"At the Wellhead" Natural Gas Price - GoMarcellusShale.com2024-03-29T11:27:56Zhttps://gomarcellusshale.com/forum/topics/at-the-wellhead-natural-gas-price?groupUrl=bradford_county_marcellus&commentId=2274639%3AComment%3A517664&groupId=2274639%3AGroup%3A11400&feed=yes&xn_auth=nosorry, yes, tgp = Tennessee g…tag:gomarcellusshale.com,2013-11-15:2274639:Comment:5180202013-11-15T13:58:14.385Zwyalusing jimhttps://gomarcellusshale.com/profile/wyalusingjim
<p>sorry, yes, tgp = Tennessee gas pipeline, tgpz4 is zone 4 of the tgp.</p>
<p>not sure where your closest pricing point is in your part of w.v.</p>
<p>wj</p>
<p>sorry, yes, tgp = Tennessee gas pipeline, tgpz4 is zone 4 of the tgp.</p>
<p>not sure where your closest pricing point is in your part of w.v.</p>
<p>wj</p> Ok, I finally figured out wha…tag:gomarcellusshale.com,2013-11-15:2274639:Comment:5177032013-11-15T02:34:37.383ZToddhttps://gomarcellusshale.com/profile/ToddSmith
Ok, I finally figured out what tgp stands for... The Tennessee Gas Pipeline! :)
Ok, I finally figured out what tgp stands for... The Tennessee Gas Pipeline! :) my mistake, yes 90 cents diff…tag:gomarcellusshale.com,2013-11-14:2274639:Comment:5176642013-11-14T20:45:10.210Zwyalusing jimhttps://gomarcellusshale.com/profile/wyalusingjim
<p>my mistake, yes 90 cents difference, and these prices swing more than the nymex that most folks look at. nymex pricing has nothing to do with wellhead pricing. currently tgpz4 (station-219) is at $3.17 and tgpz4 (Marcellus) is at $2.43. so now the difference is 74 cents.</p>
<p>those are 2 points on the tgp line owned by kinder morgan that passes through the heart of nepa Marcellus dry gas country.</p>
<p>wj</p>
<p>my mistake, yes 90 cents difference, and these prices swing more than the nymex that most folks look at. nymex pricing has nothing to do with wellhead pricing. currently tgpz4 (station-219) is at $3.17 and tgpz4 (Marcellus) is at $2.43. so now the difference is 74 cents.</p>
<p>those are 2 points on the tgp line owned by kinder morgan that passes through the heart of nepa Marcellus dry gas country.</p>
<p>wj</p> Thanks WJ,
My property is in…tag:gomarcellusshale.com,2013-11-14:2274639:Comment:5176582013-11-14T19:19:49.885ZToddhttps://gomarcellusshale.com/profile/ToddSmith
<p>Thanks WJ,</p>
<p>My property is in the northernmost county of West Virginia, WJ. My initial well was drilled to a wet gas formation - the Upper Devonian Shale. However, our highest amount of Gas In Place is in our dry gas Utica with a GIP very similar to the amount of dry gas in your Marcellus Shale and Chesapeake took over our original lease with Fortuna (now Talisman) and Statoil has about a 30% interest in it. So, very similar to your conditions on the ground with our…</p>
<p>Thanks WJ,</p>
<p>My property is in the northernmost county of West Virginia, WJ. My initial well was drilled to a wet gas formation - the Upper Devonian Shale. However, our highest amount of Gas In Place is in our dry gas Utica with a GIP very similar to the amount of dry gas in your Marcellus Shale and Chesapeake took over our original lease with Fortuna (now Talisman) and Statoil has about a 30% interest in it. So, very similar to your conditions on the ground with our Utica.</p>
<p>What is this: "currently there is a 60 cent difference between tgpz4 (Marcellus) at $2.71 and tgpz4 (sta-219) at $3.61. capacity is more constrained after the 219 station."? </p>
<p>How does that work? Please explain. Thanks for your help! (Also, I'm counting a 90 cent difference in your two price points.)</p> tom and I are in the nepa dry…tag:gomarcellusshale.com,2013-11-14:2274639:Comment:5173972013-11-14T14:23:18.046Zwyalusing jimhttps://gomarcellusshale.com/profile/wyalusingjim
<p>tom and I are in the nepa dry gas area todd. btu content doesn't vary much up here, generally in the 1030 range, give or take a few btu's.</p>
<p>btu's may account for a few cents difference with dry gas, mostly up here, the major price differences are determined by the point of sale. for instance, currently there is a 60 cent difference between tgpz4 (Marcellus) at $2.71 and tgpz4 (sta-219) at $3.61. capacity is more constrained after the 219 station.</p>
<p>if you have wet gas, you might…</p>
<p>tom and I are in the nepa dry gas area todd. btu content doesn't vary much up here, generally in the 1030 range, give or take a few btu's.</p>
<p>btu's may account for a few cents difference with dry gas, mostly up here, the major price differences are determined by the point of sale. for instance, currently there is a 60 cent difference between tgpz4 (Marcellus) at $2.71 and tgpz4 (sta-219) at $3.61. capacity is more constrained after the 219 station.</p>
<p>if you have wet gas, you might expect prices in excess of $4, depending on the constituent components of your gas.</p>
<p>wj</p> Thanks Tom and WJ,
This does…tag:gomarcellusshale.com,2013-11-14:2274639:Comment:5174292013-11-14T04:49:26.579ZToddhttps://gomarcellusshale.com/profile/ToddSmith
Thanks Tom and WJ,<br />
<br />
This does help me plan some once my well and future wells go into production. I was mainly wondering what the price difference was between the EIA price and the wellhead price. I wonder if those price variations from county to county have anything to do with BTU content differences?<br />
<br />
Todd
Thanks Tom and WJ,<br />
<br />
This does help me plan some once my well and future wells go into production. I was mainly wondering what the price difference was between the EIA price and the wellhead price. I wonder if those price variations from county to county have anything to do with BTU content differences?<br />
<br />
Todd quite a bit of variation for…tag:gomarcellusshale.com,2013-11-13:2274639:Comment:5171572013-11-13T21:52:50.368Zwyalusing jimhttps://gomarcellusshale.com/profile/wyalusingjim
<p>quite a bit of variation for august with chk. $2.92 for s.e. bradco, $3.33 for northern Wyoming co.</p>
<p>tgp zone 4 (Marcellus) pricing is currently quite depressed. hopefully when the new line goes into operation this month we will see some better pricing.</p>
<p>wj</p>
<p>quite a bit of variation for august with chk. $2.92 for s.e. bradco, $3.33 for northern Wyoming co.</p>
<p>tgp zone 4 (Marcellus) pricing is currently quite depressed. hopefully when the new line goes into operation this month we will see some better pricing.</p>
<p>wj</p> My most recent checks were fo…tag:gomarcellusshale.com,2013-11-13:2274639:Comment:5173382013-11-13T20:16:11.240ZTom Rhttps://gomarcellusshale.com/profile/TomR
<p>My most recent checks were for August production. I have the infamous "Market Enhancement Clause" in my lease so can't really give an official "at the wellhead" price but here are the numbers I have,</p>
<p>Chesapeake gross $2.99/mcf net $2.23</p>
<p>Anadarko gross $2.90/mcf net $2.15</p>
<p>Statoil (no ded. taken) $3.044 (yes, the statement does show the 1/10's of a cent)</p>
<p>I'm in the southwest corner of the county, have heard that there is some price variation between…</p>
<p>My most recent checks were for August production. I have the infamous "Market Enhancement Clause" in my lease so can't really give an official "at the wellhead" price but here are the numbers I have,</p>
<p>Chesapeake gross $2.99/mcf net $2.23</p>
<p>Anadarko gross $2.90/mcf net $2.15</p>
<p>Statoil (no ded. taken) $3.044 (yes, the statement does show the 1/10's of a cent)</p>
<p>I'm in the southwest corner of the county, have heard that there is some price variation between areas.</p>
<p>Hope you find this useful</p>