Oil and gas prices - Sentell Field, Bossier Parish
Royalty payments from Southern Star Energy price gas at $2.94 per Mcf and oil at $47.02. I haven't seen anything indicating prices this low. Does anyone have any explanation?
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Permalink Reply by Jon Williamson on
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Product prices paid to royalty owners are never as high as the spot price and depend greatly on the particular marketing arrangement made by the operator. That does however seem quite low. I am seeing $2.92 on gas for this month on production in Desoto Parish myself. That was actually for April production. Times are tough.
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