May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 8: 8:45 9:3 1:15 11: 11:45 12:3 13:15 14: Prior Day s NYMEX Jun-18 Contract (CT) 2.84 2.82 2.8 2.78 2.76 2.74 2.72 2.7 2.68 2.66 NYMEX NG Futures Jun-18 2.814.77 Jul-18 2.828.68 Aug-18 2.836.69 Sep-18 2.822.67 Oct-18 2.829.67 Nov-18 2.865.65 Dec-18 2.965.63 Jan-19 3.47.62 Feb-19 3.9.59 Mar-19 2.898.57 Apr-19 2.568.31 May-19 2.536.29 Jun-19 2.567.29 Jul-19 2.6.29 Aug-19 2.64.29 Sep-19 2.588.28 Oct-19 2.61.27 Nov-19 2.671.27 Dec-19 2.811.26 Jan-2 2.917.26 Feb-2 2.889.26 Mar-2 2.82.26 Apr-2 2.547.23 May-2 2.522.23 1YR Strip 2.835.6 218 2.851.68 5YR Strip 2.721.21 I N T H E N E W S Noble Energy agrees to develop Alen field s natural gas offshore Equatorial Guinea Oil & Gas Journal reported: Noble Energy Inc. signed an agreement with the Equatorial Guinea government and necessary third-parties establishing a framework for development of natural gas from offshore Alen field. Gas will be processed through Alba Plant LLC s liquefied petroleum gas plant 1 2 M O N T H C A N D L E S T I C K ( W E E K L Y ) 4. 3.75 3.5 3.25 3. 2.75 2.5 2.25 2. 1.75 1.5 1.25 Noble Energy agrees to develop Alen field s natural gas offshore Equatorial Guinea A U.S. Shale Gas Cargo Is Heading to Israel for the First Time and EGLNG s liquefied natural gas (LNG) plant. Sanction of the project is contingent upon final commercial agreements being executed. Gary W. Willingham, Noble Energy s executive vicepresident, operations, said the agreement is a step toward producing a substantial amount of gas from the Alen field through existing infrastructure on Bioko Island. This project will transform the Alen platform into an offshore hub for potential development of additional gas fields nearby. First production is anticipated early in the next decade. Existing production and processing facilities in place at the Alen platform and in Punta Europa require only minor modifications to produce and process Alen gas. The agreement contemplates construction of a 65-km pipeline to transport gas from Alen platform to Punta Europa. For more on this story visit ogj.com or click https://bit.ly/2izybhs A U.S. Shale Gas Cargo Is Heading to Israel for the First Time Bloomberg reported: Israel is about to receive a cargo of U.S. liquefied natural gas, the first to arrive in the Middle Eastern nation from America s shores since exports began in 216. The vessel British Diamond, beneficially owned by BP Plc, is set to arrive at Israel s Hadera import terminal on May 27 after departing Cheniere Energy Inc. s Sabine Pass in Louisiana on May 3, ship tracking data compiled by Bloomberg show. Most cargoes to Hadera have come from Trinidad and Tobago, which also ships to the U.S. For more on this story visit lex18.com or click https:// bloom.bg/2rdcuas Prompt Natural Gas (NG) Daily Sentiment BULLISH RESISTANCE 2.84 & 2.89 SUPPORT 2.74 & 2.67 Trading Summary NATURAL GAS Futures Close Change NG 2.814.77 Volume 349,691 227,585 Open Int. 1,463,95 9,282 CRUDE AND GASOLINE Futures Close Change Crude 71.36.22 RBOB 2.189.217 Crude/NG 25.36 (.63) METALS Futures Close Change Gold 1,32.8 EQUITIES Exchange Close Change DOW 24,739.53 196.99 S&P 5-86.77 25.28 CURRENCY Currency Close Change EUR/USD 1.1949.34 USD/CND 1.245 (.1) Contact Us Mansfield Energy Corp 125 Airport Pkwy Gainesville, GA 351 www.mansfield.energy info@mansfieldoil.com Phone: (8) 695-6626
1 1 -.2 -.4 -.6 -.8-1 -1.2-1.4-1.6-1.8-2 Waha Basis (platts Iferc) 5/1/218 5/3/218 4/1/218 Month: May 218 Day Price Day Price 1 67.25 16 2 67.93 17 3 68.43 18 4 69.72 19 5 2 6 21 7 7.73 22 8 69.6 23 9 71.14 24 1 71.36 25 11 26 12 27 13 28 14 29 15 3 31 Average (May) 69.4525 (through 5/1/218) Average (Apr) Average (Mar) 66.3252 62.7719 N A T U R A L G A S B A S I S F U T U R E S, H E N R Y H U B S P O T P R I C E S, A N D F O R W A R D C U R V E CME NG Option Prices ATM Call CME NG Option Prices ATM Put 1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 5.75 5.25 4.75 4.25 3.75 3.25 2.75 2.25 Henry Hub Daily Spot Price MAY 218 APR 218 MAR 218.3.5-1.5-1.3-1.1 -.9 -.7 -.5 -.3 -.1.1 Sumas Basis (platts Iferc) 4.25 3.75 3.25 2.75 2.25 1.75 NYMEX Natural Gas Forward Curve 11/1/218 9/1/219 7/1/22 1 5/1/221 1/1/221 3/1/222 8/1/222 1/1/223 6/1/223 11/1/223 4/1/224 9/1/224 2/1/225 7/1/225 12/1/225 5/1/226 1/1/226 1 1 1 1 -.5 -.1 -.15 -.2 -.25 -.3 -.35 -.4 -.45 -.5 Michcon Basis (platts Iferc) 5/1/218 5/3/218 4/1/218 5/1/218 5/3/218 4/1/218 5. 4. 3. 2. 1.. -1. 1 1. -.2 -.4 -.6 -.8-1. -1.2-1.4 San Juan Basis (platts Iferc) Transco Zone 6 Basis (platts Iferc) 5/1/218 5/3/218 4/1/218 1 1 1 1 -.1 -.2 -.3 -.4 -.5 -.6 Transco Zone 4 Basis (platts Iferc) 5/1/218 5/3/218 4/1/218 Month Strike Close Imp Vol Jul-18 Aug-18 2.8.11 22.5 Sep-18 Oct-18 Nov-18 Month Strike Close Imp Vol Jul-18 Aug-18 2.8.65 18.7 Sep-18 Oct-18 Nov-18 5/1/218 5/3/218 4/1/218 5/1/218 5/3/218 4/1/218 NYMEX WTI Delivery Month Average ($/bbl) (Excluding Weekends and Holidays) Page 2
W E E K L Y G A S I N U N D E R G R O U N D S T O R A G E W I T H 5 - Y R R A N G E Release Date: April 25, 218 O B S E R V E D S N O W D E P T H Rig Count Report Date: May 4, 218 Total Change US - 132 +11 CN - 86 +1 EIA Weekly NG Storage Actual and Surveys for May 11, 218 Released May 1, 218 Range (13) to (124) PIRA (92) Citi Futures (89) Reuters (95) EIA ACTUAL 89 Total Working Gas In Storage 1,432 BCF 89 BCF (LAST WEEK) (863) BCF (LAST YEAR) (52) BCF (5-YR AVG) 2 4 H O U R S N O W F A L L F O R E C A S T U.S. Natural Gas Supply Gas Week 5/3 5/9 Average daily values (BCF/D): Last Year (BCF/d) Dry Production +71. Total Supply +77.5 Last Week (BCF/d) Dry Production +79.8 Total Supply +85.7 [NEXT REPORT ON May 17] U.S. Natural Gas Demand Gas Week 5/3 5/9 Average daily values (BCF/D): Last Year (BCF/d) Power +22.5 Total Demand +7.3 Last Week (BCF/d) Power +22.3 Total Demand +71.9 [NEXT REPORT ON May 17] Page 3
W E A T H E R H I G H / L O W T E M P E R A T U R E S A T U R D A Y HIGH Temperature LOW Temperature W E A T H E R H I G H / L O W T E M P E R A T U R E S U N D A Y HIGH Temperature LOW Temperature W E A T H E R H I G H / L O W T E M P E R A T U R E M O N D A Y HIGH Temperature LOW Temperature Page 4
W E A T H E R 6 T O 1 D A Y O U T L O O K N O A A Temperature Precipitation W E A T H E R 8 T O 1 4 D A Y O U T L O O K N O A A Temperature Precipitation W E A T H E R 3 D A Y O U T L O O K N O A A Temperature Precipitation Page 5
1 1 7/1/218 9/1/218 11/1/218 1/1/219 3/1/219 5/1/219 7/1/219 9/1/219 1 1 7/1/218 9/1/218 11/1/218 1/1/219 3/1/219 5/1/219 7/1/219 9/1/219 E T H A N E F U T U R E S, N G / E T H A N E R A T I O, P R O P A N E F U T U R E S, A N D T H E F R A C S P R E A D.33.31.29.27.25.23.21.19.17.15 Ethane Futures 1.7 Ethane / Natural Gas Ratio 1.6 1.5 1.4 1.3 1.2 1.1 1..9.8 CME Future Prices Ethane (C2) Non-LDH Mont Belvieu (cents/gallon) Jun-18.258 (.) Jul-18.258 (.) Aug-18.258 (.) Sep-18.259 (.) Oct-18.26 (.) Nov-18.259 (.1) Dec-18.261 (.1) Jan-19.262 (.1) Feb-19.265. Mar-19.266.1 Apr-19.266.2 May-19.263.2.95.9.85.8.75.7.65.6.55.5.45 5/1/218 5/3/218 4/1/218 Propane Futures 5/1/218 5/3/218 4/1/218 5.5 5. 4.5 4. 3.5 3. 2.5 2. 5/1/218 5/3/218 4/1/218 Frac Spread 5/1/218 5/3/218 4/1/218 1YR Strip.261. CME Future Prices Propane (C3) Non-LDH Mont Belvieu (cents/gallon) Jun-18.885.5 Jul-18.879.9 Aug-18.873.9 Sep-18.871.9 Oct-18.872.8 Nov-18.872.8 Dec-18.871.7 Jan-19.87.7 Feb-19.861.7 Mar-19.843.6 Apr-19.783.7 May-19.733.6 1YR Strip.851.7 Page 6
7/1/218 11/1/218 3/1/219 7/1/219 11/1/219 3/1/22 7/1/22 11/1/22 3/1/221 7/1/221 11/1/221 3/1/222 7/1/222 11/1/222 3/1/223 7/1/223 11/1/223 3/1/224 11/1/218 9/1/219 7/1/22 1 5/1/221 1/1/221 3/1/222 8/1/222 1/1/223 6/1/223 11/1/223 4/1/224 9/1/224 2/1/225 7/1/225 12/1/225 5/1/226 1/1/226 7/1/218 11/1/218 3/1/219 7/1/219 11/1/219 3/1/22 7/1/22 11/1/22 3/1/221 7/1/221 11/1/221 3/1/222 7/1/222 11/1/222 3/1/223 7/1/223 11/1/223 3/1/224 7/1/224 11/1/224 3/1/225 Prompt WTI (CL) Crude Daily Sentiment BULLISH RESISTANCE 71.98 & 72.6 SUPPORT 7.65 & 69.94 FOLLOW US ON TWITTER: @MPG_NatGasNews NYMEX Brent (BZ) Futures Jul-18 77.47.26 Aug-18 77.24.31 Sep-18 76.81.37 Oct-18 76.33.42 Nov-18 75.84.44 Dec-18 75.32.45 Jan-19 74.84.47 Feb-19 74.34.49 Mar-19 73.84.51 Apr-19 73.36.53 May-19 72.84.52 Jun-19 72.32.51 Jul-19 71.87.51 Aug-19 71.4.5 Sep-19 7.9.5 Oct-19 7.43.49 Nov-19 69.96.49 Dec-19 69.43.48 Jan-2 68.99.48 Feb-2 68.59.47 Mar-2 68.19.46 Apr-2 67.81.45 May-2 67.43.44 Jun-2 67.5.43 1YR Strip 75.5.44 218 76.5.38 5YR Strip 66.33.42 B R E N T C R U D E F O R W A R D C U R V E 75 7 65 6 55 5 45 5/1/218 5/3/218 4/1/218 W T I C R U D E F O R W A R D C U R V E 75 7 65 6 55 5 45 4 WTI B R E N T S P R E A D (1) (2) (3) (4) (5) (6) (7) (8) (9) (1) 5/1/218 5/3/218 4/1/218 5/1/218 5/3/218 4/1/218 FRAC Spread Specifications Ethane : 42% Propane: 28% Butane: 11% 66,5 btu/g 9,83 btu/g 12,916 btu/g Iso-Butane: 6% 98,935 btu/g Natural Gasoline: 13% 115,21 btu/g Prompt NGL Futures ($/gallon) Jun-18 Butane Iso-Butane Nat Gasoline Close Change 1.8.12 1.99.33 1.629.6 NYMEX WTI (CL) Futures Jun-18 71.36.22 Jul-18 71.31.26 Aug-18 71.7.32 Sep-18 7.63.36 Oct-18 7.13.4 Nov-18 69.67.45 Dec-18 69.2.49 Jan-19 68.72.53 Feb-19 68.12.55 Mar-19 67.49.56 Apr-19 66.86.56 May-19 66.24.56 Jun-19 65.62.54 Jul-19 65.1.54 Aug-19 64.41.53 Sep-19 63.85.51 Oct-19 63.33.5 Nov-19 62.83.49 Dec-19 62.35.49 Jan-2 61.84.49 Feb-2 61.36.48 Mar-2 6.91.46 Apr-2 6.49.45 May-2 6.1.44 1YR Strip 69.23.44 218 7.48.36 5YR Strip 59.48.42 Page 7