Innovative Market Insight... Driven by analytics, powered by fundamentals

Bentek Energy® is an energy market analytics company, providing data-driven research and deep market understanding to our clients. We are a recognized leader in natural gas, oil and NGL market fundamental analysis. But our expertise goes much further, into power, demand and other energy segments. We collect and organize data from all of these markets from thousands of sources worldwide, and then transform the data into actionable intelligence and key market insights. Bentek provides a full range of products including daily market reports,online applications, comprehensive studies, consulting engagements and retainer services.

Top Stories

Filter by Type:
Tuesday, October 13, 2015 - 6:15 AM
The current flow dynamics into the US Northwest (USNW) and price spreads between its suppliers are driven by contracts signed in previous years, many in 2011 when the price spread between the Rocky Mountain region (CIG ROX) and Alberta (AECO) averaged just 10 cents and West Canada production was not driving AECO to historically low levels. In 2015, gas pipeline flows through Sumas are at capacity with Westcoast Pipeline flowing a YTD average of just under 1.1 Bcf/d to Northwest Pipeline. Kingsgate has been flowing at 1.9 Bcf/d YTD, but has a listed capacity of 2.8 Bcf/d. Kingsgate’s primary competition into the USNW is Ruby Pipeline, which brings in gas from the Rockies. GTN via Kingsgate and Ruby have volumes contracted at 1.9 Bcf/d and 1.1 Bcf/d respectively. Low prices at AECO have led to Kingsgate’s contracted volumes getting prioritized over those on Ruby. Ruby is essentially the marginal supplier for any additional demand in the Northwest beyond Kingsgate’s contracted volumes and Sumas’ capacity. This will work to drive the spread between West Canada and the Rockies apart for most of this winter.
Tuesday, October 13, 2015 - 6:10 AM
The 220-MW Port Westward 2 is the only major natural gas fired power plant to come online in the past year in the PNW, and has provided reliable peaking power in its first ten months of operation. The facility generated 59 GWh/month, or 1.9 GWh/d, from May through July this year, based on EIA 923 data. This reflects an average utilization of 36%, peaking as high as 45% in July. Natural gas deliveries to the facility off Kelso Beaver indicate the facility operated on 70 days during May through July, or 76% of days, with deliveries averaging 15 MMcf/d on operating days and peaking at 30 MMcf/d. Assuming a heat rate of 8.5, a daily consumption of 30 MMcf/d indicates the facility has operated at 67% of capacity on peak days. Port Westward 2 was intended to provide peaking power to compensate for the variability in solar and wind, and likely provided peak power this summer to also fill in the power deficit from hydroelectric generation.
Tuesday, October 13, 2015 - 6:00 AM
Northeast production declined nearly 0.5 Bcf/d from yesterday's gas day of 20.4 Bcf/d, the first time below 20 Bcf/d since 8/14, a 60-day period. Declines were seen on Dominion at the Natrium processing plant for 196 MMcf/d in West Virginia, several gathering and production meters on Tennessee Gas Pipeline in Northeast PA Dry by 132 MMcf/d, and lastly on National Fuel's system in Southwest PA for 212 MMcf/d decline. National Fuel's decline can likely be attributed to a three-day construction starting on Line N that shut-in several production meters and interconnect supply sources.

Consulting Services

Bentek Consulting Services
Learn About Bentek Consulting

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*

09/25-10/01 Week
10/02-10/08 Forecast Week
East 59 57 TBD
Producing 34 30 N/A
West 7 8 N/A
Total 100 95 N/A

Weekly forecast is available to subscribers on Tuesday morning. 

* All storage numbers are in BCF

EnVisuals® Hub Flow Maps


EnVisuals® Hub Flow Maps are a dynamic set of maps that indicate changes in energy flows and regional pricing.

Storage Map


Storage Maps monitor the injections and withdrawals of each storage facility in the U.S.

Capacity Map


View capacity and capacity utilization on each of the major pipeline corridors in North America.