Midstream

INGAA Releases Key Initiatives Product to Boost Safety with Voluntary Efforts

This post was originally published on this site (P&GJ) — The Interstate Natural Gas Association of America (INGAA) and its member companies have released their “Integrity Management – Continuous Improvement (IMCI) 2.0” program work products. The IMCI program is a series of voluntary initiatives to bolster the industry’s safety efforts.

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Weekly Natural Gas Spot Prices Mixed While Futures Flop On Supply Feast

This post was originally published on this siteWeekly natural gas prices fell at a majority of locations during the Thanksgiving holiday-shortened week as the easing of maintenance in Texas loosened supply to the west and the coming return of wintery weather was not in time to lift prices beyond the eastern regions. NGI’s Weekly Spot

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December Natural Gas Futures Gain On Storage Result, Weather; Cash Mixed

This post was originally published on this siteNymex December natural gas futures settled higher on the final trade day in the truncated Thanksgiving holiday workweek, supported by a surprise withdrawal from inventories and approaching cold weather. At A Glance: EIA prints 7 Bcf storage draw Warming follows near-term cold Thanksgiving holiday limits cash The front-month

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Despite Robust Supplies, Baseload Prices Kick Off December Natural Gas Bidweek Trading With Positive Momentum

This post was originally published on this siteNatural gas prices trended mostly higher during the first day of December bidweek trading on Wednesday even as production hovered near record levels, supplies in storage remained robust and weather-driven demand proved seasonally soft. NGI’s Bidweek Alert (BWA) showed upward momentum across several regions, with traders focused more

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Lakach Failure Highlights Mexico’s Difficulty Developing Own Natural Gas Resources – Column

This post was originally published on this siteEditor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. The drama of the Lakach offshore natural gas field serves to underline the difficulties Mexico

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Oman Pushes Global LNG Supply Position ‘Beyond 2024’ with Latest BP LNG Deal

This post was originally published on this siteOman has extended its LNG supply relationship with BP plc for an additional nine years as it progresses its “Beyond 2024” initiative to remain a significant natural gas player through the decade. BP inked a liquefied natural gas sales and purchase agreement (SPA) with Oman LNG for 1

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Natural Gas Forward Prices Retreat on Production Boom, Mild December Weather

This post was originally published on this siteBooming production numbers and the possibility of underwhelming December weather had natural gas prices reeling during the Nov. 16-21 period, with both regional forwards and Nymex futures posting sizable discounts. In the face of record-level supply flooding the market, bulls seemed ready to throw in the towel on

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Natural Gas Count Up Three in U.S. as Marcellus, Haynesville Pick Up Rigs

This post was originally published on this siteThe U.S. natural gas drilling count rose three units to 117 for the period ending Wednesday (Nov. 22) as the Haynesville and Marcellus shales picked up rigs, Baker Hughes Co. (BKR) data show. Oil-directed drilling was unchanged at 500 rigs in the United States for the period, while

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