North American Regional NGL Benchmarking
Comprehensive plant-level and operator-level benchmarking across NGL value chain — from wellhead to fractionator
Report Frequency: Quarterly
Natural gas liquids have been a key growth story for North American shale development, yet the economics of NGL recovery, transport, and fractionation vary dramatically by basin, processor, and contract vintage. Enkon’s NGL Benchmarking product gives producers, midstream operators, and investors an independent, gas plant level assessment of NGL yields, gathering and processing economics, ethane rejection/extraction quantities, fractionation fees, and egress costs — enabling you to see clearly where value is being created or eroded. Our approach involves a bottom-up approach starting with plant level data and following the NGL barrel through the NGL value chain. Each regional benchmarks commercial terms, incorporating contract structures, operator market share, capacity constraints, and regional infrastructure and pricing dynamics.
❓Who is this for?
NGL economics are among the opaquest in energy. Contract terms, Y-grade compositions, and regional fee structures vary widely — and operators rarely disclose the full picture. Enkon’s independent benchmarks surface the differences that matter for commercial decision-making.
📔Key Deliverables and Features
▸ Plant-level and Operator Level Volume – ethane extracted/rejected, C3+ extracted, plant recovery factors and other operational data and analysis
▸ Processing economics benchmarks — keep-whole, percent-of-proceeds, and fixed-fee comparison by basin and contract type
▸ NGL yield & recovery analysis — Y-grade composition and recoverable volume benchmarks by play and operator tier
▸ Fractionation capacity & T&F fee tracking — Mont Belvieu, Conway, and regional hub fractionation cost comparisons
▸ NGL egress & pipeline constraints — capacity utilization on major NGL pipelines and emerging bottleneck analysis
▸ Purity product pricing differentials — ethane, propane, butane, and natural gasoline price benchmarks at key hubs
▸ Supply-demand balance modeling — basin-level NGL production forecasts vs. available processing and fractionation capacity
▸ NGL Supply and NGL infrastructure adequacy outlook
🗺️Regions Covered
▸ Permian
▸ Appalachia (Utica & Marcellus)
▸ Eagle Ford
▸ Bakken
▸ Western Canadian Sedimentary Basin (WCSB)
▸ Haynesville
▸ Mid-Continent
NGL economics are among the opaquest in energy. Contract terms, Y-grade compositions, and regional fee structures vary widely — and operators rarely disclose the full picture. Enkon’s independent benchmarks surface the differences that matter for commercial decision-making.
