What are Forecast Adjustments?

Most operators sell your produced minerals at a discount compared to the benchmark prices of Henry Hub (gas) or West Texas Intermediate (oil). They may also have deducted expense from your gross sales such as marketing, compression or transportation. For that reason, each time you add a new well to your portfolio it's very important that you provide ShaleCast key information from your recent royalty statement. We ask you to enter the most recent commodity prices you were paid because our commodity price forecasts are based on the NYMEX futures market contracts traded on the benchmark prices. This information helps us calculate how much your wellhead price differs from the relevant benchmarks. The gross and net payment information you provide helps us calculate your deductions and estimate them for the future.

 

Learn how to enter your royalty statement information:

Have more questions? Submit a request

0 Comments

Please sign in to leave a comment.