Hardy County report · Monday, November 9, 2026
What changed on the record
Hardy County right now: 0 permits outstanding and 0 wells completed since 2025. In the email, this paragraph names the permits and completions that are new since the issue before.
Prices, week over week
- Henry Hub gas averaged $3.10 per MMBtu in the week of October 9, 2026, up 0.05 from $3.05 the week before. The September 2026 average, which most statements for that month follow, was $2.95.
- WTI oil averaged $96.88 per barrel in the week of October 9, 2026, down 1.19 from $98.07 the week before. The September 2026 average, which most statements for that month follow, was $97.31.
A benchmark is not your royalty price. West Virginia gas sells below Henry Hub and statements lag one to two months. The prices page explains each big move; the email carries that week’s explanation.
In the news
Natural Gas Futures Dip as Mild Autumn Weather Reduces Power Demand
Natural gas futures declined on the New York Mercantile Exchange as weather forecasts indicated mild temperatures across major population centers. The transition into autumn has idled air conditioning use, softening immediate demand from electricity generators. Market participants continue to monitor storage levels and early projections ahead of the winter heating season.
Why it matters: Changes in benchmark natural gas futures directly affect the price per thousand cubic feet used to calculate West Virginia royalty checks.
Bearish · Mild autumn weather trims power demand and weighs on near-term gas prices and royalty checks for royalty owners
PJM Considers Higher Reliability Value for Firm Gas Power
Regional grid operator PJM Interconnection is evaluating whether to grant higher capacity reliability credits to natural gas power plants backed by firm pipeline capacity or storage. The policy aims to bolster electric grid stability during extreme weather across its 13-state footprint, including West Virginia. If approved, the rule could encourage power generators to secure firm fuel delivery arrangements.
Why it matters: Incentivizing firm gas transportation for power generation can support long-term regional gas demand and pipeline utilization across West Virginia.
Bullish · Higher reliability credit for firm-fuel gas plants would support long-term regional gas demand
Meetings and events
Nothing dated in the next sixty days for Hardy County. County commission dates appear here as they are published.