El Paso San Juan Bidweek Natural Gas Price Snapshot
Location
El Paso San Juan
Pointcode
RMTEPSJ
Region
Rocky Mountains
Avg. Price
x.xxx
D/D Change
x.xxx
Range
x.xxx
Volume
x.xxx
Deals
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Want Historical Data? Check out NGI's Historical Data Download Tool. NGI offers Daily, Weekly, Bidweek, Forwards, Mexico, and MidDay Price History Data at over 200 hubs/locations back as far as 1988.
Incudes deliveries into El Paso Natural Gas Co. LLC’s Blanco, Bondad and Rio Vista pools of the region El Paso calls the San Juan Basin. These areas lie primarily within San Juan and McKinley counties in New Mexico. More specifically, NGI’s index includes transactions just south of the Bondad Compressor Station at the CO/NM border to the Window Rock Station at the AZ/NM border. NGI also includes the small lateral between the Valve City and the Bluewater compressor stations. Note: NGI changed the name of this index from El Paso Non-Bondad to El Paso San Juan in November 2018, but the point description did not change.
Natural gas prices at key hubs near the Gulf Coast traded mostly sideways during the first day of bidweek trading on Tuesday. Production moved lower and storage surpluses narrowed, but forecasts pointed to a powerful hurricane impacting the region this week.
October Nymex natural gas futures fluctuated between gains and losses Tuesday before turning lower as profit taking, hurricane risks and middling demand choked off some of the rocket fuel powering the previous three days’ nearly 33.0-cent run higher.
October Nymex natural gas futures floated from gains to losses during Tuesday afternoon trading. The market was caught between prospects of significant demand destruction and production shut-ins as Tropical Storm Helene formed over the Caribbean. Cash prices were mixed by varied demand.
Nearly a dozen market participants announced a series of deals at Gastech 2024 in Houston last week, landing more than 5 million metric tons/year (mmty) of global LNG export and import capacity as supplies are forecast to grow through the end of the decade.
The October natural gas futures contract flew higher on Monday, building on the prior week’s rally and remaining comfortably above a key technical threshold. It settled at $2.613/MMBtu, up 17.9 cents day/day. This followed back-to-back gains to close out last week.
