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True — with a nuance.
When people refer to WCSB pricing in a marketing or hedging context, they’re generally talking about natural gas produced in the Western Canadian Sedimentary Basin, which is priced off a blend of its two main hubs:
AECO — the dominant Alberta hub, reflecting most of the province’s production.
Westcoast Station 2 — the key British Columbia hub near Chetwynd/Fort St. John, capturing northeast B.C. supply
So in practice, “WCSB” exposure is often modeled as a weighted combination of AECO and Station 2 prices, depending on a producer’s asset mix and pipeline connections — much like “Midwest” pricing is shorthand for a basket of Chicago, Dawn, and Ventura hubs.
The exact weighting in either case depends on the marketer’s definition and the producer’s contracted delivery points, but your analogy is essentially correct.
If you want, I can show you how AECO and Station 2 have historically traded relative to each other so you can see why blending them matters for WCSB netbacks.
Quintessential1 wrote: I am pretty sure that WCSB is a combination of AECO and Station 2 just like Mid-West is a combination of Chicago, Dawn, Ventura... GLTY and ALL ARX BULLS Sugaree wrote: Page 35. I could easily be wrong. Maybe WCSB Floating is AECO?? It lists these 7: Hedged WCSB Floating Midwest U.S. Floating Malin Floating Empress/Emerson/Dawn Floating Henry Hub Floating International Floating GunnerG wrote: Page 49? Sugaree wrote: Looking at ARX presentation, it appears they have zero exposure to AECO 2025 through to 2029+. If I am reading that right, that is awesome.
Sugaree wrote: Page 35. I could easily be wrong. Maybe WCSB Floating is AECO?? It lists these 7: Hedged WCSB Floating Midwest U.S. Floating Malin Floating Empress/Emerson/Dawn Floating Henry Hub Floating International Floating GunnerG wrote: Page 49? Sugaree wrote: Looking at ARX presentation, it appears they have zero exposure to AECO 2025 through to 2029+. If I am reading that right, that is awesome.
GunnerG wrote: Page 49? Sugaree wrote: Looking at ARX presentation, it appears they have zero exposure to AECO 2025 through to 2029+. If I am reading that right, that is awesome.
Sugaree wrote: Looking at ARX presentation, it appears they have zero exposure to AECO 2025 through to 2029+. If I am reading that right, that is awesome.
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