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Natural Gas Intelligence
Jeremiah Shelor, Reporter, Natural Gas Intelligence
February 22, 2018

Genscape Inc. was calling for demand in California and Nevada to decline from 9.55 Bcf/d Thursday to 6.50 Bcf/d Friday and to around 5.6 Bcf/d by the weekend.

Natural Gas Intelligence
Jeremiah Shelor, Reporter, Natural Gas Intelligence
February 21, 2018

“For example, when demand averaged 3.96 Bcf/d for four days in January 2017, SoCal’s system-wide receipts averaged 3.03 Bcf/d. That left 930 MMcf/d that needed to be made up via storage withdrawals,” Genscape said. “But with demand at 3.82 Bcf/d over the past three days, receipts have only come in at 2.64 Bcf/d, necessitating an average withdrawal of 1.18 Bcf/d.”

RBN Energy
David Braziel, Reporter, RBN Energy
February 20, 2018

However, In the winter of 2017-18 (purple line), the volume of gas used to generate power declined when the average temperatures plummeted well below freezing (right end of purple line).

Eastern Transco Corridor Gas Burn in Recent Winters

Natural Gas Intelligence
Jeremiah Shelor, Reporter, Natural Gas Intelligence
February 20, 2018

Genscape analyst Joseph Bernardi further noted to NGI that SoCalGas is reporting daily storage withdrawals exceeding the 1 Bcf/d mark this week, “also for the first time in over a year.”

Reuters
Erwin Seba, Reporter, Reuters
February 20, 2018

BP shut the unit on Friday night for the work, according to energy industry intelligence service Genscape.

Bloomberg
Jim Efstathiou Jr., Reporter, Bloomberg
February 20, 2018

All that warmth means lower prices for natural gas and electricity to heat homes and businesses. Wholesale power in New York fell to an 11-week low Tuesday morning, according to Genscape data. In New York City, the real time peak power price sank 69 percent to $10.96 a megawatt-hour, the lowest for the region since Dec. 5.

OilPrice.com
Irina Slav, Reporter, OilPrice.com
February 20, 2018

Last month Libya produced 1.083 million bpd of crude oil, and 1.133 million of total liquids, Genscape said, adding that its oil production monitoring showed that oil fields in Libya appeared to operate relatively consistently in January, without steep, significant dips below the average production levels due to weather or pipeline attacks.

Reuters
Jarrett Renshaw, Reporter, Reuters
February 20, 2018

The system was designed to reward PES for success, but had no contingency plan to protect the refiner against the failure that would quickly follow the deal. The rail terminal has averaged just 58,000 bpd since the contract was signed, according to figures provided to Reuters by energy intelligence service Genscape, because Carlyle and PES could no longer access crude at prices low enough to make the rail shipments profitable.

Canton Rep
Edd Pritchard, Reporter, Canton Rep
February 19, 2018

The program is April 4 from 7:30 a.m. to 3:15 p.m. at Walsh University’s Barrette Center in North Canton. It’s the fifth year for the event, co-sponsored by the Canton Chamber and Shale Directories. Participants in this year’s seminar include:

• Colette Breshears, natural gas analyst for Genscape.

Bloomberg
Jeff Wilson, Thomas Wilson, Grant Smith, and David Stringer, Reporters, Bloomberg
February 18, 2018

WEDNESDAY, FEB. 21

Genscape weekly ARA crude stockpiles report
Sempra Energy’s $9.45b takeover of Oncor Electric Delivery, hearings by Public Utility Commission of Texas begin.
Caterpillar Inc. at Barclays Industrial Select Conference

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