If you have a gas well producing 6200mcf a day with 35% NGL'S and 15% Oil how many barrels of NGL and Oil would you end up with?
It should be broken out by product code on your royalty check.
You need to identify the well(s) in question. There should be a report that shows the break up of the gas. The natural gas would be the methane and a GPM for all of the other products. Oil would be reported separate from the gas.
Thanks Guys! Just need to wait.
My gas condensates are not broken into GPM. I do get around $9.00 mmbtu to $12.00 on wells in Lincoln County, OK. The methane is at market price on many wells in other counties. Of course, the oil is another column on the statement. It is a rip off since some wells produce liquids that exceed premium gasoline. It fires at a uniform temperature.
Tom