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Northeast Natural Gas Forwards Markets Post Steep Declines As Winter Chill Eases
Forward Look
February natural gas forward prices enjoyed a wild ride between Jan. 12 and 18 as shifting weather sentiment, a surprise storage report and returning production left the benchmark Henry Hub down only a penny but Northeast markets down as much as 86 cents, according to NGI’s Forward Look. Read More
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Forward Look

January 22, 2018

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Northeast Natural Gas Forwards Markets Post Steep Declines As Winter Chill Eases

February natural gas forward prices enjoyed a wild ride between Jan. 12 and 18 as shifting weather sentiment, a surprise storage report and returning production left the benchmark Henry Hub down only a penny but Northeast markets down as much as 86 cents, according to NGI’s Forward Look.
February-2018-NYMEX-Natural-Gas-Futures-Contract-20180112

February Natural Gas Forward Prices Surge Amid Persistent Cold, Record Storage Draw

Unrelenting cold and a record-by-a-long-shot natural gas storage withdrawal sent February gas prices up an average 46 cents from Jan. 5 to 11, with New England markets surging more than $2.00 and Northeast markets up more than $1.00 as bitter conditions are expected to remain in the region for at least another week, according to NGI’s Forward Look.

3D"Sign

NGI's Bidweek Alert Day 5 - December 29 for January 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 -- -0.07 to -0.07
Tennessee Zone 0 South -- -0.12 to -0.12
Texas Eastern S. TX -- -0.08 to -0.08
Transco Zone 1 -- -0.06 to -0.05
East Texas
Carthage -- -0.13 to -0.13
Houston Ship Channel 2.62 to 2.69 --
Katy -- --
NGPL TexOk 2.57 to 2.57 -0.175 to -0.165
Tennessee Zone 0 North -- --
Texas Eastern E. TX -- --
Transco Zone 2 -- --
West Texas/SE New Mexico
El Paso Permian 2.11 to 2.62 --
Transwestern 2.27 to 2.35 --
Waha 2.29 to 2.31 --
Midwest
Alliance -- --
ANR ML7 -- --
Chicago Citygate 2.79 to 3.79 --
Chicago - Nicor Gas 2.86 to 3.59 --
Chicago - NIPSCO 2.79 to 3.79 --
Chicago - North Shore -- --
Chicago - Peoples 3.04 to 3.54 --
Consumers Energy -- 0.035 to 0.06
Dawn 3.40 to 3.78 0.19 to 0.35
Emerson -- 0.12 to 0.28
Joliet -- --
Lebanon -- -0.10 to -0.095
Michigan Consolidated 2.85 to 3.00 -0.065 to -0.04
NGPL Amarillo Mainline -- --
Parkway/Union -- --
REX into ANR - Shelby -- -0.0925 to -0.0875
REX into MGT - Edgar -- -0.09 to -0.09
REX into NGPL - Moultrie -- -0.09 to -0.09
REX into PEPL - Putnam -- -0.095 to -0.095
REX into Trunk - Douglas -- --
Midcontinent
ANR SW 2.38 to 2.87 -0.29 to -0.27
Enable East 2.77 to 2.77 -0.20 to -0.20
Enable West -- --
NGPL Midcontinent 2.34 to 2.40 --
Northern Border Ventura -- --
Northern Natural Demarc 2.70 to 3.20 0.03 to 0.04
Northern Natural Ventura 2.87 to 5.00 --
OGT 2.53 to 2.60 -0.55 to -0.55
Panhandle Eastern 2.32 to 2.82 -0.345 to -0.34
Southern Star 2.38 to 2.81 --
North Louisiana/Arkansas
Perryville -- --
Texas Eastern, M1, 24 -- --
Texas Gas Zone 1 -- -0.12 to -0.11
Trunkline Zone 1A -- -0.12 to -0.12
South Louisiana
ANR SE -- -0.095 to -0.085
Columbia Gulf Mainline -- -0.135 to -0.1175
Columbia Gulf onshore -- --
Florida Gas Zone 2 -- --
Henry Hub -- 0.0025 to 0.005
Southern Natural -- -0.0675 to -0.06
Tennessee Line 500 -- -0.065 to -0.06
Tennessee Line 800 -- -0.0875 to -0.0825
Texas Eastern E. LA -- -0.095 to -0.07
Texas Eastern W. LA -- --
Texas Gas Zone SL -- --
Transco Zone 3 -- -0.025 to -0.01
Trunkline E. LA -- --
Trunkline W. LA -- --
Southeast
FGT Citygate -- --
Florida Gas Zone 3 -- -0.0225 to -0.02
Texas Eastern M-1, 30 -- --
Transco Zone 4 -- -0.0325 to 0.00
Transco Zone 5 -- 2.30 to 3.15
Transco Zone 5 North -- --
Transco Zone 5 South -- 2.30 to 3.15
Appalachia
Columbia Gas -- -0.24 to -0.19
Dominion North -- -0.475 to -0.455
Dominion South -- -0.48 to -0.435
Leidy Hub -- --
Millennium East Pool -- -0.50 to -0.44
Tenn Zone 4 200L -- -0.24 to -0.125
Tennessee Zn 4 313 Pool -- --
Tennessee Zn 4 Marcellus -- -0.62 to -0.57
Texas Eastern M-2, 30 Delivery -- --
Texas Eastern M-2, 30 Receipt -- -0.485 to -0.445
Texas Eastern M-3, Delivery -- 1.70 to 2.80
Texas Eastern M-3, Receipt -- --
Transco-Leidy Line -- -0.53 to -0.45
Northeast
Algonquin Citygate -- 8.50 to 10.25
Algonquin Citygate (non-G) -- 8.50 to 10.25
Algonquin Receipts -- --
Iroquois Zone 2 -- 3.60 to 4.60
Iroquois, Waddington -- 2.22 to 3.10
Niagara -- --
Tenn Zone 5 200L -- --
Tenn Zone 5 300L -- --
Tenn Zone 6 200L -- 9.50 to 9.50
Tenn Zone 6 300L -- --
Transco Zone 6 non-NY -- 2.30 to 3.25
Transco Zone 6 non-NY North -- 2.30 to 3.25
Transco Zone 6 non-NY South -- --
Transco Zone 6 NY -- 4.50 to 5.40
Rocky Mountains
Cheyenne Hub 2.42 to 2.70 --
CIG 2.39 to 2.47 --
CIG DJ Basin 2.25 to 2.34 --
El Paso Bondad -- --
El Paso non-Bondad 2.35 to 2.80 --
Kern River -- --
Kingsgate -- --
Northwest S. of Green River -- --
Northwest Sumas 2.79 to 3.06 --
Northwest Wyoming Pool -- --
Opal 2.51 to 2.80 --
Questar -- --
Stanfield -- --
Transwestern San Juan 2.41 to 2.54 --
White River Hub 2.70 to 2.70 --
Arizona/Nevada
El Paso S. Mainline/N. Baja -- --
Kern Delivery 2.90 to 2.90 --
California
Malin 2.55 to 2.80 --
PG&E Citygate 2.80 to 2.93 --
SoCal Citygate 3.73 to 4.10 --
Southern Border, PG&E -- --
Southern Border, SoCal 2.87 to 3.04 --
SoCal Border Avg. 2.87 to 3.04 --
Canada
Empress -- --
NOVA/AECO C 1.83 to 2.19 --
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.
© Copyright 2017 Intelligence Press, Inc.

Forward Look prices are in U.S.$/MMBtu for all points including those in Canada.



NGI's Natural Gas Forward Basis Prices are 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 info@natgasintel.com.