Genscape & PetroChem Wire Deliver Full-Stream View of NGLs Market with Industry’s First Publication Integrating Pricing & Proprietary Fundamental Data

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Industry experts to explore impacts of dramatic oil-directed rig count decline & global oversupply on natural gas liquids production & prices in live webinar

"The goal of the NGLs Week publication is to shed light on areas of uncertainty and provide a comprehensive understanding of price relationships and underlying fundamental data across the supply chain," said Suzanne Evans, Senior Product Manager, Genscape

The natural gas liquids (NGLs) markets often experience price volatility due to unsubstantiated operations information, be it changes in pipeline flow rates, planned maintenance starts, unplanned infrastructure shutdowns, or restarting units, perpetuating market inefficiencies. This price volatility is further exacerbated in forward curves by uncertainty around when additional infrastructure will come online. Genscape and PetroChem Wire (PCW) have partnered to provide unprecedented market transparency through the industry’s first NGLs report that connects prices, price relationships, and underlying fundamental data across the supply chain.

NGLs Week, the new joint publication between Genscape and PCW, combines Genscape’s analytics content and proprietary monitoring of NGLs pipeline, fractionation, and ethylene cracker operations with pricing data and market intelligence from PCW. The report offers market participants a holistic view of the NGLs supply chain from the wellhead to the ethylene cracker. This combination of price and fundamental data supports market participants to make informed business decisions.

“We’re seeing significant volatility and uncertainty in today’s NGLs market, primarily due to the collapse of crude,” said Suzanne Evans, senior product manager at Genscape. “The goal of the new NGLs Week publication is to shed light on these areas of uncertainty and provide a comprehensive understanding of price relationships and the underlying fundamental data across the NGLs supply chain.”

Using proprietary infrared monitoring techniques, Genscape currently provides real-time operations data for 1.5 million barrels per day of NGLs pipeline capacity, both raw NGLs and batched lines. Genscape publishes flow information on these lines based on its proprietary pipeline flow models.

Genscape also provides data for 50 percent of fractionation capacity in Mont Belvieu, Texas, reporting on nearly 800,000 barrels per day of fractionation capacity. This monitoring allows Genscape to alert market participants when fractionation trains are on, off, or are experiencing significant flaring events. In addition, Genscape monitors 60 percent of the U.S. Gulf Coast (USGC) steam cracker units, reporting on over 37 billion lbs/year of ethylene production capacity. Data that is gathered and analyzed is delivered in real-time, alerting market participants to important furnace shutdowns, restarts, and flaring at monitored cracker units.

Experts from Genscape and PCW will deliver a complimentary, live webinar on March 18 at 2:30 EDT to provide a holistic review of the current and future state of the NGLs market, from a pricing and fundamental viewpoint. Registration is available at http://info.genscape.com/ngls-rig-count-webinar-2015. Free trials of NGLs Week are currently available at http://info.genscape.com/ngls-week-launch

About Genscape

Genscape is the leading global provider of real-time data and intelligence for commodity and energy markets, driven to improve market transparency and efficiency. With thousands of patented monitors strategically deployed worldwide, Genscape is unique in its ability to collect and report proprietary market fundamentals in real-time or near real-time. Genscape delivers innovative solutions across a number of asset classes including: Oil, Power, Natural Gas and LNG, Agriculture, Petrochemical and NGLs, Maritime, and Renewables. Genscape clients often access important insight not otherwise available, improve risk management, or increase operational efficiency. For more information, please visit: http://www.genscape.com

About PetroChem Wire

The PetroChem Wire is a daily, independent publication that creates global awareness of the US NGLs, olefins and polymers markets by providing useful and clear information at the close of each business day. PetroChem Wire was formed in 2007. Its olefins and polyolefins prices currently serve as benchmarks for a number of physical and swap contracts that trade on the CME/NYMEX Clearport system. For more information, please visit: http://www.petrochemwire.com

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Molly Robinson
Genscape, Inc.
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