Energy Market Commentary // Energy Market Commentary

How Low Can Waha Natural Gas Prices Go?

April 4, 2019 |
Waha natural gas cash prices traded as low as a negative…yes negative…$6.60/MMBtu on April 3 and averaged for the day nearly $3.75/MMBtu below zero. Permian producers are paying for the right to produce oil, avoid flaring, and potentially not...
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Uinta Basin Economics: Horizontal or Bust?

March 26, 2019 |
Last June, BTU Analytics examined the outlook of horizontal drilling in the Uinta Basin. As oil prices recovered, total annual drilling activity increased in the Uinta Basin. As drilling increased, producers shifted towards horizontal activity rather than vertical. Despite...
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Snowed In: 2019 Hydro Outlook

March 19, 2019 |
Understandably, many of the headlines this winter have reported on the historic cold temperatures seen in the Upper Midwest and blizzard-like conditions from the recent bomb cyclone. If you’re not an avid skier or snowboarder, something that might have...
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