Story of the Day

Ohio's 3Q Unconventional NatGas Production Tops 2013 Total
Shale Daily
Unconventional oil and natural gas production in Ohio last quarter continued to significantly increase, with operators reporting more natural gas... Read More
Oh_shale-3q14-prod-20141205-v2

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NGI's Shale Daily

December 5, 2014

Fight Over Higher Oil Taxes Heats Up in California

In a recurring tug-of-war that the oil/natural gas industry has been fighting for years, shots were heard in recent days in California's annual battle over whether to increase taxes on oil production. Read More

Residents of Ohio Suburb Sue to Protect Fracking Ban

Residents of a Cleveland suburb have filed a lawsuit against Ohio and two drilling companies arguing that the state's exclusive authority to regulate and permit oil and gas wells is a violation of their constitutional rights to local self-government. Read More
OH_Shale 3Q14-Prod-20141205-v2

Ohio's 3Q Unconventional NatGas Production Tops 2013 Total

Unconventional oil and natural gas production in Ohio last quarter continued to significantly increase, with operators reporting more natural gas... Read More

Texas Fracking Case Draws National Environmental Groups

Denton, TX, anti-frackers are marshaling forces to defend the city's voter-approved and recently enacted ban on hydraulic fracturing (fracking) against a challenge by the oil and gas industry as well as a Texas state agency. Read More
Eclipse_Utica_Hz_Wells-20141205-v2

Eclipse Brings Six 'Encouraging' Wells Online in Utica Shale

Eclipse Resources Corp. brought six new operated wells in the Utica Shale online between the end of 3Q2014 and Nov. 30. The wells had "very encouraging" initial results that were within the company's type curve expectations, Eclipse said. Read More

Canada Bans Thousands of Old Crude Rail Tank Cars

While it has a phase-out process running into 2017 for old (DOT-111) rail tank cars that carry crude oil, Canada's Transport Department (CTD) has accelerated the process by banning nearly 3,000 of the older model cars from carrying "dangerous goods" throughout the nation. Read More

Proactive Approach Urged to Prevent, Better Understand Induced Seismicity

A former top official at the Ohio Department of Natural Resources (ODNR) says the issue of induced seismicity related to oil and natural gas activity is not going away anytime soon, and he urged both the industry and state regulators to work to ease public concern and prevent future incidents. Read More

Sharp Decline Forecast For Horizontal Drilling, Frack Demand Due to Falling Oil Prices

Service providers and equipment manufacturers haven't seen a big market change yet on lower oil prices, but it's coming, and with it, a much lower forecast for North American horizontal drilling and hydraulic fracturing (fracking) in 2015, PacWest Consulting Partners LLC said Thursday. Read More
Total_NatGas_Proved_Res_Chg-20141204-v2

EIA Says NatGas Reserves Up 10%; North Dakota Passes GOM in Crude

U.S. natural gas proved reserves increased nearly 10% and reached a record 354 Tcf in 2013, according to the U.S. Energy Information Administration (EIA). Meanwhile, North Dakota's crude oil and lease condensate proved reserves surpassed those of the federal Gulf of Mexico (GOM), ranking it second only to Texas among U.S. states. Read More

Big Four Shale Gas Plays Show Decline -- Not Plateau -- After 2020, Say University of Texas Researchers

The U.S. Energy Information Administration (EIA) and a bevy of independent analysts have predicted domestic natural gas production will climb rapidly over the long-term because of booming unconventional gas growth. However, the University of Texas at Austin (UT) is predicting production from the biggest shale gas plays -- Marcellus, Barnett, Fayetteville and Haynesville -- will peak by 2020 and decline thereafter. Read More
Utica_Gross_Prod-20141204

Utica's Long-Term Potential Still Hard to Gauge, Analyst Says

Although the Utica Shale land-grab is largely over and most Ohio acreage has been delineated, there remains a flurry of activity on the play's fringes... Read More

Industry Brief

North Dakota Preparing to Finalize Bakken Content Rules

The North Dakota Industrial Commission (IC) plans to finalize Bakken Shale crude content rules on Tuesday (Dec. 9) that would mandate equipment be updated to ensure petroleum is safely transported. Read More

Cabot Fined $120K for Tank Explosion, Spill in Pennsylvania

The Pennsylvania Department of Environmental Protection (DEP) has levied a $120,000 fine against Cabot Oil & Gas Corp. for a storage tank explosion and subsequent production fluid spill in Susquehanna County last January. Read More

High Costs Outweigh Benefits of Proposed Crude-by-Rail Rules, Says Report

Proposed federal rules to shore up the safety of crude oil rail transport could cost $60 billion, too costly compared to the benefits, according to a report issued on Wednesday by the Brattle Group for the Railway Supply Institute. Read More

Sign Up for Bidweek Alert

NGI's Bidweek Alert - December: Day 5 November 26, 2014
For more detailed information please download the Excel data file
FIXED RANGE BASIS RANGE
South Texas
Agua Dulce 4.19 to 4.20 --
Florida Gas Zone 1 -- --
NGPL S. TX -- -0.12 to -0.11
Tennessee Zone 0 South -- -0.1375 to -0.13
Texas Eastern S. TX -- -0.08 to -0.08
Transco Zone 1 -- -0.0725 to -0.06
East Texas
Carthage -- -0.095 to -0.07
Houston Ship Channel 4.20 to 4.21 0.015 to 0.02
Katy 4.19 to 4.20 --
NGPL TexOk 4.04 to 4.21 -0.115 to -0.08
Tennessee Zone 0 North -- -0.13 to -0.13
Texas Eastern E. TX -- -0.15 to -0.13
Transco Zone 2 -- --
West Texas/SE New Mexico
El Paso Permian 4.07 to 4.35 --
Transwestern 4.10 to 4.34 --
Waha 4.10 to 4.29 --
Midwest
Alliance -- --
ANR ML7 5.05 to 5.17 0.97 to 1.05
Chicago Citygate 4.80 to 5.44 0.73 to 1.00
Consumers Energy 4.90 to 5.25 0.58 to 0.79
Dawn 4.78 to 5.59 0.69 to 0.875
Emerson -- 0.73 to 0.99
Joliet -- --
Michigan Consolidated 4.78 to 4.82 0.49 to 0.69
Midcontinent
ANR SW 4.28 to 4.41 0.05 to 0.08
Enable East 3.90 to 4.41 -0.09 to -0.06
Enable West -- --
NGPL Amarillo Mainline -- --
NGPL Midcontinent 4.06 to 4.36 -0.085 to -0.085
Northern Border Ventura 4.85 to 5.25 0.89 to 0.89
Northern Natural Demarc 4.56 to 4.98 0.50 to 0.52
Northern Natural Ventura 4.88 to 5.27 0.87 to 0.87
OGT 4.09 to 4.45 0.00 to 0.00
Panhandle Eastern 4.07 to 4.42 -0.10 to -0.01
Southern Star 4.16 to 4.29 --
North Louisiana/Arkansas
Perryville -- -0.0775 to -0.0375
Texas Eastern, M1, 24 -- --
Texas Gas Zone 1 4.42 to 4.43 -0.075 to -0.03
Trunkline Zone 1A -- -0.0725 to -0.02
South Louisiana
ANR SE 4.06 to 4.07 -0.065 to -0.02
Columbia Gulf Mainline 4.07 to 4.07 -0.08 to -0.0425
Columbia Gulf onshore -- -0.09 to -0.05
Florida Gas Zone 2 -- -0.025 to 0.01
Henry Hub -- 0.00 to 0.04
Southern Natural -- -0.0125 to 0.025
Tennessee Line 500 -- -0.05 to 0.02
Tennessee Line 800 -- -0.07 to 0.00
Texas Eastern E. LA 4.03 to 4.03 -0.12 to -0.04
Texas Eastern W. LA 4.12 to 4.13 --
Texas Gas Zone SL -- --
Transco Zone 3 4.10 to 4.50 -0.03 to 0.035
Trunkline E. LA -- -0.045 to -0.005
Trunkline W. LA -- -0.01 to -0.01
Alabama/Mississippi
Florida Gas Zone 3 -- 0.015 to 0.04
Texas Eastern M-1, 30 -- -0.125 to -0.06
Transco Zone 4 -- 0.00 to 0.04
Florida
FGT Citygate -- --
Rocky Mountains
Cheyenne Hub 4.33 to 4.50 --
CIG 4.13 to 4.40 --
CIG DJ Basin -- --
El Paso Bondad 4.40 to 4.40 --
El Paso non-Bondad 4.10 to 4.40 --
Kern River 4.17 to 4.46 --
Kingsgate -- --
Northwest S. of Green River 4.06 to 4.38 --
Northwest Sumas 4.58 to 4.81 --
Northwest Wyoming Pool 4.21 to 4.21 --
Opal 4.15 to 4.56 --
Questar 4.12 to 4.16 --
Stanfield -- --
Transwestern San Juan 4.39 to 4.43 --
White River Hub 4.25 to 4.38 --
Northeast
Algonquin Citygate -- 8.80 to 10.00
Algonquin Receipts 4.65 to 8.60 0.27 to 0.27
Clarington (non-Tenn) -- --
Clarington, Tennessee -- --
Columbia Gas -- -0.0925 to -0.045
Dominion South -- -1.36 to -1.10
Dominion North -- -1.50 to -1.29
Dracut -- --
Iroquois Zone 2 -- 3.60 to 3.95
Iroquois, Waddington -- 2.75 to 3.50
Lebanon -- 0.31 to 0.40
Leidy Hub -- -1.75 to -1.48
Millennium East Pool -- -1.67 to -1.29
Niagara -- -0.35 to -0.30
Tenn Zone 4 200L -- -0.95 to -0.65
Tennessee Zn 4 313 Pool -- -1.75 to -1.40
Tennessee Zn 4 Marcellus -- -2.10 to -1.40
Tenn Zone 5 200L -- -0.83 to -0.47
Tenn Zone 5 300L -- 0.10 to 0.22
Tenn Zone 6 200L -- 9.30 to 10.00
Tenn Zone 6 300L -- --
Texas Eastern M-2, 30 5.50 to 5.59 -1.08 to -0.46
Texas Eastern M-2, 30 Delivery 5.50 to 5.59 -1.05 to -0.46
Texas Eastern M-2, 30 Receipt 5.50 to 5.50 -1.08 to -0.88
Texas Eastern M-3 -- 0.17 to 0.52
Texas Eastern M-3, Delivery -- 0.17 to 0.52
Texas Eastern M-3, Receipt -- --
Transco Zone 5 5.98 to 6.22 1.625 to 1.85
Transco Zone 6 non-NY 5.82 to 5.83 1.65 to 1.95
Transco Zone 6 non-NY North 5.82 to 5.83 1.65 to 1.92
Transco Zone 6 non-NY South -- 1.75 to 1.95
Transco Zone 6 NY -- 2.70 to 3.60
Transco-Leidy Line 2.31 to 2.50 -1.98 to -1.68
Arizona/Nevada
El Paso S. Mainline/N. Baja -- --
Kern Delivery -- --
California
Malin 4.28 to 4.60 --
PG&E Citygate 4.50 to 4.76 --
SoCal Citygate 4.50 to 4.79 --
Southern Border, PG&E -- --
Southern Border, SoCal 4.35 to 4.70 --
SoCal Border Avg. 4.35 to 4.70 --
Canada
Empress 4.11 to 5.10 --
NOVA/AECO C 3.69 to 4.19 --
Westcoast Station 2 3.42 to 3.86 --