February 2021, Vol. 248, No. 2

Projects

Projects February 2021

Waha Hub Prices Rise with Permian Highway Pipeline In Service  click to enlarge The Permian Basin basis to the Henry Hub briefly went positive as the Permian Highway pipeline entered service, the U.S. Energy Information Administration’s said.  The price at the Waha Hub in West Texas, near Permian Basin production activities, averaged $2.42/MMBtu on Dec. 30, which is 3 cents/MMBtu above the Henry Hub price. As of Wednesday, the price averaged a weekly high of $2.52/MMBtu, 18 cents/MMBtu below the Henry Hub price, according to the EIA report.  Kinder Morgan’s Permian Highway pipeline began commercial in-service on Jan. 1, which adds 2.

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