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Northern Border Ventura Forward Basis Natural Gas Price Snapshot

Request a trial to access these key seasonal strips as well as monthly prints 10 years out, updated each business day.
Location: Northern Border Ventura
Pointcode: MCWNBVENT
May-24: x.xxx
Jun-24: x.xxx
Bal Summer: x.xxx
Winter('24/'25): x.xxx
Summer'25: x.xxx
Want Historical Data? Check out Northern Border Ventura in the Historical Data Download Tool. NGI offers Daily, Weekly, Bidweek, Forwards, Mexico, and MidDay Price Data at over 200 hubs/locations back as far as 1988.

Northern Border Ventura Description: Our Northern Border Ventura index captures the value of gas at Ventura, IA that is ticketed for delivery into the Chicago area. As such, it includes receipts from Northern Natural Gas, along with deliveries along its own system at the Ventura Transfer Point. As stated in the Northern Border tariff, "the term 'Transfer Point' shall be used to describe a point on company's system where, for purposes of scheduling and nominations, in-line transfers of gas shall occur from one transportation agreement to another or from a compression agreement or PAL agreement to a transportation agreement." Our index does not include gas traded from Northern Border into Northern Natural Gas.

  • What do forward prices represent?

    Forward prices represent the expected price of gas for each month going out into the future. NGI’s Forward Look prices are modeled based on indicative data obtained from exchanges and other third parties.

  • How should I interpret the above chart?

    The above chart shows a 24-month forward basis curve with monthly granularity. Essentially, it represents the market’s estimate of the selected point’s basis to the CME Henry Hub futures contract for each month, going out two years into the future.

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