Natural Gas
Henry Hub, regional basis, storage, LNG feedgas and power burn.
Non-Thermal Outages Lift Gas Demand In Mid-June
Natural gas usage for power generation has overperformed in June. Is this a preview of what is to come this summer? Let's look at weather first. T...
· Jay Stevens6 min read
AECO Prices Have Been Impressive Lately - How Long Will the Party Last?
AECO prices are the best they have been in the past four years, but the next several months require careful balance of supply vs pipeline availability. ...
· AEGIS Market Analytics4 min read
Feds Force TETCO to Reduce Flow; SW Appalachia Basis Sinks
TETCO announced that the earliest the 30" line pipeline between Kosciusko and Uniontown would be returned to full rates will be late 3Q 2021. Henry Hub prices were lifted late on Thursday, June 10, in after-hours trading. The prompt month July gas contract settled Friday at…
· Jay Stevens3 min read
Waha Prices Higher than Hub, and It Could Continue
The Waha forward curve has dramatically improved over the past year, so much so that certain contract months and the Winter 2021-2022 strip has moved to a ...
· Jay Stevens3 min read
Gas Demand Suffers from Wind, Coal Displacement
A massive renewable build-out in late 2020 and higher regional gas prices are hampering power-generation demand.
· AEGIS Market Analytics2 min read
Waha Basis Summer Contracts Best Since 2016
Natural gas prices in the Permian basin have continued to improve as demand markets in Texas and on the West Coast compete for molecules. Waha basis for Su...
· AEGIS Market Analytics2 min read
Two Haynesville Area Pipeline Projects Due in 2021
The Haynesville Shale play that straddles East Texas and Northwest Louisiana will soon welcome new infrastructure projects to transport natural gas to ever-growing demand markets. Two projects are due online this year, while others won't bring additional egress capacity until Late 2022 or 2023.
· AEGIS Market Analytics2 min read
2021 Gas Market Is Least Supplied of Last Four Years
This year's gas market may be tighter than many realize. So far this winter, we have been depleting inventories at a rapid clip, despite the mild weather i...
· AEGIS Market Analytics2 min read
February Weather Helps End-of-Season Storage Get Back on Track
AEGIS now expects summer storage to start under 1,500 Bcf, the lowest in the last eight years, except for 2014 (polar vortex) and 2019.
· AEGIS Market Analytics2 min read
Frigid Temperatures Cause 5 Bcf/d of Freeze-offs
Widespread cold throughout most of the central U.S. has caused freeze-offs at the wellhead. The sharp drop in production totaled over 5 Bcf/d as of Febru...
· AEGIS Market Analytics1 min read
Strong Prompt Dominion South Basis; Weakness Further Down The Curve
Near-term basis in Southwest Appalachia, such as Dominion South (Dom S), have rallied while most of Cal 2021 and 2022 have continued to falter. Weakness…
· AEGIS Market Analytics2 min read
Gas Demand Threats From Renewables
Natural gas demand from the power sector has been on a long-term growth path as gas has displaced coal Record new solar and wind capacity additions...
· AEGIS Market Analytics1 min read
Another Setback for Mountain Valley Pipeline: Northeast Basis Prices React in 2022+
A surprising split vote by FERC on Tuesday further pushes out the likely start date of the 2.0 Bcf/d outbound pipeline from West Virginia beyond 2021On Tue...
· AEGIS Market Analytics3 min read
Natural Gas Supply-Demand in 2021: EIA's STEO Report Underscores a Tightening Ahead
U.S. Energy Information Administration (EIA) forecasts much higher natural gas prices will be required to keep the market in balance.Let's take
· AEGIS Market Analytics2 min read
Capacity Additions Push January Waha Prices Positive
The prompt-month Waha contract has gone positive for the first time since December 2015. The recent spike in pricing shows the effect of the new Permian…
· AEGIS Market Analytics3 min read
Horrible Day in Natural Gas
The recent price path in natural gas shows that today's trading took values away from a key level that may be important in the near future. In the spirit...
· AEGIS Market Analytics2 min read
Haynesville Production and Activity Are Increasing
Haynesville production has increased over the past few months in response to the rally in Henry Hub prices. Strong basis pricing has increased D&C activity.
· AEGIS Market Analytics2 min read
Weather Has Stymied the Gas Bulls
Early "winter" weather has been disappointing for those with a bullish point of view. Gas prices have cratered since the October highs.
· AEGIS Market Analytics2 min read
Natural Gas Suffers Large Losses Across the Curve
Weather alone can't explain it. After gas storage stats were announced this morning (Thursday, December 3), gas prices remained weak and extended losses ...
· AEGIS Market Analytics3 min read