SynMax Research:
Based on today’s (2/03) GFS Operational 12Z, total natural gas freeze-offs during the 01/22 through 02/18 time period are expected to be at 59.6 Bcf, roughly unchanged from yesterday’s (2/02) 60.8 Bcf. At this time, we are taking out the upper range as we are ruling out the possibility of high-power outages in the Northeast.
The 59.6 Bcf is forecasted with minimal power outages.
Actualized production freeze-offs from 01/20-02/03 have come in at 54.6 Bcf.