Midcontinent Regional Avg. Bidweek Natural Gas Price Snapshot

Want Historical Data? Check out Midcontinent Regional Avg. 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.

Midcontinent Regional Avg. Description: The various regional averages (South Texas, West Texas, Appalachia, etc.) are simple averages of average price of each index within the region. However, the volumes and deal counts for regional averages are not a simple sum of the volumes and deals listed in the table, because if we did that, we would double count transactions in other listed indexes. For example, our El Paso Permian index is the sum of the three individual El Paso Keystone, Plains, and Waha pools, so simply totaling the published volumes in the table would double count those three breakout listings. Similarly, we use Alliance deals in both our Alliance and Joliet indexes, so summing those would double count those Alliance trades. Therefore, the way to interpret the total volume and deals figures for each regional average is they are the sum of all the individual transactions used in the various indexes in each section, with each transaction counted only once. The low price for a regional average represents the lowest price of gas traded at published locations within the region rounded down and the high price represents the highest price of gas traded at published locations within the region, rounded up.