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Federal Gas Index Option

The information provided on this page should only be used in accordance with the Federal non-arm's-length gas valuation regulations as described in 30 CFR Parts §§ 1206.141(c) and 1206.142(d) when selecting the Index-based option.

Products

Natural Gas

Approved Publications:

  • Platts Inside FERC’s Gas Market Report
  • Natural Gas Intelligence Bidweek Survey
  • Argus Natural Gas Americas

ONRR will exclude any natural gas index if it does not meet the following criteria as provided in the approved publications:

  • Volume must be at or greater than 25,000 MMBtu/day and at least five trades in each individual month
  • This criteria must be met for seven out of twelve of the months of the year preceding election

Questions

If you have questions regarding this information, please send an email to emaorequests@onrr.gov.

NGLs

Approved Publications:

  • Platts Oilgram Price Report Price Average Supplement
  • Oil Price Information Service (OPIS)

Theoretical processing allowances and T&F fees for use in non-arm's length NGL reporting under the Index Option for processed gas:

Allowance & Fee GOM New Mexico Other Areas
Processing Allowance 10¢ / gal 15¢ / gal 15¢ / gal
T&F Fee 5¢ / gal 7¢ / gal 12¢ / gal
Total 15¢ / gal 22¢ / gal 27¢ / gal