Market | Bbl | MMBtu |
Oil | $67.48/BOE* | $11.63/MMBtu* |
Gas (AGIA) | Negative $2.00/BOE | Negative $0.35/MMBtu |
Gas (Valdez LNG) | Negative $2.07/BOE | Negative $0.36/MMBtu |
Gas (Bullet Line) | $0.20/BOE | $0.03/MMBtu |
*Based on 9/8/2010 closing price for ANS oil. Updated price for 9/9/2010 not available on DOR website at time of publication. These prices represent estimated values, netted back to the field level, for Alaska North Slope (ANS) oil and gas marketed through various options, based on closing prices for the relevant markets on the indicated day. 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 (rev. Sept. , Sept. 6, 2010),” (Sept. 6, 2010) http://bit.ly/cNqYw5.
This is actually a well thought out post, thanks.
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