NGL Prices Improve At Both Hubs
Natural gas liquids (NGL) prices improved the week of October 17 as the month ended with trader activity increasing to meet shortfalls in the market.
Heavy NGL Prices Increase As Crude Stabilizes
Conway NGL prices rose across the board the week of October 10, while Mont Belvieu light NGL prices dipped slightly in value.
Ethane Prices Fall At Both Hubs
Natural gas liquids (NGL) prices improved for the most part the week of October 3 at Conway and Mont Belvieu with ethane being the notable exception by falling in value at both hubs.
Margins Down Across The Board In September
It appeared that Conway E-P mix prices had turned the corner as summer came to close, but this is not the case as the product remains very much in flux as prices failed to retain their gains and the margin once again fell negative.
Light NGL Prices Increase Despite Crude Downturn
Despite a downturn in crude oil prices, natural gas liquids (NGLs) prices showed improvements at both Mont Belvieu and Conway the first week of October as the markets rebalanced after taking a downturn the prior week.
Conway Isobutane Prices Drop 16% As Isomerization Unit Comes Back
ONEOK’s isomerzation unit in Conway returned to full operations the week of September 19, which resulted in prices taking a 16% drop to $1.63 per gallon (/gal) at the hub.
Gulf Coast Outages Cause Ethane Prices To Tumble
Natural gas liquids (NGL) prices and margins took a downturn this week as they followed the general decline in crude oil and natural gas prices.
Stronger Propane Export Demand Driving Prices Up
Propane is experiencing stronger prices at Conway and Mont Belvieu due to increased demand from the export market. The market should continue to gain strength in the next few weeks as the injection closes in anticipation of winter heating demand.
NGL Prices Remain Stable As Hurricane Damage Was Minimal
Natural gas liquids and crude prices remained stable this week as the market took stock of how Hurricane Isaac affected the nation’s energy system.
August 2012 Frac Spread Highlighted By E-P Mix Finally Turning Positive
The biggest story coming out of the month of August in terms of natural gas liquids (NGLs) was that the Conway E-P mix finally saw positive frac spread margins for the first time since the beginning of the year.