Gulf Coast | AEGIS Hedging Solutions, LLC

August 14, 2020

U.S. LNG Export Capacity Continues to Grow

Liquefaction trains brought online by Cheniere, Freeport LNG, and Elba Island LNG have helped grow U.S. export capacity by nearly 1.5 Bcf/d this summer. Global LNG demand has been hit…

Nick Hillman

Love0

Blog Natural Gas Popular

August 13, 2020

US Exports to Mexico Reach Record-Highs; “Wahalajara” System Nears Commercial Operations

U.S. exports to Mexico have touched record highs multiple times over the last 30 days, as flows through the West Texas corridor have been buoyed by the completion of pipelines…

Nick Hillman

Love0

Blog Natural Gas

August 7, 2020

Haynesville/East Texas 2021 Basis May Improve

Unless production rises, next year's supply-demand balance should be at least as good as this year's. Haynesville and East Texas gas basis has moved higher – to a smaller discount…

Matt Marshall

Love0

Blog Oil Popular

July 31, 2020

Midland Differentials Are Back to Normal, but Some Risk Remains

Our models predict a small premium to Cushing, but only if bottlenecks don’t emerge. After a shake-up this spring, Midland’s price differential to Cushing (Mid-Cush) is back to its pre-March…

Matt Marshall

Love0

Blog Natural Gas

June 5, 2020

Is Waha Basis as Good as It Can Get? (Video)

It's a good time to hedge some Waha gas, as forward markets are near three-year highs. Waha basis has been better in the past, but the network of basis prices…

Matt Marshall

Love0

Blog Oil

May 8, 2020

Is the Crude Oil S&D Turning Around at the 11th Hour? (Video)

Demand is still low, but shut-ins and reduced imports are rapidly solving the problem. Instead of a June problem with storage limits, we may have bought ourselves another month. Commercial…

Matt Marshall

Love0

Blog Natural Gas

May 1, 2020

LNG Demand Loss Is Becoming a Larger Summer Risk (Video)

Perhaps 25 LNG cargoes, originally expected for June loading in the US, may be canceled. We explore the market impact in this short video update. Summer prices have risen recently,…

Matt Marshall

Love0

Blog Natural Gas

April 24, 2020

Kinder’s Permian Highway Pipeline Has Some Permits Rescinded

AEGIS View: If Permian Highway Pipeline is delayed, takers of Waha basis pricing should look at 1Q2021 hedges. Source article (opens in new tab): Permian Highway Pipeline Hits Roadblock As…

Matt Marshall

Love0

Blog Oil

April 21, 2020

Inland Crude Prices Remain Weaker Than Cushing

Spot crude oil prices in the Bakken and Rockies lag behind Cushing, Midland, and Houston. The chart below shows various regional crude prices through April 21. Rockies and Bakken prices…

Matt Marshall

Love0