WHO WE ARE
Hydrocarbon Exchange Corporation was created in June of 2004 as the culmination of a natural gas marketing effort that began with a multiyear contract to purchase one hundred percent of the production drilled from acreage commitments dedicated to Texas Energy Management.
The core of business for Hydrocarbon Exchange originates primarily in the Lone Star State, and transportation contracts are held on every major intrastate pipeline to assure our producer community the highest in netback pricing flexibility.
In addition, there are also several interstate transport agreements allowing pricing opportunities as far west as the California border and as far North as Minnesota and Wisconsin city gates.
The company has had great success throughout the continued years of business in revenue/margin generation and expansion. Since the origination of Hydrocarbon Exchange, the original dedicated volumes have increased substantially. Texas Energy Management has also dedicated the balance of the acreage held by long term agreements to Hydrocarbon Exchange for future volumes that are in planned drilling projects from properties in the Barnett Shale. Additionally, the company has been successful in increasing its third party volumes in all of our concentrated areas.
THE HYDROCARBON STRATEGY
Through a series of arbitrage, utilizing swaps and futures associated with various selections of transportation, the term supplies and markets of natural gas are selectively priced to create daily price enhancements in the industry’s marketplace. It is our goal to continue to offer both suppliers and markets competitive pricing based on current market conditions that will continue to build and cultivate our business relationships.
Our term supplies of natural gas come from several medium to large producers who have volumes in strategic areas of our business. The term range from seasonal (summer/winter) to terms of one year or more. Throughout Hydrocarbon’s history, relationships have been developed and grown over many years and as a result, volumes have steadily increased providing for our ongoing business. One of our main goals is to continue growing with new counterparties that complement our levels of expertise.
Hydrocarbon Exchange currently markets natural gas and crude oil in several major regions throughout the country in order to provide our customers with the flexibility of today’s marketplace.
We are a large-scale shipper on all intrastate and interstate Pipelines. We market supply out of the Barnett shale to be delivered into Atmos Energy, Energy Transfer, Enbridge, and Enterprise pipeline and gathering systems.
In addition, we also transport within the Mid-Continent market region. Pipelines such as Northern Natural Gas, ANR, OneOk and other systems allow us to manage supply and deliver to multiple end user commitments throughout these areas.
As a diverse marketing player, Hydrocarbon is also active in the West and Rockies markets. We are shippers on El Paso and Transwestern Pipelines, moving supply from the Permian basin area to delivery points at Waha and several additional areas further east.