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Natural Gas Supply Hubs Lead Declines as May Forwards Fall on Spring Temps, Producer Selling
Forward Look
May natural gas forward prices fell an average 9 cents from April 13-19 as rising temperatures, declining demand and robust dry gas production wreaked havoc on the market, according to NGI’s Forward Look. Read More
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Forward Look

April 25, 2018

May-2018-to-Dec-2021-Waha-Forward-Basis-Curves-and-Monthly-Permian-NatGas-Production-20180420-v2

Natural Gas Supply Hubs Lead Declines as May Forwards Fall on Spring Temps, Producer Selling

May natural gas forward prices fell an average 9 cents from April 13-19 as rising temperatures, declining demand and robust dry gas production wreaked havoc on the market, according to NGI’s Forward Look.
EIAStorage04061

May Natural Gas Holds Steady as Production, Storage Battle Continues

Average natural gas prices for May failed to budge between April 6 and 12 as strong dry gas production in the Lower 48 continues to duke it out with ever-growing storage deficits, according to NGI’s Forward Look.

3D"Sign

NGI's Bidweek Alert Day 1 - April 24th for May 2018
For more detailed information please download the Excel data file
FIXED RANGE BASIS RANGE
South Texas
Agua Dulce -- --
Florida Gas Zone 1 -- --
NGPL S. TX -- --
Tennessee Zone 0 South -- -0.1175 to -0.1175
Texas Eastern S. TX -- --
Transco Zone 1 -- --
East Texas
Carthage -- --
Houston Ship Channel -- 0.09 to 0.10
Katy -- --
NGPL TexOk -- --
Tennessee Zone 0 North -- --
Texas Eastern E. TX -- -0.105 to -0.105
Transco Zone 2 -- --
West Texas/SE New Mexico
El Paso Permian 1.18 to 1.25 --
Transwestern 1.46 to 1.46 --
Waha 1.28 to 1.32 --
Midwest
Alliance -- --
ANR ML7 -- --
Chicago Citygate 2.56 to 2.63 --
Chicago - Nicor Gas 2.57 to 2.62 --
Chicago - NIPSCO 2.61 to 2.63 --
Chicago - North Shore -- --
Chicago - Peoples 2.56 to 2.60 --
Consumers Energy -- -0.09 to -0.08
Dawn -- -0.095 to -0.08
Emerson -- -0.325 to -0.30
Joliet -- --
Lebanon -- --
Michigan Consolidated -- -0.14 to -0.1175
NGPL Amarillo Mainline -- --
Parkway/Union -- --
REX into ANR - Shelby -- --
REX into MGT - Edgar -- --
REX into NGPL - Moultrie -- --
REX into PEPL - Putnam -- --
REX into Trunk - Douglas -- --
Midcontinent
ANR SW -- -0.77 to -0.77
Enable East -- -0.31 to -0.31
Enable West -- --
NGPL Midcontinent -- --
Northern Border Ventura -- --
Northern Natural Demarc 2.12 to 2.16 --
Northern Natural Ventura -- --
OGT -- --
Panhandle Eastern -- -0.75 to -0.75
Southern Star -- --
North Louisiana/Arkansas
Perryville -- --
Texas Eastern, M1, 24 -- --
Texas Gas Zone 1 -- -0.1475 to -0.1475
Trunkline Zone 1A -- -0.1825 to -0.18
South Louisiana
ANR SE -- -0.13 to -0.1225
Columbia Gulf Mainline -- -0.145 to -0.1425
Columbia Gulf onshore -- --
Florida Gas Zone 2 -- --
Henry Hub -- --
Southern Natural -- -0.06 to -0.0575
Tennessee Line 500 -- -0.06 to -0.06
Tennessee Line 800 -- -0.075 to -0.075
Texas Eastern E. LA -- -0.08 to -0.0775
Texas Eastern W. LA -- --
Texas Gas Zone SL -- --
Transco Zone 3 -- -0.04 to -0.04
Trunkline E. LA -- --
Trunkline W. LA -- --
Southeast
FGT Citygate -- --
Florida Gas Zone 3 -- --
Texas Eastern M-1, 30 -- --
Transco Zone 4 -- -0.035 to -0.035
Transco Zone 5 -- 0.0475 to 0.05
Transco Zone 5 North -- --
Transco Zone 5 South -- 0.0475 to 0.05
Appalachia
Columbia Gas -- -0.2175 to -0.20
Dominion North -- --
Dominion South -- -0.5075 to -0.48
Leidy Hub -- --
Millennium East Pool -- -0.80 to -0.79
Tenn Zone 4 200L -- -0.2975 to -0.29
Tennessee Zn 4 313 Pool -- --
Tennessee Zn 4 Marcellus -- -0.835 to -0.83
Texas Eastern M-2, 30 Delivery -- --
Texas Eastern M-2, 30 Receipt -- -0.54 to -0.54
Texas Eastern M-3, Delivery -- --
Texas Eastern M-3, Receipt -- --
Transco-Leidy Line -- -0.80 to -0.79
Northeast
Algonquin Citygate -- --
Algonquin Citygate (non-G) -- --
Algonquin Receipts -- --
Iroquois Zone 2 -- -0.15 to -0.15
Iroquois, Waddington -- --
Niagara -- --
Tenn Zone 5 200L -- --
Tenn Zone 5 300L -- --
Tenn Zone 6 200L -- --
Tenn Zone 6 300L -- --
Transco Zone 6 non-NY -- -0.21 to -0.21
Transco Zone 6 non-NY North -- -0.21 to -0.21
Transco Zone 6 non-NY South -- --
Transco Zone 6 NY -- -0.205 to -0.20
Rocky Mountains
Cheyenne Hub -- --
CIG -- --
CIG DJ Basin -- --
El Paso Bondad -- --
El Paso non-Bondad 1.66 to 1.73 --
Kern River -- --
Kingsgate -- --
Northwest S. of Green River -- --
Northwest Sumas 1.78 to 1.79 --
Northwest Wyoming Pool -- --
Opal 1.90 to 1.92 --
Questar -- --
Stanfield -- --
Transwestern San Juan 1.75 to 1.77 --
White River Hub -- --
Arizona/Nevada
El Paso S. Mainline/N. Baja -- --
Kern Delivery 2.01 to 2.05 --
California
Malin 1.92 to 1.94 --
PG&E Citygate 2.61 to 2.65 --
SoCal Citygate 2.97 to 3.00 --
Southern Border, PG&E 1.85 to 1.85 --
Southern Border, SoCal 2.00 to 2.03 --
SoCal Border Avg. 2.00 to 2.03 --
Canada
Empress -- --
NOVA/AECO C 0.76 to 0.79 --
Westcoast Station 2 -- --
NOTE: Both the buy and the sell side of transactions are counted in this table, as they are in NGI’s daily, weekly and bidweek natural gas price tables, a standard practice which supports consistency and uniformity across products as explained in our price methodology.




Forward Look prices are in U.S.$/MMBtu for all points including those in Canada. "Fixed Price" represents 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 info@natgasintel.com.