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Dallas Fed Says Energy Executives Anticipating Rising Henry Hub Natural Gas Prices - Natural Gas Intelligence

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Dallas Fed Says Energy Executives Anticipating Rising Henry Hub Natural Gas Prices

Energy executives working in the most prolific natural gas and oil region of the United States are forecasting Henry Hub prices will average $3.01/MMBtu at year’s end, according to the Federal Reserve Bank of Dallas.

The Dallas Fed, as it is known, each quarter queries oilfield services (OFS) and exploration and production (E&P) executives who work in the Eleventh District. The District includes northern Louisiana, southern New Mexico and all of Texas, which covers activity in the Eagle Ford and Haynesville shales and the Permian Basin.

The second quarter report is a compilation of data collected between June 12 and June 20, with 138 firms responding. Of the respondents, 90 were E&Ps and 48 were OFS firms.

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