Antero offering to buy mineral rights - GoMarcellusShale.com2024-03-29T07:42:18Zhttps://gomarcellusshale.com/forum/topics/antero-offering-to-buy-mineral-rights?commentId=2274639%3AComment%3A784678&feed=yes&xn_auth=noWhen the well comes in has a…tag:gomarcellusshale.com,2019-01-07:2274639:Comment:7912042019-01-07T02:02:02.166ZWilliam Dotsonhttps://gomarcellusshale.com/profile/WilliamDotson
<p>When the well comes in has a lot to do with your avg price. The first year is the highest production, so if it comes in when prices are up your overall avg will be better. I'll show you some examples .. you will see the avg. price for the life of the well to date .. the based on is the number of months .. the avg. price is each months price divided by the number of months .. the avg/bbl or mcf is the actual money divided by the total production... you will see some are very close while…</p>
<p>When the well comes in has a lot to do with your avg price. The first year is the highest production, so if it comes in when prices are up your overall avg will be better. I'll show you some examples .. you will see the avg. price for the life of the well to date .. the based on is the number of months .. the avg. price is each months price divided by the number of months .. the avg/bbl or mcf is the actual money divided by the total production... you will see some are very close while others are way different:</p>
<table width="357">
<tbody><tr><td width="64">Avg. Oil Price</td>
<td width="71">44.98</td>
<td width="53"> </td>
<td width="97">Avg. Gas Price</td>
<td width="72">3.24</td>
</tr>
<tr><td>Based on</td>
<td>51</td>
<td> </td>
<td>Actual Prod.</td>
<td>51</td>
</tr>
<tr><td>Avg. Oil/bbl</td>
<td>44.69</td>
<td>0</td>
<td>Avg. Gas/mcf</td>
<td><p>3.48</p>
<p></p>
<p></p>
</td>
</tr>
</tbody>
</table>
<p></p>
<table width="375">
<tbody><tr><td width="74">Avg. Oil Price</td>
<td width="71">53.69</td>
<td width="53"> </td>
<td width="97">Avg. Gas Price</td>
<td width="80">3.63</td>
</tr>
<tr><td>Based on</td>
<td>62</td>
<td> </td>
<td>Actual Prod.</td>
<td>61</td>
</tr>
<tr><td>Avg. Oil/bbl</td>
<td>64.26</td>
<td>0</td>
<td>Avg. Gas/mcf</td>
<td>4.21</td>
</tr>
</tbody>
</table>
<p></p>
<table width="349">
<tbody><tr><td width="64">Avg. Oil Price</td>
<td width="71">42.86</td>
<td width="53"> </td>
<td width="89">Avg. Gas Price</td>
<td width="72">2.94</td>
</tr>
<tr><td>Based on</td>
<td>45</td>
<td> </td>
<td>Actual Prod.</td>
<td>45</td>
</tr>
<tr><td>Avg. Oil/bbl</td>
<td>40.05</td>
<td>0</td>
<td>Avg. Gas/mcf</td>
<td>2.67</td>
</tr>
</tbody>
</table>
<p></p>
<p>I don't know if this is what is causing your figures to be off or not. Keep in mind that the original numbers for </p>
<table width="89">
<tbody><tr><td width="89">$/%/Ac/Well/Yr. </td>
</tr>
</tbody>
</table>
<p>were for several wells which gives me a good blend across several different years of initial production.</p> Again, thank you. my prices…tag:gomarcellusshale.com,2019-01-06:2274639:Comment:7913832019-01-06T23:12:01.780ZLeo Shttps://gomarcellusshale.com/profile/LeoS
<p>Again, thank you. my prices and your prices differ significantly. I wanted to see if I can understand if I have a problem with the price my O&G is paying. I have tracked my O&G prices with the market indexes over a four year period, and my O&G is at about 60%, which I do not understand. I was expecting prices along the lines you mention. Do you have any insights you may be to able to please provide? This is the price my O&G is quoting, it has nothing to do with…</p>
<p>Again, thank you. my prices and your prices differ significantly. I wanted to see if I can understand if I have a problem with the price my O&G is paying. I have tracked my O&G prices with the market indexes over a four year period, and my O&G is at about 60%, which I do not understand. I was expecting prices along the lines you mention. Do you have any insights you may be to able to please provide? This is the price my O&G is quoting, it has nothing to do with deductions, etc</p>
<p></p> These are the prices the oil…tag:gomarcellusshale.com,2019-01-06:2274639:Comment:7915212019-01-06T22:56:01.078ZWilliam Dotsonhttps://gomarcellusshale.com/profile/WilliamDotson
<p>These are the prices the oil company paid. Obviously the LNG is not wellhead price. But i deduct the gas removed to make it then add in the dollars of the LNG sales to the gas income</p>
<p></p>
<p>These are the prices the oil company paid. Obviously the LNG is not wellhead price. But i deduct the gas removed to make it then add in the dollars of the LNG sales to the gas income</p>
<p></p> Thank you. Are these wellhea…tag:gomarcellusshale.com,2019-01-06:2274639:Comment:7913822019-01-06T15:45:56.866ZLeo Shttps://gomarcellusshale.com/profile/LeoS
<p>Thank you. Are these wellhead prices? Are you able to control how prices are defined? Do you map them to indexes which make them visible so that price definition cannot be hidden from you? Thank you again.</p>
<p>Thank you. Are these wellhead prices? Are you able to control how prices are defined? Do you map them to indexes which make them visible so that price definition cannot be hidden from you? Thank you again.</p> I used the actual price paid…tag:gomarcellusshale.com,2019-01-06:2274639:Comment:7915192019-01-06T15:36:54.457ZWilliam Dotsonhttps://gomarcellusshale.com/profile/WilliamDotson
<p>I used the actual price paid each month, including any LNG produced. So from Sept. 2013 thru Oct. 2018. Because of the LNG the price varies a little per well, but over the 62 months it is around $53.69/bbl and $3.57/mcf.</p>
<p>I used the actual price paid each month, including any LNG produced. So from Sept. 2013 thru Oct. 2018. Because of the LNG the price varies a little per well, but over the 62 months it is around $53.69/bbl and $3.57/mcf.</p> William, what price are you a…tag:gomarcellusshale.com,2019-01-06:2274639:Comment:7912002019-01-06T14:57:47.514ZLeo Shttps://gomarcellusshale.com/profile/LeoS
<p>William, what price are you averaging each month for the gas, and for the oil, to get to your $137.93 per mo / net ac?</p>
<p></p>
<p>William, what price are you averaging each month for the gas, and for the oil, to get to your $137.93 per mo / net ac?</p>
<p></p> Mistake to sell you mean?tag:gomarcellusshale.com,2018-11-21:2274639:Comment:7895672018-11-21T19:00:01.383ZL. Gilmorehttps://gomarcellusshale.com/profile/Gilmore
Mistake to sell you mean?
Mistake to sell you mean? Mistake.tag:gomarcellusshale.com,2018-11-21:2274639:Comment:7893842018-11-21T18:39:33.113ZBarbara McIntyre Rayhttps://gomarcellusshale.com/profile/BarbaraMcIntyreRay
<p>Mistake.</p>
<p>Mistake.</p> Have you tried any other comp…tag:gomarcellusshale.com,2018-11-20:2274639:Comment:7893772018-11-20T03:37:22.557Zshesrushmorehttps://gomarcellusshale.com/profile/shesrushmore
<p>Have you tried any other companies or just gonna hold?</p>
<p>Have you tried any other companies or just gonna hold?</p> Inchworm antenna, you are cor…tag:gomarcellusshale.com,2018-11-19:2274639:Comment:7895462018-11-19T23:52:14.595ZJonathan Blairhttps://gomarcellusshale.com/profile/JonathanBlair
Inchworm antenna, you are correct. Have done this multiple times!
Inchworm antenna, you are correct. Have done this multiple times!