Is Waha Basis as Good as It Can Get? (Video)

June 5, 2020June 7th, 2020
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It’s a good time to hedge some Waha gas, as forward markets are near three-year highs.

Waha basis has been better in the past, but the network of basis prices in the U.S. has changed.

In our view, the pipeline corridors and destination markets determine basis pricing, and both of those variables suggest Waha’s recent price improvement might not have much more in it.
That is, unless Midwest pricing improves.

We continue to monitor oil, gas, NGLs, and regional markets for hedging opportunities. To learn more and see AEGIS opinion and recommendations, go to AEGIS View publications, or contact Like what you see? Share this article with the button on the bottom right of your desktop. Market questions or comments? Contact us at

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