Story of the Day

Natural Gas Forwards Stabilize as Spring Takes Hold
Forward Look
With mild sunny weather already blanketing much of the country, natural gas forward prices retreated for a second week, although losses were small as brief periods of chilly air were still expected to pop up during the next few weeks. Read More
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Forward Look

March 26, 2019

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Natural Gas Forwards Stabilize as Spring Takes Hold

With mild sunny weather already blanketing much of the country, natural gas forward prices retreated for a second week, although losses were small as brief periods of chilly air were still expected to pop up during the next few weeks.
Summerstrip

Shift to Spring-like Weather Ends Month-long Natural Gas Forwards Rally

After a month of weekly gains, natural gas forward prices slammed the brakes as the latest weather models indicate the end of winter is fast approaching. April forward prices fell an average 7 cents from March 7-13, while May and the summer strip (April-October) each fell less than a nickel, according to NGI’s Forward Look.

3D"Sign

NGI's Bidweek Alert Day 2 - March 26th for April 2019
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 -- -0.0750 to -0.0750
Tennessee Zone 0 South -- -0.0900 to -0.0850
Texas Eastern S. TX -- -0.0975 to -0.0925
Transco Zone 1 -- --
East Texas
Carthage -- -0.1650 to -0.1650
Houston Ship Channel -- 0.0050 to 0.0050
Katy -- --
NGPL TexOk -- -0.1650 to -0.1600
Tennessee Zone 0 North -- --
Texas Eastern E. TX -- --
Transco Zone 2 -- --
West Texas/SE New Mexico
El Paso Permian -0.250 to 1.500 --
El Paso - Keystone Pool -0.200 to 0.450 --
El Paso - Plains Pool 1.350 to 1.500 --
El Paso - Waha Pool -0.250 to 0.250 --
Transwestern 0.000 to 0.120 --
Transwestern - Central -- --
Transwestern - W. TX 0.000 to 0.120 --
Waha -0.500 to 0.450 --
Midwest
Alliance -- --
ANR ML7 -- --
Chicago Citygate 2.710 to 2.710 -0.0800 to -0.0300
Chicago - Nicor Gas -- -0.0800 to -0.0800
Chicago - NIPSCO 2.710 to 2.710 -0.0800 to -0.0300
Chicago - North Shore -- --
Chicago - Peoples -- --
Consumers Energy -- -0.0600 to -0.0250
Dawn -- -0.0425 to -0.0275
Emerson -- -0.2450 to -0.2300
Joliet -- --
Lebanon -- --
Michigan Consolidated -- -0.0850 to -0.0700
NGPL Amarillo Mainline -- --
Parkway/Union -- -0.0300 to -0.0300
REX Zone 3 Delivered -- -0.1500 to -0.1350
REX into ANR - Shelby -- -0.1500 to -0.1350
REX into MGT - Edgar -- --
REX into NGPL - Moultrie -- --
REX into PEPL - Putnam -- --
REX into Trunk - Douglas -- --
Midcontinent
ANR SW 2.270 to 2.300 --
Enable East -- --
Enable West -- --
NGPL Midcontinent 2.230 to 2.230 -0.5000 to -0.5000
Northern Border Ventura -- --
Northern Natural Demarc 2.520 to 2.520 -0.2475 to -0.2400
Northern Natural Ventura -- -0.2250 to -0.2250
OGT 2.000 to 2.100 -0.7000 to -0.6000
Panhandle Eastern 2.150 to 2.200 -0.5650 to -0.5300
Southern Star 2.350 to 2.350 --
North Louisiana/Arkansas
Perryville -- -0.1100 to -0.1100
Texas Eastern, M1, 24 -- --
Texas Gas Zone 1 -- -0.1450 to -0.1375
Trunkline Zone 1A -- -0.1550 to -0.1450
South Louisiana
ANR SE -- --
Columbia Gulf Mainline -- -0.1650 to -0.1600
Columbia Gulf onshore -- -0.1100 to -0.1100
Florida Gas Zone 2 -- --
Henry Hub -- -0.0025 to -0.0025
Southern Natural -- -0.0650 to -0.0575
Tennessee Line 500 -- -0.0650 to -0.0625
Tennessee Line 800 -- -0.1000 to -0.0975
Texas Eastern E. LA -- -0.1400 to -0.1300
Texas Eastern W. LA -- --
Texas Gas Zone SL -- -0.1200 to -0.1200
Transco Zone 3 -- -0.0525 to -0.0400
Trunkline E. LA -- --
Trunkline W. LA -- --
Southeast
FGT Citygate -- --
Florida Gas Zone 3 -- -0.0100 to 0.0100
Texas Eastern M-1, 30 -- --
Transco Zone 4 -- -0.0525 to -0.0500
Transco Zone 5 -- 0.0100 to 0.0250
Transco Zone 5 North -- --
Transco Zone 5 South -- 0.0100 to 0.0250
Appalachia
Columbia Gas -- -0.2375 to -0.2250
Dominion North -- -0.3000 to -0.2900
Dominion South -- -0.3100 to -0.2725
Leidy Hub -- --
Millennium East Pool -- -0.3500 to -0.3500
Tenn Zone 4 200L -- -0.1900 to -0.1700
Tennessee Zn 4 313 Pool -- -0.2000 to -0.1800
Tennessee Zn 4 Marcellus -- -0.3800 to -0.3550
Texas Eastern M-2, 30 Delivery -- --
Texas Eastern M-2, 30 Receipt -- -0.3300 to -0.2850
Texas Eastern M-3, Delivery -- -0.2300 to -0.2000
Texas Eastern M-3, Receipt -- --
Transco-Leidy Line -- -0.3000 to -0.2700
Northeast
Algonquin Citygate -- 0.2475 to 0.2500
Algonquin Citygate (non-G) -- 0.2475 to 0.2500
Algonquin Receipts -- --
Iroquois Zone 2 -- 0.1200 to 0.1200
Iroquois, Waddington -- 0.0500 to 0.0800
Niagara -- -0.0800 to -0.0800
Tenn Zone 5 200L -- --
Tenn Zone 5 200L East -- --
Tenn Zone 5 200L West -- --
Tenn Zone 5 300L -- --
Tenn Zone 6 200L -- 0.2200 to 0.2200
Tenn Zone 6 200L North -- --
Tenn Zone 6 200L South -- 0.2200 to 0.2200
Tenn Zone 6 300L -- --
Transco Zone 6 non-NY -- -0.2300 to -0.1750
Transco Zone 6 non-NY North -- -0.2300 to -0.1750
Transco Zone 6 non-NY South -- --
Transco Zone 6 NY -- -0.1500 to -0.1500
Rocky Mountains
Cheyenne Hub 2.250 to 2.290 --
CIG 2.250 to 2.280 --
CIG DJ Basin -- --
El Paso Bondad -- --
El Paso San Juan 1.400 to 1.800 --
Kern River 2.465 to 2.570 --
Kingsgate -- --
Northwest S. of Green River 2.270 to 2.325 --
Northwest Sumas 2.630 to 2.750 --
Northwest Wyoming Pool -- --
Opal 2.410 to 2.590 --
Questar -- --
Stanfield 2.550 to 2.580 --
Transwestern San Juan -- --
White River Hub 2.350 to 2.400 --
Arizona/Nevada
El Paso S. Mainline/N. Baja -- --
Kern Delivery 2.920 to 3.150 --
California
Malin 2.530 to 2.660 --
PG&E Citygate 3.650 to 3.710 --
SoCal Citygate 4.190 to 4.400 --
Southern Border, PG&E 1.600 to 2.000 --
Southern Border, SoCal 1.750 to 3.100 --
SoCal Border Avg. 1.750 to 3.100 --
SoCal Border - Blythe -- --
SoCal Border - Ehrenberg 1.750 to 2.080 --
SoCal Border - Kern River Station 3.000 to 3.000 --
SoCal Border - Kramer 2.980 to 3.100 --
SoCal Border - Needles -- --
SoCal Border - Topock -- --
SoCal Border - Wheeler Ridge -- --
Canada
Alliance (APC) - ATP -- --
Empress 2.690 to 2.790 --
NOVA/AECO C 1.320 to 1.390 --
Westcoast Station 2 0.775 to 0.870 --
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.