Preview NGI’s Awesome 2018 Shale Play/Pipeline Map
Just in time for Christmas (or Chanukah, or Kwanzaa)...NGI has just released our favorite map, the 2018 Map of Shale/Resource Plays & North American Natural Gas Pipelines. When MDN editor Jim Willis began working in the natural gas market full-time in 2012, he learned from some of the best in the business--the incredibly talented people at Natural Gas Intelligence (NGI). One the key lessons Jim learned early on in working with NGI is that ours is a market driven by price. And not just one price! Yes, the Henry Hub in South Louisiana is the most quoted price point in the world when it comes to natgas. Indeed, it forms the basis price against which all other trading points are measured. But Jim learned early on there isn’t just one price for natural gas, there are many (hundreds!) of prices for natural gas, because natural gas is traded at hundreds of different locations along pipelines, all around the country. When Jim was being taught about the markets and prices and why and where drillers decide to drill, driven by price, one of the key resources used to teach Jim was the NGI map. It was a revelation that made a lasting impression when Jim’s tutors walked him over to the NGI map hanging on the wall and pointed out all of the different shale plays, pipelines, and trading points along those pipelines. Suddenly, the complex world of natgas with its many moving parts snapped into place. It was now understandable. NGI’s wall map is the tool that did that for Jim. Perhaps it can do the same for you. NGI typically issues the map with updates every year or two. The 2018 edition has just been released, with important updates. If you work in, or have an interest in, the natural gas market, give yourself the one gift that will keep on giving for years--an NGI map...
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