SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Ed Ajootian who wrote (27566)12/1/2003 6:49:48 PM
From: jim_p  Read Replies (1) | Respond to of 206093
 
Ed,

Unless the NG is under a contract that says otherwise, the seller of the NG can either include the NG liquids in the NG stream or strip it out and sell the NG liquids. The price decision is based on the current price of NG liquids such as propane and butane etc, not the price of oil.

Jim



To: Ed Ajootian who wrote (27566)12/1/2003 7:06:41 PM
From: quehubo  Read Replies (1) | Respond to of 206093
 
Ed, have you read RJ's weekly NG report that shows NGL production and the spread between NGL prices and NG?



To: Ed Ajootian who wrote (27566)12/1/2003 8:42:56 PM
From: xxreno  Read Replies (1) | Respond to of 206093
 
One thing to remember regarding liquids stripping is that over two thirds of the US NG production is sold in the Bid Week market, which means that the bulk of many E&P's production for the month is already sold at the beginning of the month. This could limit the option of the seller to decide on a daily or weekly basis whether or not to strip liquids above that necessary to condition the NG.

xxreno


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News