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Andrew Bradford
BTU Analytics

Andrew is a Principal at BTU Analytics, LLC and has worked in the energy and technology industries for over 16 years. Prior to BTU Analytics, he was the Senior Commercial Director of North American Natural Gas at Platts and led Bentek Energy’s natural gas analytics team from 2012 to 2014. Andrew’s past experience includes positions at Amoco Production Company and Constellation Energy. He holds a Masters in Energy and Environmental Analysis from Boston University and a Bachelors in Geology from Colorado College. BTU Analytics provides data-driven, market-risk assessments, market strategy advisory services and due diligence analysis for asset acquisitions and divestitures in the North American oil, NGL, and natural gas market. They utilize their in-depth understanding of North American energy data to help clients determine the opportunities and risks of upstream, midstream, and downstream assets and strategies in the face of ever-evolving market conditions.

Posts by Andrew Bradford
- Blog

Misty Mountain Hop – Natural Gas Price Differentials Blow Out in Marcellus/Utica

Author Andrew Bradford

For gas producers in Appalachia, this has not been such a good summer for basis – the price they get for their gas versus the benchmark at Henry Hub, LA.  Basis in the eastern part of the Marcellus has been particularly weak, with negative differentials extending into New York.   Even at some West Virginia points like Dominion South, producers have faced ugly basis for the past few months.  But there are some points that have been relatively immune, including Columbia Gas TCO, which has been hanging in there at pricing pretty close to Henry.  Even when parts of the Dominion South and TCO pipeline systems are on top of each other.  Why are basis differentials in the Appalachian Mountains hopping around all over the place?  Today we look into why some Northeast prices have taken a hit and others have not.