Platts proposes new Marcellus price posting

Following initial research, Platts intends to add to its daily and monthly bidweek North American spot-price surveys a new price location to capture trades of production receipts on Tennessee Gas Pipeline's 300 leg in Tioga, Bradford and Susquehanna counties in Pennsylvania.

The new daily posting, "Tennessee zone 4-300 leg Marcellus," would begin effective trade date Tuesday, January 17 for flow date Wednesday, January 18. The new monthly bidweek posting would begin effective with the late-January bidweek for February delivery.

The new pricing location, as envisioned, would be a delivered-to-Tennessee posting that includes all points of receipt on Tennessee's 300 leg from, and including, station 315 in Tioga County to, and including, station 321 in Susquehanna County.

The new daily posting would appear in the "Appalachia" section of Gas Daily's "Daily price survey" table and the "Northeast" section of Energy Trader's "Daily spot gas prices" table.

The new monthly bidweek posting would appear in the "Prices of Spot Gas Delivered to Pipelines" tables in Inside FERC's Gas Market Report, Energy Trader and Gas Daily Price Guide and the "Bidweek Physical Basis Prices Delivered to Pipelines" table in Inside FERC's Gas Market Report and Gas Daily Price Guide.

Please send any comments or questions through email by December 12 to gas_survey_comments@platts.com with a cc to pricegroup@platts.com.