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Platts is a leading global provider of energy, petrochemicals, metals and agriculture information, and a premier source of benchmark price assessments for those commodity markets. 

Platts acquired Bentek Energy in 2011. Bentek was a recognized leader in natural gas, oil and NGL market fundamental analysis with expertise in power, demand and other energy segments. Bentek provided a full range of products including daily market reports,online applications, comprehensive studies, consulting engagements and retainer services.

By combining the skills and experience of Bentek with Platts, we can now provide a deeper level of market data, news, and analysis, on a regional and global basis, to meet the needs of analysts and traders.

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Thursday, February 11, 2016 - 12:21 PM
Since the beginning of the month, Southeast net flows from the Northeast have averaged 1.9 Bcf/d. Not only does this mark an increase of about 0.7 Bcf/d from January levels, but it is also a complete change in direction of gas flow from last year, in which the Southeast sent about 3.1 Bcf/d to the North (see Fig. 1). If inter-regional flows maintain current levels through the end of the month, it will mark the strongest month for net receiving gas from the Northeast. Despite strong demand in February, Henry Hub has experienced downward pressure as strong inflows have been paired with both consistent production and persistent high storage levels. See page 2.
Thursday, February 11, 2016 - 6:06 AM
A sustained cold front in the forecast is expected to drive up total Northeast demand to just above 30 Bcf/d through the upcoming weekend. The sharp drop in temperatures and subsequent high-demand outlook has prompted several pipelines in the region to issue operational flow orders on concerns of over-deliveries and low system pressure. Algonquin, Equitrans, Nat. Fuel and Empire have all issued system-wide OFOs. Texas Eastern has ordered an OFO for M3, while Dominion has issued region-specific restrictions north of Sabinsville and on its PL-1 system in the southern portion of the pipeline's operating area, which includes deliveries into TETCO M3, WGL, and Transco. Increased demand in the region put upward pressure on cash prices around Northeast demand centers in Wednesday's trading. In the New York area, Transco Zone 6-NY and Iroquois Zone 2 each settled at $6.06/MMBtu and $6.14/MMBtu, respectively. Further north, delivered gas into New England at TGP Zone 6-200L and Algonquin Citygates settled at a respective $6.47/MMBtu and $7.03/MMBtu for Thursday's flow. Cash prices at Leidy-Transco and TGP-Marcellus traded down slightly as production continues to hold near 23 Bcf/d.
Thursday, February 11, 2016 - 5:56 AM
Dry gas production has fallen roughly 0.1 Bcf/d from yesterday's record-high 73.22 Bcf/d, which topped the previous record set in April 2015. Today's production estimate in the Northeast, at 23.03 Bcf/d, marks a record high for the region, which has seen month-to-date production increase by 870 MMcf/d from the January daily average. Despite the small US production decline, total US supply has increased by 0.5 Bcf/d overall due to a roughly 300 MMcf/d increase in both LNG sendout and imports from Canada. Below-normal temperatures across much of the Midcon and Northeast have boosted US ResComm demand to 53.4 Bcf/d, a 4.2 Bcf/d increase day-over-day, and 10 Bcf/d over the prior seven-day average. Power burn fell by nearly 1.6 Bcf/d today. Total US demand is expected to fall by 4.3 Bcf/d tomorrow, led by the Southeast and Northeast losing 1.7 Bcf/d and 1.4 Bcf/d respectively.

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EIA Storage Comparison

Indices Chg Date
TX Intra Flow™ 2272 BBtu -47.82% 04/27
Gulf Production™ 6.2 BBtu -8.82% 04/22

Weekly Storage Forecast*

01/29-02/04 Week
02/05-02/11 Forecast Week
BENTEK EIA Forecast
East -21 -21 TBD
Midwest -27 -28 TBD
South Central -7 0 TBD
Mountain -8 -8 TBD
Pacific -13 -13 TBD
Total -76 -70 N/A

Weekly forecast is available to subscribers on Tuesday morning. 

* All storage numbers are in BCF

EnVisuals® Hub Flow Maps

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EnVisuals® Hub Flow Maps are a dynamic set of maps that indicate changes in energy flows and regional pricing.

Storage Map

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Storage Maps monitor the injections and withdrawals of each storage facility in the U.S.

Capacity Map

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View capacity and capacity utilization on each of the major pipeline corridors in North America.