Why no NGLs?

NGL’s, or Natural Gas Liquids, are frequently removed at facilities away from the wellhead, after the gas volumes are recorded by the operator and reported to the state. Because ShaleCast does not receive NGL production data from the states we are unable to include this commodity stream in your royalty forecast. This is a known limitation to the forecasting model which we hope to improve in future releases.

Learn more about NGL’s here:

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