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29 Jul 2011 | 08:10 UTC — Washington
Following feedback from market participants, Platts will begin publishing natural gas spot prices August 1 for two new monthly locations -- Emerson, Viking GL and Leidy Hub -- and one new daily location -- White River Hub.
White River Hub
Platts will add a daily assessment to reflect trading at the White River Hub in Rio Blanco County, Colorado. White River Hub is a joint-venture header system owned by Questar Pipeline Co. and Enterprise Products Partners LP designed to provide access to downstream markets for gas produced in northwest Colorado's Piceance Basin. The hub has interconnects with Questar Pipeline, Wyoming Interstate, Colorado Interstate Gas, Rockies Express Pipeline, Northwest Pipeline, TransColorado Gas Transmission and Enterprise Products' Meeker processing plant.
The point's description will be: "Deliveries to or from pools or interconnects that make up the White River Hub in Rio Blanco County, Colorado."
The daily "White River Hub" assessment will appear in the "Rockies" section of Gas Daily's "Daily price survey" table and the "Rockies/Northwest" section of Energy Trader's "Daily spot gas prices" table.
Platts is not adding a monthly bidweek assessment for White River Hub at this time because of insufficient trading activity in the monthly market, but will continue to collect bidweek trade data and monitor activity there.
Leidy Hub
Platts will add a Leidy Hub assessment in its monthly bidweek survey. The bidweek location will be identical to the location Platts publishes for the daily market. Platts' description for the Leidy Hub is "Deliveries into and from Dominion Transmission, National Fuel Gas Supply, Columbia Gas Transmission, Texas Eastern Transmission and Transcontinental Gas Pipe Line in the vicinity of the Leidy storage facility in Clinton County, Pa."
The monthly bidweek assessment will appear in the "Northeast" section of the "Market Center Spot Gas Prices" tables in Inside FERC's Gas Market Report, Energy Trader and Gas Daily Price Guide and the "Market Center Bidweek Physical Basis Prices" table in Inside FERC's Gas Market Report and Gas Daily Price Guide.
Emerson, Viking GL
Platts will add an Emerson, Viking GL assessment in its monthly bidweek survey. The bidweek location will be identical to the location Platts publishes for the daily market. Platts' existing description for Emerson is "Deliveries into Great Lakes Gas Transmission from TransCanada PipeLines at the Emerson 2 compressor station at the US/Canadian border at Emerson, Manitoba, and deliveries into Viking Gas Transmission from TransCanada at the Emerson 1 station." Effective August 1, the description will change "Emerson 2 compressor station" to "Emerson 2 meter station."
The monthly bidweek assessment will appear in the "Upper Midwest" section of the "Market Center Spot Gas Prices" tables in Inside FERC's Gas Market Report, Energy Trader and Gas Daily Price Guide and the "Market Center Bidweek Physical Basis Prices" table in Inside FERC's Gas Market Report and Gas Daily Price Guide.
The new assessments, in addition to the publications noted above, will also be added to Platts' Natural Gas Alert and will be available along with existing assessments via Platts Market Data.
For questions, please contact Kelley Doolan at kelley_doolan@platts.com or Tom Castleman at tom_castleman@platts.com.