This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.
Oklahoma Gas Prices and Sales Contracts
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Multi-State
Control #:
US-OG-799
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How to fill out Gas Prices And Sales Contracts?
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FAQ
Prices. Henry Hub spot price: The Henry Hub spot price fell 98 cents from $3.19 per million British thermal units (MMBtu) last Wednesday to $2.21/MMBtu yesterday. Henry Hub futures price: The price of the December 2023 NYMEX contract decreased 38.8 cents, from $3.494/MMBtu last Wednesday to $3.106/MMBtu yesterday.
Oklahoma's higher bills aren't just from Winter Storm Uri in February 2021. Natural gas prices were above average the rest of 2021, and then spiked again last year after Russia invaded Ukraine. The combination of weather and geopolitical events have left Oklahoma customers on the hook for billions in fuel costs.
You may reach our customer service department Monday through Friday from a.m. to p.m. CT (Closed Saturday & Sunday) at 800-664-5463 .
Oklahoma Natural Gas Industrial Price is at a current level of 2.45, down from 2.63 last month and down from 8.41 one year ago. This is a change of -6.84% from last month and -70.87% from one year ago.
Natural Gas Price Forecast & Price Prediction ? Summary Natural Gas price prediction 2024: EIA forecast the U.S. benchmark Henry Hub natural gas spot price to rich $3.55/MMBtu in 2024 , averaging $3.23/MMBtu for the year, a 24% advance from the 2023 average prices of $2.61/MMBtu.
What causes natural gas prices to change? When there is a higher demand for natural gas, there is typically a higher cost. Supply and demand can fluctuate based on weather, economic conditions, petroleum prices, natural gas production, net imports and storage inventory.
Oklahoma Average Gas Price RegularPremiumCurrent Avg.$3.55$4.12Yesterday's Avg.$3.55$4.12Week Ago Avg.$3.6$4.14Month Ago Avg.$3.78$4.261 more row
The Temperature Adjustment, based on historical weather information, helps to offset the impact of weather variations. Your bill is adjusted to reflect normal weather conditions from November through April each year. It is adjusted down when the weather is colder than normal.
