New Natural Gas Pipeline In Pennsylvania Opens Just In Time For Winter -- November 15, 2018; North Dakota With Five More Oil & Gas Permits

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Title : New Natural Gas Pipeline In Pennsylvania Opens Just In Time For Winter -- November 15, 2018; North Dakota With Five More Oil & Gas Permits
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New Natural Gas Pipeline In Pennsylvania Opens Just In Time For Winter -- November 15, 2018; North Dakota With Five More Oil & Gas Permits

ISO New England: spot price starting to surge, now about $125/MWh; demand is slightly higher than forecast; "hydro" tapped;

New England natural gas: Williams Cos Inc's Atlantic Sunrise pipeline has begun operating -- data points:
  • northeast Pennsylvania
  • added 1.7 Bcfpd in new takeaway capacity to the region
  • October permitting for new shale gas wells shot higher
  • EQT Corp: the nation's top gas producer, continued as the leading company for new permits
  • note:  
statewide, permitting activity dropped 26% when compared to a year ago. With production still increasing in Appalachia this year, fewer permits indicates drillers are getting even more efficient at getting gas out of the ground with fewer wells and longer horizontal laterals.
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Back to the Bakken
 
Active rigs:

$56.56😌 11/15/2018 11/15/2017 11/15/2016 11/15/2015 11/15/2014
Active Rigs 62 55 39 64 186

Five new permits:
Operators: Zavanna (4): Denbury
Fields: Patent Gate; Poe; Cedar Hills
Comments: Zavanna has permits for a 4-well Usher pad in 28-151-100 (Patent Gate/Poe)


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