The vulnerability of the spot market shows why forward hedges are so necessary Waha gas this weekend is negative -49c, and it hasn’t been worth more than a dollar since…
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…
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…
The pipeline builder said it expects PHP to be fully in service in early 2021, despite permitting delays and the current pandemic environment. The Permian Highway Pipeline (PHP) will add another…
Natural Gas prices in the Permian basin for Cal ‘21 have rallied substantially as gas production in the region has slumped. Time to take a look at adding hedges for…
Higher NYMEX prices have led to weakened basis, likely because of anticipated production growth. Cal ’21 Dominion South basis has traded in a high negative correlation with Cal ’21 NYMEX…
A huge build-out in wind and solar this year threatens power-generation demand. New wind farms will add 16 GW of capacity, and solar, 8 GW, compared to just 4 GW…
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…
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…
Update: On Thursday April 23, Hays county rescinded country road permits which allowed Kinder Morgan to install its Permian Highway Pipeline(PHP) pipeline is discussed further down in this article. Link…