During the Q4, our netback
in the Eagle Ford of C$30.
The international oil and gas company has established high netback
production, development and exploration assets, including production infrastructure in New Zealand and Australia.
The company also highlights its Irish operation pays "no royalties" and has "low operational expenditure", which all translates to high netback
and significant free cash flow.
Platts assesses FOB Novorossiisk Aframax cargoes as a freight netback
to the CIF-delivered Rotterdam Urals market, using the Baltic to UK-Continent 100,000 mt freight route to calculate the Urals value back to its loading point at the Russian Baltic ports of Ust-Luga and Primorsk.
According to Torc, the strategic acquisition includes over 1,550 boepd (94% light oil and liquids) of high quality, low decline, strong netback
, light oil producing assets.
According to preliminary estimates netback
of crude oil supplied to the Russia is lower than netbacks
of crude oil exported via UAS and CPC routes.
The new coverage includes Gladstone netback
pricing, designed to provide an indicative reference point for the value of LNG fob cargoes traded at Gladstone.
In April, the government will review its new draft socio-economic development strategy for the period to 2030, which assumes much slower domestic gas tariff growth than the current 15%, with the netback
price linked to European and US spot market prices rather than Gazprom's ex port pri ces.
In regards to North Dakota and the Bakken play, PIRA believes that rail is likely to provide a better Bakken netback
than pipelines in the near term, driven by a continuing WTI discount to LLS combined with a Canadian/ Bakken discount to WTI.
The larger inventory of high netback
light oil opportunities of the combined asset base enables us to high grade our investment opportunities.
The race for netback
pricing in OPEC led to a price war among the members, particularly between Iran and Saudi Arabia.
88 a barrel on Thursday, according to netback
calculations by Bloomberg and EnSys Energy.