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

Platts is a leading global provider of energy, petrochemicals, metals and agriculture information, and a premier source of benchmark price assessments for those commodity markets. 

Platts acquired Bentek Energy in 2011. Bentek was a recognized leader in natural gas, oil and NGL market fundamental analysis with expertise in power, demand and other energy segments. Bentek provided a full range of products including daily market reports,online applications, comprehensive studies, consulting engagements and retainer services.

By combining the skills and experience of Bentek with Platts, we can now provide a deeper level of market data, news, and analysis, on a regional and global basis, to meet the needs of analysts and traders.

Top Stories

Filter by Type:
Tuesday, April 25, 2017 - 3:40 PM
Canadian imports have maintained a strong hold on the Northwest market this summer, averaging 3.2 Bcf/d as both Northwest Pipeline and GTN continue to flow in at nearly maximum capacity. In spite of the Opal to Malin spread widening 4 cents/MMBtu this month to date versus the same period in 2016 -- while the Kingsgate to Malin spread remains nearly flat at 30 cents/MMBtu -- Rockies gas has continued to be displaced. GTN deliveries to NWPL at Stanfield have set impressive marks, trending at 353 MMcf/d this month to date which is 40% higher than 2016. The incremental supply on NWPL has weighed slightly on Stanfield basis, which is down 6 cents/MMBtu this month to date versus last year; however, the added supply has likely played a role in Opal shedding 13 cents/MMBtu over the same period. The Kingsgate to Opal spread has remained open at 25 cents/MMBtu this month to date, helping keep NWPL backhauls at -0.15 Bcf/d.
Tuesday, April 25, 2017 - 8:35 AM
Sample data indicates Canada production this month has held relatively steady to the 12.9 Bcf/d collected by Platts Analytics on January 1. While production has dipped under 12.4 Bcf/d as recently as last Thursday, total sample production for Canada has only averaged 66 MMcf/d less than the start of the year so far this month. This flatness that has allowed modeled production to idle near 15.3 Bcf/d for much of the year, which has created some uncertainty in expectations for production this summer as this breaks away from trends seen the past two years.
Tuesday, April 25, 2017 - 6:10 AM
Southeast production continued its downward slide, falling another 0.1 Bcf/d Tuesday to 9.7 Bcf/d, marking its second lowest level of the year. Offshore production fell 0.1 Bcf/d to 3.0 Bcf/d, and is 0.7 Bcf/d below its year-to-date peak.  Onshore production is 0.6 below its 2017 high. The maintenance season appears the likely source of the decline, with Tuesday’s dip being driven by a 0.1 Bcf/d decline in Alabama offshore from the Tubular Bells platform on Transco’s system. Louisiana offshore production is 0.2 Bcf/d below its 2017 average, driven by 0.1 Bcf/d declines on Garden Banks and KinDeep systems. The Garden Banks decline can be tied back to two platforms on its system; Auger and Enchilada, which have not had production volumes in 12 and eight days, respectively, but were already producing at lower than normal levels when going offline. Mississippi offshore production is also 0.2 Bcf/d below its 2017 average, as three major Mississippi Canyon platforms on Destin’s system are offline: Na Kika, Thunder Hawk and Thunder Horse.

Insights on the top gas & power stories for Summer

Summer Outlook Webinar 2017
Learn about natural gas long term impacts

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*

04/07-04/13 Week
04/14-04/20 Forecast Week
East 15 12 TBD
Midwest 5 11 TBD
South Central 28 26 TBD
Mountain 2 3 TBD
Pacific 2 2 TBD
Total 52 54 N/A

Weekly forecast is available to subscribers on Tuesday morning. 

* All storage numbers are in BCF

Consulting Services

Bentek Consulting Services
Learn About Our Consulting

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.