Examples of Strip Price in a sentence
In establishing the Historic Strip Price, Columbia explains that it will average the NYMEX closing prices during a specific window period for the future winter period in question.
Based on Ryder Scott type well from Reserves Report dated February 28, 2018 and using GLJ July 2018 Strip Price Forecast2.
Based on internally generated type curves and using GLJ July 2018 Strip Price Forecast2.
Woodloch Forest Dr., Suite 300 The Woodlands, Texas 77380Re: Evaluation Summary – NYMEX Strip Price Case Chisholm Energy, InterestsTotal Proved ReservesCertain Properties in Eddy and Lea Counties, New Mexico As of December 31, 2021 Dear Mr. Vernon: As you have requested, this report was completed on January 5, 2022 for the purpose of submitting our estimates of total proved reserves and forecasts of economics attributable to the interests of Chisholm Energy Operating, LLC and Chisholm Energy Agent, Inc.
The Benchmark Price is the simple average of the Historic Strip Price and Historic Settlement Price, and is calculated each November, when a Historical Strip Price for a new winter period can he calculated.