Natural gas production, proration and markets
Conference
·
· Interstate Oil Compact Commission Committee Bulletin; (United States)
OSTI ID:6314678
- 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--
- Conference Information:
- Journal Name: Interstate Oil Compact Commission Committee Bulletin; (United States) Journal Volume: 6:1
- Country of Publication:
- United States
- Language:
- English
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030300* -- Natural Gas-- Drilling
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Production
& Processing
ALLOCATIONS
DEVELOPED COUNTRIES
ENERGY SOURCES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
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INDUSTRY
MARKETING
MINERAL RESOURCES
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REGULATIONS
RESOURCES
SUPPLY AND DEMAND
TEXAS
USA