Actual Oil & Gas Prices for 2021

[dan_s]

This is what the front month NYMEX oil & gas futures contracts averaged by quarter in 2021. The year-end reserve reports are required to use the trailing 12-month prices to calculate future cash flows from proved reserves. Our "gassers" should see a HUGE increase in their PV10 Net Asset Value:

WTI Oil:
Q1: $57.79
Q2: $66.04
Q3: $67.60
Q4: $76.84
Yr: $67.07

HH Natural Gas:
Q1: $2.73
Q2: $2.98
Q3: $4.01
Q4: $5.83
Yr: $3.89