Natural gas production, proration and markets

Conference · Mon Jun 01 00:00:00 EDT 1992 · Interstate Oil Compact Commission Committee Bulletin; (United States)

OSTI ID:6314678

Garlick, D M ^[1]

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1. Railroad Commission of Texas, Austin (United States)

I would like to give you just a few of the technical aspects of what the Commission has done in its recent amendment of the gas proration rules. First, the Commission replaced the historical pipeline estimations of market demand with a process that includes what we call an optional producer forecast. This begins with the Commission creating a market demand forecast for prorated gas fields based on last year's production and mailing it to each operator, showing the amount of gas that was produced from that operator's wells in each field. The operator can then review that forecast. If it is a satisfactory estimate of market demand, then the operator need not respond. however, if indeed the market demand has gone up or down from last year's level, then the operator has the option of filling out an optional market demand forecast form that will override the Commission's estimate. That is the first significant change in the new rules.

• OSTI ID: 6314678
• Report Number(s): CONF-9206355-; CODEN: IOCBAV
• Journal Information: Interstate Oil Compact Commission Committee Bulletin; (United States), Vol. 6:1; Conference: 1992 midyear meeting of the Interstate Oil and Gas Compact Commission, Wichita, KS (United States), 21-24 Jun 1992; ISSN 0020-9732
• Country of Publication: United States
• Language: English

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