Does anyone have a dollar figure to use on the royalty calculator that represents BOE/day?

Views: 581

Reply to This

Replies to This Discussion

kdj,

I think the dollar amount really depends on the composition of the BOEs.  I think approximate values would be:

oil(condensate) - $100/BOE

NGLs - $30-45/BOE  (opinions on this value really vary)

gas - $20/BOE  (there are roughly 6 mcf of gas/BOE)

thanks. Yeah, I know there are a lot of variables!

Look for producers' investor reports and analysis on a company by company basis.  BOE prices vary widely based on not just liquids to gas ratio but also on what their forward price hedges are.

RSS

© 2024   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service