---
title: Below-Zero Natural Gas Prices In Texas
description: Permian producers in Texas are keeping oil wells running despite below-zero natural gas prices at Waha hub. Learn more about the impact on activity and oil realizations in the region.
---

[Energy News - Alternative Energy Source](https://energy-news.aes-energ.com)

# [Below-Zero Natural Gas Prices In Texas](https://energy-news.aes-energ.com/below-zero-natural-gas-prices-in-texas)

 Written by [Laurie C](https://energy-news.aes-energ.com/author/laurie-c) | 5/6/24 12:43 AM

Reposted from Zero Hedge

Permian producers are not shutting in oil wells with associated natural gas despite the fact that the Texas regional gas price has been stuck at below-zero levels since early March. Major pipeline operators in the Permian basin haven't yet seen any effect of the negative gas prices at the Waha hub in West Texas on activity as producers are look to maximize oil realizations at West Texas Intermediate crude prices at above $80 per barrel.  
Natural gas prices at the Waha hub slumped to a negative value of -$2.00 per MMBtu in April as the recent rise in oil prices [prompted producers](https://oilprice.com/Latest-Energy-News/World-News/Texas-Natural-Gas-Prices-Are-Negative-As-Drillers-Chase-Oil-Sales.html) to bring drilled but uncompleted wells online. The Waha hub prices remained below zero for most of March and April amid high production and not enough takeaway capacity.

Read the full article at [https://www.zerohedge.com/energy/permian-shrugs-below-zero-natural-gas-prices-texas](https://www.zerohedge.com/energy/permian-shrugs-below-zero-natural-gas-prices-texas)

 

 

[View full post](https://energy-news.aes-energ.com/below-zero-natural-gas-prices-in-texas)

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