Henry Hub

The Henry Hub is a distribution hub on the natural gas pipeline system in Erath, Louisiana, owned by Sabine Pipe Line LLC, a subsidiary of EnLink Midstream Partners LP who purchased the asset from Chevron Corporation in 2014.

North American unregulated wellhead prices are closely correlated to those set at Henry Hub.

[6] Henry Hub began operations during the early 1950s when Stone and Webster, Inc. built the original facility with unionized labor for The Texas Company (Texaco).

In the 1960s, the Texas Company built and operated an adjoining facility, Sea Robin Plant,[7] without utilizing union labor based on right-to-work laws implemented in Louisiana.

[9][10] NYMEX began offering standardized natural gas contracts with delivery at the Henry Hub in April 1990.