.50 to 3.53 --
PG&E Citygate 4.04 to 4.08 --
SoCal Citygate 3.77 to 3.78 --
Southern Border, PG&E 3.60 to 3.60 --
Southern Border, SoCal 3.60 to 3.65 --
SoCal Border Avg. 3.60 to 3.65 --
Canada
Empress -- --
NOVA/AECO C -- --
Westcoast Station 2 -- --