Federal Gas Index Option
The information provided on this page should only be used in accordance with the Federal non-arm's-length gas valuation regulations as described in 30 CFR Parts §§ 1206.141(c) and 1206.142(d) when selecting the Index-based option.
Products
Natural Gas
Approved Publications:
- Platts Inside FERC’s Gas Market Report
- Natural Gas Intelligence Bidweek Survey
- Argus Natural Gas Americas
ONRR will exclude any natural gas index if it does not meet the following criteria as provided in the approved publications:
- Volume must be at or greater than 25,000 MMBtu/day and at least five trades in each individual month
- This criteria must be met for seven out of twelve of the months of the year preceding election
Questions
NGLs
Approved Publications:
Theoretical processing adjustments and T&F adjustments for use in non-arm's length NGL reporting under the Index Option for processed gas:
Adjustments | GOM | New Mexico | Other Areas |
---|---|---|---|
Processing Adjustments | 10¢ / gal | 15¢ / gal | 15¢ / gal |
T&F Adjustments | 5¢ / gal | 7¢ / gal | 12¢ / gal |
Totals | 15¢ / gal | 22¢ / gal | 27¢ / gal |