Too busy with too much stuff so I will just post the link now and come back to it later. A huge "thank you" from a reader for sending me the link.
From ArgusMedia:
Rising natural gas production this year from North Dakota has curbed western Canadian flows on Northern Border and limited price gains on that pipeline.
Associated gas production from the Williston basin, which includes the Bakken and Three Forks formations in North Dakota, has exceeded year-earlier levels since February.
Overall gas production in the state reached a record 1.85 Bcf/d (53mn m³/d) in May, up by 13pc from a year earlier.
Final production numbers from June may show a new high as producers there are focusing in areas with a high gas-to-oil ratio.
Spot gas prices from February to May on Northern Border at Ventura, Iowa, averaged $2.80/mmBtu, up by 55pc from a year earlier. But the price increase lagged that of the NIT/AECO hub in Alberta, where prices almost doubled year over year to $2.06/mmBtu.
Northern Border delivers Canadian gas and supplies from North Dakota, to major midcontinent markets such as Chicago. The pipeline receives production from the Western Canadian Sedimentary Basin through TransCanada's Mainline system near Port of Morgan, Montana.
Gas flow from Canada at Port of Morgan in the first half of 2017 averaged 1.5 Bcf/d, down by 3.3pc from the year-earlier period, according to pipeline flow data.
Meanwhile, gas flow on Northern Border past the Glen Ullin compressor station, which indicates Bakken receipts, has been near its full capacity of 2.4 Bcf/d for the past year.
Much more at the link.
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