Estimated Alaska North Slope Netback Values (based on closing prices for 8/31/2010)

These prices represent estimated values, netted back to the field level, for Alaska North Slope (ANS) oil and gas marketed through various options.  This page has started reporting estimated netback values for Valdez LNG Gas.  For a discussion of the methodology and potential implications, see “What about those ‘premium Asian LNG markets’ …,” (Aug. 31, 2010) http://bit.ly/bOw4rz.  For an explanation of the basis for all of the estimated netback values, see “Basis for Estimates of Alaska North Slope Netback Oil & Gas Values (August 28, 2010),” (Aug. 30, 2010) http://bit.ly/9apJOJ.

*Reflects 8/30/2010 closing price for “ANS West Coast.”  Department of Revenue has not updated for 8/31/2010.