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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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Monday, May 02, 2016 - 6:00 AM
An explosion on Texas Eastern in Southwest PA Friday has shut in the Delmont Compressor Station, cutting off northbound flows into M3. Capacity at Delmont was reduced from 2.6 Bcf/d to 0 starting gas day 29; flows had averaged 1.4 Bcf/d in the 30 days prior. As a result of the outage, TETCO has issued a low-pressure OFO in M3, where supplies are being made up from withdrawals from Leidy Storage and deliveries from AGT via the AGT to TE Hanover Lease. West of the Delmont Compressor, which marks the M2/M3 zone boundary, a high-pressure OFO has been issued on the M2-30 inch line, which sees the majority of TETCO's 3.7 Bcf/d of Northeast production receipts in OH, WV, and PA. Production was down a net 390 MMcf/d over the weekend; TETCO, TGP, Equitrans and Stagecoach saw a combined 840 MMcf/d of declines, while Dominion and Transco posted an offsetting 450 MMcf/d in production increases. June M3 basis gained nearly 10 cents/MMBtu in Friday's close, while index increased by 20 cents outright. Next-day volumes for gas days 1 and 2 gained 13 cents to settle at $1.40/MMBtu, while same-day gas in M3 traded as high as $3.25/MMBtu late Friday.
Monday, May 02, 2016 - 5:55 AM
Ruby deliveries into PG&E have fallen to their lowest levels of the year over the first two days of May, averaging just 366 MMcf/d. Ruby deliveries into the Malin hub have averaged 638 MMcf/d year to date, peaking at 943 MMcf/d, and averaged 562 MMcf/d in April. The deliveries over the past two days are the lowest since August 25, 2015, when Ruby delivered 250 MMcf/d, or 584 MMcf/d below its prior 7 day average due to a brief maintenance. The current lows do not appear to be driven by maintenance, and Canadian flows from GTN are taking a bigger portion of deliveries into Malin. GTN deliveries into Malin reached a year-to-date high on May 1 of 1.62 Bcf/d, and remain high at 1.54 Bcf/d today. This compares to a year-to-date average of 1.1 Bcf/d and the April average of 1.4 Bcf/d, indicating a shift in contracted capacity likely occurred between April and May.
Monday, May 02, 2016 - 5:50 AM
After weakening to a year-to-date low of minus 7 cents/MMBtu earlier in the month, MichCon’s Bal Summer 16 basis strip returned back to the even level it started the year off, at zero cents. The cash price strip for MichCon Bal Summer 16 managed to gain 20 cents over the course of April, closing the month out at $2.29/MMBtu. The amount of strengthening comes as a bit of surprise considering regional storage levels for the Midwest. However, Bentek estimates ANR’s storage system only managed a net injection of 8 Bcf over the course of April, while April 2015 fared an 18 Bcf injection. Although inventory levels have greatly diminished the need to fill storage, Midwest ResComm demand appears to have provided some regional supply relief as it finished the month up 0.7 Bcf/d at 5.4 Bcf/d from April 2015.

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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*

04/15-04/21 Week
04/22-04/28 Forecast Week
BENTEK EIA Forecast
East 23 23 TBD
Midwest 15 16 TBD
South Central 23 25 TBD
Mountain 4 3 TBD
Pacific 6 6 TBD
Total 71 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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