MRP 50: How Natural Gas and NGLs are Priced

I hope that you are well in these extremely challenging and uncertain times.  With the volatility in the financial markets, it is hard to keep track of the price of oil and gas.  We recorded this episode in January of 2020 before the current crisis but I think this content is even more relevant today.   Given the extreme drop in oil and natural gas prices, it is even more important to keep tabs on your royalty checks to make sure you are getting paid what you deserve.  Specifically, it is a good practice to double check the volumes that are reported on your check stubs and to understand the price that was paid for a given month. To help you with this we answer a listener question about how natural gas prices are determined and things you need to know in order to be able to reconcile the price paid for natural gas, NGLs, and crude oil. Thank you so much for listening and I hope you find some useful information in this episode that you can apply to your own situation. As always, you can go to mineralrightspodcast.com to find the show notes and specific examples of how to calculate approximate value of NGL volumes from your check stub.  To ask a question that you would like answered in a future episode, please email [email protected]