# Calculating Price Per Barrel

**URL:** https://www.mineralrightsforum.com/t/calculating-price-per-barrel/28470
**Category:** Royalty Statements
**Created:** [June 24, 2018, 11:26pm UTC](https://www.mineralrightsforum.com/t/calculating-price-per-barrel/28470 "2018-06-24T23:26:00Z")
**Posts on this page:** 3
**Page:** 1

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### Author: ![Susan\_Van\_Siclen](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/s/b5e925/32.png) [@Susan\_Van\_Siclen](https://www.mineralrightsforum.com/u/Susan_Van_Siclen)
#### Post date: [June 24, 2018, 11:26pm UTC](https://www.mineralrightsforum.com/t/calculating-price-per-barrel/28470/1 "2018-06-24T23:26:00Z")

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How does my producer calculate the price per barrel on my royalty statement? Is it based on an average price for that month? Or the price on the day the sales transaction took place? Or…?

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### Author: ![TennisDaze](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/t/dbc845/32.png) [@TennisDaze](https://www.mineralrightsforum.com/u/TennisDaze)
#### Post date: [June 25, 2018, 4:58am UTC](https://www.mineralrightsforum.com/t/calculating-price-per-barrel/28470/2 "2018-06-25T04:58:32Z")

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In general, it is an average price over the month which is calculated under the terms of a contract between the operator and the purchaser. There are also factors such as demand at Cushing, Oklahoma that can affect the price.

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### Author: ![MRFAdmin\_SV](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/e0b2c6/32.png) [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 7:10pm UTC](https://www.mineralrightsforum.com/t/calculating-price-per-barrel/28470/3 "2025-01-11T19:10:54Z")

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