Daily, Weekly and Bidweek Prices are in U.S.$/MMBtu except for locations in the Canada section which are in Cdn$/GJ. For more information, please seeNGI's Price Methodology.
NGI's Natural Gas Forward Basis Prices are expressed in U.S.$/MMBtu and based on indicative data obtained from traders, exchanges and deals provided by energy companies. "Fixed Price" represent the forward prices of natural gas delivered for each reference period at the various locations/hubs. "Basis Price" represent the differential, for each reference period, between the Henry Hub and various locations/hubs. The Summer and Winter prices are simple averages of Apr-Oct (7 months) and Nov-Mar (5 months) respectively. "Bal Smr" and "Bal Wtr" prices represent simple averages of the remaining months in those seasonal strips (after at least one month has passed). For daily updates of these natural gas forward basis data in monthly bullets going out 5 years, contact sales at email@example.com.
ANR SE Description
Comprised of transactions within the ANR Southeast Area, including both the Transmission and the Gathering segments of the pipeline. This region includes all onshore and offshore points on ANR Pipeline south of and including the SE Headstation at Eunice, LA. Those points south of Eunice lie along two separate offshore/onshore laterals. Gas from the east lateral comes onshore through the 1.6 Bcf/d Calumet Processing Plant in Saint Mary Parish, LA, while the west lateral shuttles gas from the High Island Offshore System onshore through the Grand Chenier Compressor Station. The two laterals merge at the SE Headstation in Eunice.
Natural gas futures rallied Tuesday as large storage deficits continued to lend support for prices. In the spot market, most regions saw small adjustments on moderating demand this week, while the volatile SoCal Citygate retreated from Monday’s price spike; the NGI National Spot Gas Average added 2 cents to $2.47/MMBtu.
Natural gas futures bulls ran out of steam Tuesday after a string of consecutive daily gains as forecasters were calling for supportive April cold to moderate by next week. Spot prices were mixed, with a few Midwest points strengthening on calls for spring snow as much of the Northeast eased off Monday’s weather-related gains; the NGI National Spot Gas Average dropped 9 cents to $2.92.
Some pleasantly mild temperatures across the Midwest and East Coast resulted in some unpleasant spot price action for natural gas bulls for much of the week ended Friday, though futures mounted a late-week rally thanks to a bullish storage surprise; the NGI Weekly Spot Gas Average fell 16 cents to $2.61/MMBtu.
Natural gas futures closed out the week on a bullish note Friday, with the front month adding close to a nickel on the heels of a larger-than-expected April storage withdrawal. Spot prices surged across the northern United States as forecasters were calling for colder temperatures and even some snow over the weekend; the NGI National Spot Gas Average climbed 17 cents to $2.59/MMBtu.
The Energy Information Administration (EIA) on Thursday reported a natural gas storage withdrawal that was...
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