Agua Dulce Forward Fixed Natural Gas Price Snapshot
Location
Agua Dulce
Pointcode
STXAGUAD
Sep-24
x.xxx
Oct-24
x.xxx
Bal Summer
x.xxx
Winter('24/'25)
x.xxx
Summer'25
x.xxx
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.
The Corpus Christi area has emerged as a center for natural gas exports via both pipeline and LNG, and NGI’s Agua Dulce index reflects this. In addition to the Agua Dulce Hub in Nueces County, TX, itself, NGI’s index also includes a.) the Banquete Hub in Nueces County and b.) transactions into the Corpus Christi Pipeline LP in San Patricio County, TX. As of April 2023, pipeline systems that deliver into or haul gas from the Agua Dulce Hub include the Lobo Pipeline Co. LLC, Eagle Ford Midstream LP, Enterprise Texas Intrastate LLC, Gulf Coast Express LLC, Houston Pipe Line Co. LP, Kinder Morgan Tejas Pipeline LLC, NET Mexico Pipeline, Natural Gas Pipeline Co. of America (NGPL), Tennessee Gas Pipeline Co. LLC (TGP), Texas Eastern Transmission LP, Transcontinental Gas Pipe Line Co. (Transco), Valley Crossing Pipeline LLC and Whistler Pipeline. The Banquete Hub is located slightly east of Agua Dulce and includes several Kinder Morgan Inc. pipelines. Finally, the Corpus Christi Pipeline accepts deliveries at Sinton in San Patricio County, from Enterprise Products Partners, Kinder Morgan Tejas, NGPL, TGP and Transco.
North America is swimming in natural gas and global demand still lags, but within a few months, opportunities are expected to open up as Gulf Coast and Western Canada exports expand and storage levels decline.
Unable to gain traction, September Nymex natural gas futures saw early Wednesday gains ebbed away in favor of modest losses as tides were turning on fundamentals with lingering weather support expected to drift away into the fall shoulder season.
Natural gas futures seesawed in a narrow range of gains and losses for a second straight session on Wednesday. The prompt month hovered in the red by early afternoon trading as market participants weighed expectations for strong late-August cooling needs and bullish supply trends against expectations for retreating demand in the fall.
Permian Basin benchmark Waha cash prices, mired in a protracted slump amid limited natural gas takeaway capacity and a supply glut, may see the summer come and go without relief. But a massive new pipeline is slated to enter service this fall, promising to free up an abundance of associated gas and ease pricing pressure.
