Did you get enough for your crude oil?

Dawson County

The first graph (Price differentials and number of operators) shows the number of operators which fall into each price difference range. In the Dawson County example, three operators averaged about 60 cents below the expected price.

Price differentials and number of operators

The second graph (Price differentials and production volume) shows the volume of oil associated with each price difference range. The total annual volume for the three operators averaging 60 cents below the expected market price in Dawson County was about 1,400,000 barrels in 1994.

Price differentials and production volume

The final graph is a combination of the first two graphs.

Price differentials, number of operators and production volume