Columbia Gas MXP service restoration lifts Appalachian prices, flows, production

摘要

Cash prices at Appalachia's benchmark Dominion South hub surged in July 13 trading after a force majeure restricting capacity on Columbia Gas' Mountaineer XPress pipeline was lifted July 11. With previously stranded supply now exiting the region, hub prices at Dominion South traded up about 8 cents at $1.32/MMBtu, preliminary settlement data from S&P Global Platts showed. Basis prices at the hub climbed 11 cents – up sharply from a July 10 settlement at 50 cents below Henry Hub.