Highlights Permian production down 300 MMcf/d from 30-day average 83% of USGC gas production still offline as of Sept. 1: BSEE Cash prices for next-day flows of gas in the Permian saw double-digit gains in Sept. 1 trading, supported by ample eastbound takeaway capacity to the Gulf Coast and lower production. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Spot Waha Hub traded 23.50 cents higher at $4.295/MMBtu, its highest price since the mid-February deep freeze, according to preliminary settlement data. The Permian gas benchmark has gained nearly 90 cents over the last 10 trading days. Other Permian spot gas prices have seen similar gains, with El Paso, Permian Basin trading 26 cents higher at $4.295/MMBtu and Transwestern, Permian Basin gaining 37.50 cents to reach $4.205. Tighter supply-demand fundamentals Lower production has contributed to the spot gas price rally. Permian gas production fell to 11.9 […]