ONRR 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.


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


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

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