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To: xxreno who wrote (41018)3/29/2005 7:57:57 PM
From: Ed Ajootian  Respond to of 206321
 
Thanks xxreno, the reason I asked is that when I asked the company that drilled these wells (located in Texas) I asked them what index price was closest to the price these gas wells usually get, and they told me Houston Ship Channel. As shown by the latest Enerfax ( enerfaxdaily.com ) it looks like prices there are about $.20 less than Nymex.

I have used your #'s and they come pretty close to the price earned by several companies I track also, but its important to keep in mind any necessary adjustments for location as you say.

Please send worksheet to edajootian@yahoo.com, thanks kindly.