NYMEX Prices definition

NYMEX Prices means, as of any date of determination, the forward month prices for the most comparable hydrocarbon commodity applicable to such future production month for a five year period (or such shorter period if forward month prices are not quoted for a reasonably comparable hydrocarbon commodity for the full five year period), with such prices held constant thereafter based on the last quoted forward month price of such period, as such prices are (i) quoted on the New York Mercantile Exchange (or its successor) as of a date within 30 days of the date of determination and (ii) adjusted for energy content, quality and basis differentials; provided that with respect to estimated future production for which prices are defined, within the meaning of SEC guidelines, by contractual arrangements excluding escalations based upon future conditions, then such contract prices shall be applied to future production subject to such arrangements.
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NYMEX Prices means, as of any date of determination, the forward month prices for the most comparable hydrocarbon commodity applicable to such future production month for a sixty (60) month period (or such shorter period if forward month prices are not quoted for a reasonably comparable hydrocarbon commodity for the full sixty month period), with such prices held constant thereafter using at a price equal to the average of prices between the forty ninth (49th) month and sixtieth (60th) month, as such prices are (A) quoted on the NYMEX (or its successor) calculated as of a date not more than five (5) days prior to the date of determination and (B) adjusted for energy content, quality and basis differentials; provided that with respect to estimated future production for which prices are defined, within the meaning of SEC guidelines, by contractual arrangements excluding escalation based upon future conditions, then contract prices shall be applied to future production subject to such arrangements.
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NYMEX Prices means, as of any date of determination, the forward month prices for the most comparable hydrocarbon commodity applicable to such future production month for a sixty (60) month period (or such shorter period if forward month prices are not quoted for a reasonably comparable hydrocarbon commodity for the full sixty (60) month period), with such prices increased by five percent (5%) of the last quoted forward month price of such period for the sixty first (61st) month and then held constant thereafter, as such prices are (a) quoted on the NYMEX (or its successor) calculated as of a date not more than thirty (30) days prior to the date of determination (the “calculation date”) and (b) adjusted for energy content, quality and basis differentials; provided that with respect to estimated future production for which prices are defined, within the meaning of SEC guidelines, by contractual arrangements excluding escalations based upon future conditions, then such contract prices shall be applied to future production subject to such arrangements.
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Examples of NYMEX Prices in a sentence

  • Implied Premiums (Levelized NYMEX Prices – Levelized EIA Gas Forecast) 30Table 4.

  • PaymentIn consideration of the Services performed by the Consultant under this Contract, the IITB shall make to the Consultant such payments and in such manner as is provided by Milestones of deliverables for Payments and as per provisions and compliance of Appendix 'B'.Service tax will be paid by IITB as / if applicable.3. Payments to the Consultanta.

  • Exhibit 11: NYMEX Prices for the Henry Hub Natural Gas Contract As can be seen above, the forward expectation of natural gas prices last year was below the current 2 year average and since last January, this expectation has since gone up two thirds (or more in certain months) for the prompt 12-month period.

  • Average NYMEX Prices (1)2023 2022 2021 2021 WTI Oil (per Bbl)$77.58 $ 94.90 $ 68.14 $ 65.97Natural Gas (per MMBtu) 2.53 6.45 3.89 3.79(1) Based on a simple average of daily NYMEX closing prices.The average calendar 2023 WTI oil price was $77.58 per Bbl or 18% lower than the average WTI price per Bbl in calendar 2022.

  • In addition to the town centre, the Local Plan seeks to strengthen and maintain the role of Harlow’s Neighbourhood Centres and Hatches by improving the range and quality of facilities and retaining key facilities.

  • Correspondingly, the next chart shows the relationship between a one-year strip of Off-Peak NYMEX Prices and Northern Illinois Spot Prices.

  • E&P and Gathering Significant Appalachian Acreage Position >1,000 Economic Drilling Locations (1) at $3.50 NYMEX Prices ü Decades of highly-economic inventory (~35 wells per year at current 2-rig pace) ü Large, contiguous acreage position, driving increased capital efficiency § >50% undeveloped acreage ü Development supported by wholly-owned gathering infrastructure, enhancing returns (1) Drilling locations with expected consolidated Exploration & Production and Gathering segments pre-tax IRR’s at 25%.

  • Graph 9 illustrates that speculators started to lose their interest in setting long positions in the marker since March 2016, when the industry was experiencing the most turbulent times due to the dramatic fall in oil prices.Graph 10: Crude Oil WTI (NYMEX) Prices Source: Nasdaq, 2016Graph 11 projects the numbers of open Short positions for the same type of crude oil at NYME.

  • Figure 4: Natural Gas Historic NYMEX Prices The following table indicates the changes in avoided costs per MMBtu (All C&I) by comparing the avoided cost estimates for gas utilities in Northern and Central New England from the 2009 and 2011 AESC Reports.

  • On a weekly basis, Contractor shall provide each Energy Purchaser, or the agent designated by the Energy Purchaser, market information regarding the NYMEX Prices including, without limitation, forward month prices, monthly settlement price, and index pricing.


More Definitions of NYMEX Prices

NYMEX Prices means, as of any date of determination, the forward month prices for the most comparable hydrocarbon commodity applicable to such future production month for a sixty month period (or such shorter period if forward month prices are not quoted for a reasonably comparable hydrocarbon commodity for the full sixty month period), with such prices increased by five percent of the last quoted forward month price of such period for the sixty first month and then held constant thereafter, as such prices are (a) quoted on the NYMEX (or its successor) as of the calculation date (as defined in the definition of Modified ACNTA) and (b) adjusted for energy content, quality and basis differentials; provided that with respect to estimated future production for which prices are defined, within the meaning of SEC guidelines, by contractual arrangements excluding escalations based upon future conditions, then such contract prices shall be applied to future production subject to such arrangements.
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NYMEX Prices means, as of any date of determination, the forward month prices for the most comparable hydrocarbon commodity applicable to such future production 42 EXCO Resources, Inc.
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NYMEX Prices means, as of any date of determination, the forward month prices for the most comparable hydrocarbon commodity applicable to such future production month for a five year period
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Related to NYMEX Prices

  • Index Price on a given date means the weighted average (weighted in accordance with the factors listed above) of the closing prices of the companies comprising the Index Group.

  • Retail Prices Index means the general index (for all items) published by the Office for National Statistics or, if that index is not published for a relevant month, any substituted index or index figures published by that Office;

  • Final Index Price means the average of the closing price of the Index on each of ten (10) consecutive trading days immediately preceding the Determination Date.

  • Prices includes all applicable taxes less all unconditional discounts;

  • NYMEX means the New York Mercantile Exchange.

  • Average Market Price means, with respect to any security, the arithmetic average of the Market Price of such security for the 15 consecutive trading day period ending on and including the trading day immediately preceding the determination date.

  • Current Market Price shall have the meaning set forth in Section 11(d) hereof.

  • Supply Price has the meaning set forth in Section 6.2.

  • Average Wholesale Price or “AWP” means the wholesale price charged on a specific commodity that is assigned by the drug manufacturer and is listed in a nationally-recognized drug pricing file.

  • CPI Index means the United States Department of Labor, Bureau of Labor Statistics Consumer Price Index for All Urban Consumers, U.S. City Average, “All Items” (1982-84 = 100), or any successor index thereof as such successor index may be appropriately adjusted to establish substantial equivalence with the Consumer Price Index; provided that if the Consumer Price Index ceases to be published and there is no successor thereto, such other index as the Company shall designate in writing to the Trustee shall be substituted for the Consumer Price Index.

  • SAFE Price means the price per share equal to (x) the Valuation Cap divided by (y) the Fully Diluted Capitalization.