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gas floor

    0.01 sec.
gas floor [′gas ‚flȯr]
(geology)
In a sedimentary basin, the depth below which there is no economic accumulation of gaseous hydrocarbons.
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Price Risk Management Swift Energy has purchased natural gas floors that will cover 600,000 MMbtu per month of its first quarter 2010 natural gas production at an average NYMEX strike price of $4.
Swift Energy Announces Third Quarter 2009 Results: Earnings of $7.6 ... by Business Wire
Price Risk Management Swift Energy has purchased natural gas floors that cover approximately 58% to 61% of its currently expected third quarter 2008 natural gas production at an average NYMEX strike price of $9.
Swift Energy Announces Second Quarter 2008 Results: by Business Wire
Price Risk Management Swift Energy has purchased natural gas floors that cover approximately 45% to 50% of its currently expected second quarter 2008 domestic natural gas production at an average NYMEX strike price of $7.
Swift Energy Announces First Quarter 2008 Results: by Business Wire
 
 
 
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