US Northeast NGL Production Growth Sparks Need for Fundamental Transparency; Genscape’s Proprietary Marcellus/Utica NGL Supply Chain Monitoring Provides Critical Insight
Houston, TX (PRWEB) July 21, 2015 -- A delicately balanced NGL supply chain has recently emerged in the Northeast, where production from the prolific Marcellus and Utica natural gas plays has become the leading NGL reserve in North America. The deep connectivity of gas production to NGL processing and transportation infrastructure is unprecedented, and it is essential for upstream and downstream market participants to have transparency into these rapidly expanding producing areas. Genscape’s new Marcellus/Utica NGL Supply Chain Monitoring Service provides subscribers with unique, real-time information on fractionation and pipeline operations using proprietary monitoring technology.
With expansive coverage and prompt delivery of critical information, this new Monitoring Service provides clients with the insight needed to optimize trading and supply. Genscape delivers critical information to support immediate trading, marketing, and production decisions.
“NGL production in the Marcellus and Utica NGL-rich gas shale plays is expected to continue to grow. The lack of storage, be it physical storage or ethane rejection capabilities, along with a lack of spare processing and transportation capacity in these plays leaves the NGL supply chain vulnerable to operational disruptions. Genscape’s new service gives those most exposed the insight they need into this key area, across the entire supply chain,” explains Suzanne Evans, senior product manager, ngls & petrochemicals.
In a newly published white paper, Genscape discusses the expansion of NGL production in the Northeast and delves into how Marcellus and Utica natural gas production has become dependent on the continuous operation of each infrastructure node and how disruptions impact the entire supply chain. The white paper also reviews production growth trends and expectations, effects of high ethane content and lack of storage capacity, and provides an analysis of the need for spot pricing in the Northeast. Genscape’s new complimentary white paper, “Disruptions & Vulnerabilities Impacting the Evolving Marcellus/Utica NGL Supply Chain”, is available for download here: genscape.com/marcellus-utica-ngl-supply-chain-white-paper-2015-press
To learn more about the new Marcellus/Utica NGL Supply Chain Monitoring Service, or to request a free trial, visit: genscape.com/marcellus-utica-ngl-supply-chain-monitoring-trial-press
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 gain important insights, improve risk management, or increase operational efficiency. For more information, please visit: http://www.genscape.com
Jaimie Weiss, Genscape, Inc., http://www.genscape.com, +1 617-790-0959, [email protected]
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