Waha Hub | Henry Hub | WAHA_HH basis

Natural Gas Price API

Pull source-backed hub prices, compare Waha against Henry Hub, and inspect timestamps before a gas-basis workflow treats the latest observation as current.

WAHA_HH
Basis Pair
NGI
Waha Source
EIA
Henry Hub Source
JSON
Source Fields

Gas benchmarks with visible source context

Henry Hub Benchmark

Use the configured Henry Hub code as the benchmark side of Waha-Henry Hub basis comparisons.

Selected Global Benchmarks

Use supported TTF, JKM, and NBP codes where your plan and use case require cross-market context.

Waha Hub

Track West Texas / Permian hub pricing from the configured NGI WTXWAHA source path.

Configured Basis Pair

Request WAHA_HH where analytics access is enabled. The pair is Waha minus Henry Hub in USD/MMBtu.

Source And Timestamp Fields

Inspect source, created_at, timestamp, and freshness/status fields when available before automating downstream use.

Negative-Price Safe

Waha can trade negative. Dashboards, samples, and alert thresholds should treat negative prices as valid observations.

Waha basis with source-truth attached

Start with the latest Waha observation, then request the configured Waha-Henry Hub basis pair. Keep source and timestamp fields visible in the workflow.

Dataset truth

Waha Hub and WAHA_HH basis

Coverage
Waha Hub (NATURAL_GAS_WAHA), Henry Hub (NATURAL_GAS_USD), and the configured WAHA_HH basis pair where analytics access is enabled.
Source
Waha uses the NGI / Natural Gas Intelligence WTXWAHA source path. Henry Hub uses the configured EIA Henry Hub source.
Cadence
Source-observed daily hub pricing. Use returned timestamp/freshness/source fields rather than assuming live or universal freshness.
First endpoint
/v1/spreads/basis?pair=WAHA_HH

Response fields to inspect

  • code, price/value, currency, and unit
  • source and created_at or timestamp fields
  • pair, spread_name, value, unit, and components for WAHA_HH
  • freshness or stale-state flags when returned

Keep visible

  • No broad real-time, all-hub, or exchange-grade entitlement claim
  • No public redistribution or NGI rights claim
  • Waha can be negative and should remain valid in UI and alerts
  • Only configured basis pairs should be documented
First-call proof

First call: Waha latest and basis

The latest price call gives the source-backed hub observation. The basis call returns Waha minus Henry Hub for the configured WAHA_HH pair.

Request

curl "https://api.oilpriceapi.com/v1/prices/latest?by_code=NATURAL_GAS_WAHA" \
  -H "Authorization: Token YOUR_API_KEY"

curl "https://api.oilpriceapi.com/v1/spreads/basis?pair=WAHA_HH" \
  -H "Authorization: Token YOUR_API_KEY"

Expected shape

{
  "status": "success",
  "data": {
    "code": "NATURAL_GAS_WAHA",
    "price": -0.50,
    "currency": "USD",
    "unit": "mmbtu",
    "source": "ngi_web",
    "created_at": "2026-05-10T12:00:00Z"
  }
}

{
  "status": "success",
  "data": {
    "pair": "WAHA_HH",
    "spread_name": "Waha-Henry Hub Basis",
    "value": -2.35,
    "unit": "USD/MMBtu",
    "components": {
      "NATURAL_GAS_WAHA": -0.50,
      "NATURAL_GAS_USD": 1.85
    },
    "timestamp": "2026-05-10T12:00:00Z"
  }
}
  • Use pair=WAHA_HH for the basis endpoint.
  • Treat returned timestamps as the freshness signal.
  • Do not hardcode positive-only price assumptions.

Who uses the Natural Gas Price API

Energy Trading Desks

Prototype internal gas-basis watches and compare latest hub observations against your own risk thresholds.

LNG Traders & Shippers

Add selected benchmark context to internal models where your plan, source rights, and workflow support it.

Industrial Manufacturers

Track input-cost assumptions against source-backed gas observations and keep timestamps visible in internal dashboards.

Energy Analysts & FinTech

Build proof-of-concept gas dashboards with explicit source, timestamp, and caveat handling.

From $49/month - no terminal, no contract

Start with core gas codes and configured basis pairs, then expand only after source rights and workflow fit are clear.

Starter

$49/mo
  • + 50,000 req/month
  • + Core gas codes
  • + Source fields
Start Free Trial
Most Popular

Professional

$99/mo
  • + 100,000 req/month
  • + Configured basis pairs
  • + Workflow support
Start Free Trial

Enterprise

Custom
  • + Custom volume
  • + Source-rights review
  • + Implementation support
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Waha to Henry Hub basis, with source context

Build the first workflow around source-backed hub prices, configured basis pairs, and timestamps your team can inspect.

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