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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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Tuesday, May 24, 2016 - 5:55 AM
US dry gas production fell 0.8 Bcf/d from Monday to just under 70.3 Bcf/d, marking a new year-to-date low. This decline was spread evenly, with a drop of 0.3 Bcf/d in the Rockies and 0.2 Bcf/d declines in the Northeast, Southwest and Texas. The Rockies decline was led by drops of 0.2 Bcf/d in the San Juan and Green River-Overthrust. The Northeast decline was led by the Appalachian PA Northeast Dry, down 0.15 Bcf/d, with gathering companies on Millennium accounting for about half of this. US demand rose 1.6 Bcf/d to 62.5 Bcf/d, with a 2.3 Bcf/d increase in powerburn offsetting a 0.4 Bcf/d decline in ResComm. The strengthening in powerburn was led by increases of 1.1 Bcf/d, 0.7 Bcf/d and 0.4 Bcf/d in the Northeast, Southeast and Texas, respectively.
Tuesday, May 24, 2016 - 5:50 AM
High storage levels are driving Dawn to its weakest April and May basis since 2006. Dawn began 2016 with 246 Bcf in storage, which was 128% of the prior five-year average. But warm temperatures and weak demand across North America left Dawn inventories at 142 Bcf at the start of April, which was 207% of the prior five-year average. This has meant Dawn needs less gas than normal this summer to fill back to average, and the hub has actually withdrawn a net of 1.6 Bcf since the start of April, when over the past five-years it has averaged a net injection of 21 Bcf during this time. Less need for gas at Dawn has pushed prices down, and explains why basis has averaged just 17 cents for April and May, the weakest basis for these months since 2006. Dawn has injected an average of 157 Bcf over the past five years from late-May to the end of October, but will need only 104 Bcf this year. This explains why the futures market has Dawn basis deteriorating further to average minus 2 cents for the remaining summer strip.
Tuesday, May 24, 2016 - 5:45 AM
Trailblazer announced a one-day maintenance for June 7 that will result in capacity being reduced to 640 MMcf/d at its Compressor Station 603 through Segment 40, which could impact primary and secondary firm nominations, as well as ITS/AOR. Inflows to the Midwest from the Rockies along Trailblazer’s Segment 40 have averaged 673 MMcf/d over the last 30 days and have reached as high as 755 MMcf/d so far this year. Bentek’s sample data indicates deliveries to interconnects with NGPL-Cage and NNG-Beatrice make up 30% and 55% of total Trailblazer deliveries, respectively, which have averaged 675 MMcf/d over the last 30 days. Note:  Benposium 2016 features analytical sessions from more than 15 Platts analysts over three days. Benposium will occur from June 13-15 at the Royal Sonesta Houston. For more info,  <a>click here</a>.

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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*

05/06-05/12 Week
05/13-05/19 Forecast Week
BENTEK EIA Forecast
East 23 22 TBD
Midwest 26 24 TBD
South Central 20 17 TBD
Mountain 4 5 TBD
Pacific 6 5 TBD
Total 79 73 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.

Benport Intraday 3 Cycle Implementation

Intraday 3 cycle data has been integrated into our Platts Bentek reports, DWH and models. Intraday 3 data has replaced Intraday 2 data from April 1 forward.  History prior to April 1 will remain Intraday 2 cycle. 

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