Daily, Weekly and Bidweek Prices are in U.S.$/MMBtu except for locations in the Canada section which are in Cdn$/GJ. The deals column represents the number of transaction reports used by NGI in the calculation of the price and the volume column, while the sum of the volume of those deals, in thousand MMBtus/day. For more information, please see NGI's Price Methodology.
Forward 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 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 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 cash and futures reversed roles from Tuesday's trading on Wednesday, with the physical market for Thursday delivery plunging and spot June futures easing just a bit. In the physical market only one point followed by NGI made it to positive territory and the NGI National Spot Gas Average fell by 10 cents to $2.93.
Physical natural gas for Tuesday delivery bounded higher in Monday's trading, aided and abetted by a strong screen, pervasive above normal heat on the West Coast and increased seasonal exports to Mexico. Strongest advances were seen in market points serving California and West Coast points, and the NGI National Spot Gas Average added 7 cents to $3.01.
It was a struggle, but for the week ended May 19, weekly natural gas finally huffed and puffed its way to $3 with individual market points generally trading within a nickel of unchanged. A spring heat wave in New England provided much of the impetus for prices to clear the $3 barrier, and the NGI Weekly Spot Gas Average rose 3 cents to $3.00.
Prices eased for weekend and Monday physical natural gas deliveries, with weather-driven moderation at Northeast, Southeast, and Appalachia points staving off strong pricing in Texas, the Midwest, and Louisiana. The NGI National Spot Gas Average lost two cents to $2.94.
Natural gas cash for delivery Friday worked lower in Thursday trading ahead of the Energy Information Administration inventory report as next-day temperature forecasts showed a precipitous drop for eastern market points currently under an oppressive heat wave.
At first glance it might look like physical gas trading for Thursday delivery was a quiet affair as the NGI National Spot Gas Average slipped 2 cents to $3.00. That average, however, was comprised of large weather driven gains sending Northeast quotes up by double digits and broader losses of about a nickel strewn across Louisiana, Texas, the Southeast, and California.
Physical natural gas for delivery Tuesday showed little change in Monday trading as outage-driven gains in the Northeast coupled with strength in West Texas were able to balance weak pricing in Appalachia and the Midcontinent. The NGI National Spot Gas Average was up 2 cents to $3.08.
Natural Gas Intelligence (NGI), is a leading provider of natural gas, shale news and market information for the deregulated North American natural gas industry. Since the first issue of Natural Gas Intelligence was published in 1981, NGI has provided key pricing and data relied upon daily by thousands of industry participants in the U.S, Canada and Mexico as well as Central and South America, Europe and Asia.