RE:RE:RE:Good news: Peyto basically unaffected by AECO dropMikeySwoosh wrote: As far as spot pricing on Empress is concerned, I haven't subscribed to Naturalgasintel.com either, so I don't have access to the pricing, but looking at the graph provided for spot pricing, and looking at the fixed Empress hedges that Peyto entered into over the past 6-12 months (ranging from $4.32/GJ - 6.77/GJ) it would appear that Peyto is getting at least $5/GJ on sales to Empress currently...perhaps even a couple of dollars in excess of that. As far as the unhedged portion getting Empress pricing, I'm just looking at the graph on the marketing report, where it suggests that all unhedged production outside of Ventura and Emerson is floating on Empress.
So it turns out that the average daily price for Empress in Q2 was $7.87/Mcf as per Advantage Energy's Q2 report. Referring to the chart on Naturalgasintel.com, Q3 pricing looks to be trading at a similar value, perhaps slightly lower, but it's currently at its highs for the quarter, so unless Empress pricing breaks down, Peyto shouldn't be put in the penalty box.