Oil & Gas Prices - Jan 23

[dan_s]

Friday's closing prices:
> WTI prompt month (MAR 21) was down $0.86 on the day, to settle at $52.27/Bbl. < Note that March is now the front month.
> NG prompt month (FEB 21) was down $0.045 on the day, to settle at $2.446/MMBtu.

All of my forecast are based on WTI averaging $52.50 for 2021 and HH gas averaging $2.75 for 2021.

We are flying back from PV, Mexico today. We had a great trip will good friends and fantastic weather. We saw dozens of whales.

[dan_s]

Keep in mind that all of our gassers have a high percentage of their gas hedged.