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Last Look - Oil prices rise, but post weekly loss on tariffs and OPEC+ production plans

Competitor’s Mid-Con Oil & Gas Customer Turns to AEGIS for Advice During Winter Storm Uri

Markets: Oil & Gas  |  Solution: Physical Marketing  | Client: Oil & Gas Producer

Situation

A large Mid-Con oil and gas producer was using a less-experienced AEGIS competitor. This lack of experience showed during Winter Storm Uri in 2021. With significant freeze-offs occurring throughout the basin, the producer wasn’t getting good communication or advice from the physical marketing provider. AEGIS quickly engaged with the producer at no cost given the urgency of the situation.

Mid Con Oil and gas Producer in Winter Storm Uri Physical Marketing

 

Solution

AEGIS met with the producer throughout the difficult weather weekend. The multiple meetings focused on opportunities to keep molecules moving and access premium pricing.

Physical Marketing Oil and Gas

 

Outcome

The producer was able to continue operations, access premium pricing, and avoid costly buy-back charges for force majeure curtailments. And the investment paid off for AEGIS. The producer saw first-hand the difference that experience makes – and engaged AEGIS to take over the physical marketing and producer services.

Physical Marketing and Producer Services in Midstream

 


 

 

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This case study is not indicative of future performance or success. Commodity interest trading involves risk and, therefore, is not appropriate for all persons; failure to manage commercial risk by engaging in some form of hedging also involves risk. Past performance is not necessarily indicative of future results. There is no guarantee that hedge program objectives will be achieved. Neither this trading advisor nor any of its trading principals offer a trading program to clients, nor do they propose guiding or directing a commodity interest account for any client based on any such trading program. Hedge advisory services are performed by the registered commodity trading advisor AEGIS-CTA, LLC, a wholly-owned subsidiary of AEGIS Hedging Solutions, LLC. This case study is not required to be and has not been, filed with the Commodity Futures Trading Commission ("CFTC"). The CFTC does not pass upon the adequacy or accuracy of this commodity trading advisor disclosure. Consequently, the CFTC has not reviewed or approved this case study.
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