# Wellhead price OIl & Gas
**URL:** https://www.mineralrightsforum.com/t/wellhead-price-oil-gas/71220
**Category:** Tyler County, WV
**Created:** [June 14, 2023, 1:32pm UTC](https://www.mineralrightsforum.com/t/wellhead-price-oil-gas/71220 "2023-06-14T13:32:15Z")
**Posts on this page:** 7
**Page:** 1
### Author:  [@Ron01](https://www.mineralrightsforum.com/u/Ron01)
#### Post date: [June 14, 2023, 1:32pm UTC](https://www.mineralrightsforum.com/t/wellhead-price-oil-gas/71220/1 "2023-06-14T13:32:15Z")
How does Antero come up with the ever-changing monthly oil/gas wellhead pricing paid to their royalty owners? I know it’s market driven just curious how they reach that number listed on the royalty statement. Thank you.
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### Author:  [@Kyle\_Nuttall](https://www.mineralrightsforum.com/u/Kyle_Nuttall)
#### Post date: [June 19, 2023, 7:26pm UTC](https://www.mineralrightsforum.com/t/wellhead-price-oil-gas/71220/2 "2023-06-19T19:26:15Z")
I’ll bet there aren’t more than a handful of people at Antero that actually know how they come up with that number. In general, it’s a formula that includes the weighted average of daily sales prices (the price that they sell gas at changes every day, and maybe even during the day), the amount of costs that they can deduct, the type of gas they sell (methane, ethane, pentane, propane, butane, etc., all come out of the same well but have different values), how much they sell, and who they sell it to (different buyers will pay different prices). The price they get varies daily because of supply and demand forces, which are influenced by the weather, logistical restraints (LNG plants closing and opening, power plants doing the same, pipeline availability, the contracts that different gas producers have with the pipeline companies, and all kinds of other things) as well as stock market speculation. Honestly, you could spend a lot of time researching this. Start searching the things I’ve listed here and you’ll have a good start.
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### Author:  [@Ron01](https://www.mineralrightsforum.com/u/Ron01)
#### Post date: [June 20, 2023, 4:44pm UTC](https://www.mineralrightsforum.com/t/wellhead-price-oil-gas/71220/3 "2023-06-20T16:44:44Z")
Thank you for your response Kyle. It gives me some insight, also a place to start.
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### Author:  [@KRiddle](https://www.mineralrightsforum.com/u/KRiddle)
#### Post date: [July 20, 2023, 5:00pm UTC](https://www.mineralrightsforum.com/t/wellhead-price-oil-gas/71220/4 "2023-07-20T17:00:23Z")
How about the index Antero wants to use to pay you? We want wellhead volume at selling price, not the index price they want to use. Will we be successful?
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### Author:  [@Kyle\_Nuttall](https://www.mineralrightsforum.com/u/Kyle_Nuttall)
#### Post date: [July 21, 2023, 4:36pm UTC](https://www.mineralrightsforum.com/t/wellhead-price-oil-gas/71220/5 "2023-07-21T16:36:24Z")
Absolutely try for that. I won’t be surprised if they say no. They’ve recently changed the language that they add to the lease when we ask for gross proceeds, and they’re adamant that we use that specific language. A year ago, they would have been more flexible. Right now, they are insisting on their specific language.
That said, most of my clients have small net mineral interests, so they don’t have a lot of negotiating leverage. If you have a lot of minerals, you might have better luck than we have so far.
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### Author:  [@KRiddle](https://www.mineralrightsforum.com/u/KRiddle)
#### Post date: [July 21, 2023, 5:43pm UTC](https://www.mineralrightsforum.com/t/wellhead-price-oil-gas/71220/6 "2023-07-21T17:43:10Z")
Thank you for the reply.
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [September 12, 2023, 1:32pm UTC](https://www.mineralrightsforum.com/t/wellhead-price-oil-gas/71220/7 "2023-09-12T13:32:27Z")
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