gas floor

gas floor

[′gas ‚flȯr]
(geology)
In a sedimentary basin, the depth below which there is no economic accumulation of gaseous hydrocarbons.
References in periodicals archive ?
From a small countertop unit to a 56chicken-capacity gas floor model, we cover all types of productions.
Oil Swap, Gas Floor, Gas Cap, Year $/bbl $/mmbtu $/mmbtu 2008 $80.
Currently, 81% of anticipated second half 2007 gas production is hedged at a weighted average gas floor of $8.
PARALLEL PETROLEUM CORPORATION HEDGING INFORMATION (1) PUTS: Houston Ship Channel Gas MMBTU of Price Fair Market Period of Time Natural Gas Floor Value ($ in thousands) Apr 1, 2006 thru Oct 31, 2006 642,000 $7.
PARALLEL PETROLEUM CORPORATION HEDGING INFORMATION(a) PUTS: Houston Ship Channel MMBTU of Gas Price Natural Period of Time Gas Floor April 1, 2006 thru Oct 31, 2006 214,000 $5.
PARALLEL PETROLEUM CORPORATION HEDGING INFORMATION (a) COSTLESS COLLARS: Houston Ship NYMEX Channel Barrels Oil Prices MMBTU of Gas Prices of Natural Period of Time Oil Floor Cap Gas Floor Cap Apr 1, 2005 thru Oct 31, 2005 - - - 428,000 $5.
PARALLEL PETROLEUM CORPORATION HEDGING INFORMATION COSTLESS COLLARS: Houston Ship NYMEX Channel Oil Prices MMBTU of Gas Prices Barrels of Natural Period of Time Oil Floor Cap Gas Floor Cap 2004 remainder(a) -- -- -- 31,000 $4.
PARALLEL PETROLEUM CORPORATION HEDGING INFORMATION COSTLESS COLLARS: Houston Ship Channel Gas Price MMBTU Period of Time Natural Gas Floor Cap 2004 remainder (a) 123,000 $4.
Houston Ship Channel MMBtu of gas prices Period of Time Natural Gas Floor Cap April thru October 2003 642,000 $4.
Swift Energy has purchased natural gas floors that will cover more than 60% of its currently expected second quarter 2010 natural gas production at an average NYMEX strike price of $4.
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 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.