Reserves Basis Oil and Gas Prices

Click on the links to display a chart of 2017 and 2018 oil and gas prices, annual average (SEC basis),  and quarterly futures prices:

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• Brent

  • 2018​ US$ 71.75/Bbl

  • 2017 US$ 54.47/Bbl

• WTI

  • 2018​ US$ 65.66/Bbl

  • 2017 US$ 51.03/Bbl

• Brent-WTI Differential

  • 2018​ US$ 6.09/Bbl

  • 2017 US$ 3.44/Bbl

• Henry Hub 

  • 2018​ US$ 3.33/MMBtu

  • 2017 US$ 2.97/MMBtu

• NBP 

  • 2018​ 59.62 pence/Therm

  • 2017 45.06 pence/Therm

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Notes:

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1. Historic oil and gas prices from EIA

2. Average price calculated from EIA price on first day reported each month in year for Brent, WTI and Henry Hub; NBP from Ofgem monthly average and Ulysses estimate

3. Futures prices from ICE, except Henry Hub (CME)