{"id":7,"date":"2024-05-03T16:36:47","date_gmt":"2024-05-03T16:36:47","guid":{"rendered":"https:\/\/wellheadprice.wpenginepowered.com\/?page_id=7"},"modified":"2025-05-19T18:51:20","modified_gmt":"2025-05-19T18:51:20","slug":"wellhead-price","status":"publish","type":"page","link":"https:\/\/resources.wellheadprice.com\/","title":{"rendered":"Wellhead Price Resources"},"content":{"rendered":"

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Resources<\/h1>\n

[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.25.0″ _module_preset=”default” custom_css_main_element=”align-items: center;||display: grid;” global_colors_info=”{}”][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_4,1_4,1_4,1_4″ _builder_version=”4.25.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”1_4″ _builder_version=”4.25.0″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_column][et_pb_column type=”1_4″ _builder_version=”4.25.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_button button_url=”#videos” button_text=”Videos” button_alignment=”center” _builder_version=”4.25.0″ _module_preset=”default” custom_button=”on” button_text_size=”15px” button_text_color=”#ffffff” button_bg_color=”#005b4e” button_border_width=”0px” button_font=”Roboto||||||||” background_layout=”dark” global_colors_info=”{}”][\/et_pb_button][\/et_pb_column][et_pb_column type=”1_4″ _builder_version=”4.25.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_button button_url=”#definitions” button_text=”Definitions” button_alignment=”center” _builder_version=”4.25.0″ _module_preset=”default” custom_button=”on” button_text_size=”15px” button_text_color=”#ffffff” button_bg_color=”#005b4e” button_border_width=”0px” button_font=”Roboto||||||||” background_layout=”dark” global_colors_info=”{}”][\/et_pb_button][\/et_pb_column][et_pb_column type=”1_4″ _builder_version=”4.25.0″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ module_id=”videos” _builder_version=”4.25.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_row _builder_version=”4.25.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.25.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.25.0″ _module_preset=”default” text_font=”Roboto||||||||” text_text_color=”#FFFFFF” text_font_size=”31px” header_font=”Roboto|900|||||||” header_text_color=”#FFFFFF” header_font_size=”46px” header_line_height=”1.4em” header_2_font=”Roboto|700|||||||” header_2_text_color=”#000000″ header_2_font_size=”36px” custom_margin=”||2px|||” global_colors_info=”{}”]<\/p>\n

How-to Videos<\/h2>\n

[\/et_pb_text][et_pb_divider color=”#507f4b” divider_weight=”4px” _builder_version=”4.25.0″ _module_preset=”default” width=”80px” module_alignment=”center” custom_margin=”||0px||false|false” global_colors_info=”{}”][\/et_pb_divider][et_pb_text _builder_version=”4.25.0″ _module_preset=”default” text_font=”Roboto||||||||” text_text_color=”#FFFFFF” text_font_size=”31px” header_font=”Roboto|900|||||||” header_text_color=”#FFFFFF” header_font_size=”46px” header_line_height=”1.4em” header_2_font=”Roboto|700|||||||” header_2_text_color=”#000000″ header_2_font_size=”36px” header_3_font=”Roboto||||||||” custom_margin=”||0px||false|false” global_colors_info=”{}”]<\/p>\n

Get Started<\/h3>\n

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Types of Searches<\/h3>\n

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How-To Videos<\/h3>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_4,1_4,1_4,1_4″ use_custom_gutter=”on” gutter_width=”2″ _builder_version=”4.25.0″ _module_preset=”default” width=”90%” max_width=”1300px” custom_margin=”|auto||auto|false|false” custom_padding=”0px||||false|false” global_colors_info=”{}”][et_pb_column type=”1_4″ _builder_version=”4.25.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_video src=”https:\/\/youtu.be\/Yp_GLazO19w” image_src=”\/\/i.ytimg.com\/vi\/Yp_GLazO19w\/hqdefault.jpg” play_icon_color=”#507f4b” _builder_version=”4.27.0″ _module_preset=”default” box_shadow_style=”preset1″ box_shadow_vertical=”9px” global_colors_info=”{}”][\/et_pb_video][\/et_pb_column][et_pb_column type=”1_4″ _builder_version=”4.25.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_video src=”https:\/\/youtu.be\/aj-iYj_CfsY” image_src=”\/\/i.ytimg.com\/vi\/aj-iYj_CfsY\/hqdefault.jpg” play_icon_color=”#507f4b” _builder_version=”4.27.0″ _module_preset=”default” box_shadow_style=”preset1″ box_shadow_vertical=”9px” global_colors_info=”{}”][\/et_pb_video][\/et_pb_column][et_pb_column type=”1_4″ _builder_version=”4.25.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_video src=”https:\/\/youtu.be\/J2MauqrJuIA” image_src=”\/\/i.ytimg.com\/vi\/J2MauqrJuIA\/hqdefault.jpg” play_icon_color=”#507f4b” _builder_version=”4.27.0″ _module_preset=”default” box_shadow_style=”preset1″ box_shadow_vertical=”9px” global_colors_info=”{}”][\/et_pb_video][\/et_pb_column][et_pb_column type=”1_4″ _builder_version=”4.25.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_video src=”https:\/\/youtu.be\/yuJtFAuQWUU” image_src=”\/\/i.ytimg.com\/vi\/yuJtFAuQWUU\/hqdefault.jpg” play_icon_color=”#507f4b” _builder_version=”4.27.0″ _module_preset=”default” box_shadow_style=”preset1″ box_shadow_vertical=”9px” global_colors_info=”{}”][\/et_pb_video][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ module_id=”definitions” _builder_version=”4.25.0″ _module_preset=”default” background_color=”#eaeaea” global_colors_info=”{}”][et_pb_row _builder_version=”4.25.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.25.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.25.0″ _module_preset=”default” text_font=”Roboto||||||||” text_text_color=”#FFFFFF” text_font_size=”31px” header_font=”Roboto|900|||||||” header_text_color=”#FFFFFF” header_font_size=”46px” header_line_height=”1.4em” header_2_font=”Roboto|700|||||||” header_2_text_color=”#000000″ header_2_font_size=”36px” custom_margin=”||2px|||” global_colors_info=”{}”]<\/p>\n

DEFINITIONS<\/h2>\n

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Terms Used<\/h3>\n

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With some leases, when one or more parity markets its share of production WHP displays one blended price for gross volume sold.<\/p>\n\n\n\n\n\n\n\n\n
NYMEX WTI<\/strong><\/td>\nCalendar Month Nymex daily settled price during the specified month (excluding weekends and holidays).<\/td>\n<\/tr>\n
Gross Barrels ( Gross BBL)<\/strong><\/td>\nTotal volume sold over the defined period.<\/td>\n<\/tr>\n
BOPD<\/strong><\/td>\nGross barrels of Crude Oil reported sold per month divided by month’s number of days.<\/span><\/td>\n<\/tr>\n
Gross $ (Gross Value)<\/strong><\/td>\nTotal dollars reported for gross barrels sales.<\/td>\n<\/tr>\n
$\/BBL<\/strong><\/td>\nSeller\u2019s Gross Value divided by Gross Barrels for specified month.<\/td>\n<\/tr>\n
$\/BBL vs WTI<\/strong><\/td>\nSeller\u2019s <\/span>Gross Value<\/span> divided by <\/span>Gross Barrels<\/span> for any particular month.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

[\/et_pb_tab][et_pb_tab title=”Gas” _builder_version=”4.27.0″ _module_preset=”default” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n

With some leases, all commodities are added together (with exception of condensate) in determining volume and price.<\/p>\n\n\n\n\n\n\n\n
Net Mcf $ (Net Value)<\/strong><\/td>\nNet value of product after all applicable deductions.<\/spanaptos><\/td>\n<\/tr>\n
Your Mcf Natural Gas<\/strong><\/td>\nProducer’s total Mcf sold over defined period of time.<\/spanaptos><\/td>\n<\/tr>\n
$\/Mcf<\/strong><\/td>\nSellers Net Net Value divided by Your Mcf Natural Gas for defined period of time.<\/td>\n<\/tr>\n
Mcf\/day<\/strong><\/td>\nYour Mcf Natural Gas divided by total number of days searched.<\/span><\/td>\n<\/tr>\n
MCF <\/strong><\/td>\n1000 Cubic Feet of natural gas <\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

[\/et_pb_tab][et_pb_tab title=”Condensate” _builder_version=”4.25.0″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

Condensate is liquid produced from a gas well.<\/p>\n\n\n\n\n\n\n
BCPD<\/strong><\/td>\nGross barrels of Condensate reported sold per month divided by month’s number of days.<\/td>\n<\/tr>\n
$\/BBL<\/strong><\/td>\nSeller\u2019s Net Value divided by Gross Barrels for specified month<\/td>\n<\/tr>\n
Your BBLs<\/strong><\/td>\nProducer’s total barrels Condensate sold over prescribed period of time.<\/td>\n<\/tr>\n
Your Gross $<\/strong><\/td>\nNet value of product after all applicable deductions.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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ResourcesHow-to VideosGet StartedTypes of SearchesHow-To VideosDEFINITIONSTerms UsedWith some leases, when one or more parity markets its share of production WHP displays one blended price for gross volume sold. NYMEX WTI Calendar Month Nymex daily settled price during the specified month (excluding weekends and holidays). Gross Barrels ( Gross BBL) Total volume sold over the defined […]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"footnotes":""},"class_list":["post-7","page","type-page","status-publish","hentry"],"featured_image_src":null,"featured_image_src_square":null,"_links":{"self":[{"href":"https:\/\/resources.wellheadprice.com\/index.php?rest_route=\/wp\/v2\/pages\/7","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/resources.wellheadprice.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/resources.wellheadprice.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/resources.wellheadprice.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/resources.wellheadprice.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7"}],"version-history":[{"count":0,"href":"https:\/\/resources.wellheadprice.com\/index.php?rest_route=\/wp\/v2\/pages\/7\/revisions"}],"wp:attachment":[{"href":"https:\/\/resources.wellheadprice.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}