Examples of Xxxxx Hub in a sentence
La. & Offshore (zone 1); (4) Transcontinental Gas Pipe Line Corp., Zone 3 (pooling points); and (5) Market Center Spot-Gas Prices, South Louisiana, Xxxxx Hub.
The measurements for all commodity contracts contain observable inputs in the form of forward prices based on WTI crude oil prices; and Columbia Appalachia, Xxxxx Hub, PEPL and Houston Ship Channel natural gas prices.
This is the Price for any specified delivery month(s) as established by trading of natural gas futures contracts on the New York Mercantile Exchange ("NYMEX"), Kansas City Board of Trade ("KCBOT") or other commodities exchange as designated in the Agreement, covering such delivery month(s) for the Xxxxx Hub, Permian Basin, Alberta, Waha or other delivery location for which gas futures contracts are traded.
All Broker Quotes obtained pursuant to this section shall be averaged, and Broker Quotes for any given NYMEX Xxxxx Hub Gas Price (or Swap Spread-Derived Price) that are no greater than 105%, and no less than 95%, of the average of the Broker Quotes obtained for such NYMEX Xxxxx Hub Gas Price (or Swap Spread-Derived Price) shall be "Eligible Broker Quotes" and all other Broker Quotes shall be disregarded for the purposes of this section.
Clause (ii) and (iii) above will be calculated based on a price for gas per mcf of the lower of (a) $6.00 Xxxxx Hub and (b) the then current Xxxxx Hub prompt month price and price for oil per barrel of the lower of (a) $40 and (b) the then current NYMEX prompt month price.
National Fuel Gas Company ("National"), a corporation organized under the laws of the State of New Jersey and a registered holding company under the Public Utility Holding Company Act of 1935 ("Act"), together with its wholly-owned domestic subsidiaries, listed below: National Fuel Gas Distribution Corporation National Fuel Gas Supply Corporation Seneca Resources Corporation Xxxxx Hub, Inc.
This calculation shall be repeated for any "stub" year (i.e., any year for which fewer than 12 months of monthly prices are available) until such year has a stipulated NYMEX Xxxxx Hub Gas Price for each month during such year.
For Liquid Hydrocarbons, this is the average price per barrel of West Texas Intermediate (WTI) benchmark crude oil in United States of America dollars per Barrel (USD $ / Bl), and for Natural Gas, this is the average price for US Coast Xxxxx Hub benchmark natural gas in United States of America Dollars per million British Thermal Units (BTU) (US $ / MMBTU) as per the table below.
The price of Gas sold and purchased with respect to any month (the “Contract Price”) shall be ninety-six percent (96%) of the price in dollars per MMBtu for the NYMEX Xxxxx Hub Natural Gas futures contract for Gas to be delivered during such month, such price to be based upon the final settlement price on the last trading day for the futures contracts for such month, plus ten cents ($0.10) per MMBtu.
National Fuel Gas Company ("National"), a corporation organized under the laws of the State of New Jersey and a registered holding company under the Public Utility Holding Company Act of 1935 ("Act"), together with its wholly-owned subsidiaries, listed below: National Fuel Gas Distribution Corporation National Fuel Gas Supply Corporation Seneca Resources Corporation Xxxxx Hub, Inc.