Annual average (SEC basis, first of month) 2020 oil and gas prices, and quarterly futures prices for years 2021 – 2029 :
- Brent
-
- 2020 US$ 42.25/Bbl
- 2019 US$ 62.82/Bbl
- 2018 US$ 71.75/Bbl
- 2017 US$ 54.47/Bbl
- WTI
-
- 2020 US$ 39.72/Bbl
- 2019 US$ 56.99/Bbl
- 2018 US$ 65.66/Bbl
- 2017 US$ 51.03/Bbl
- Brent-WTI Differential
-
- 2020 US$ 2.53/Bbl
- 2019 US$ 7.17/Bbl
- 2018 US$ 6.09/Bbl
- 2017 US$ 3.44/Bbl
- Henry Hub
-
- 2020 US$ 1.97/MMBtu
- 2019 US$ 2.60/MMBtu
- 2018 US$ 3.33/MMBtu
- 2017 US$ 2.97/MMBtu
- NBP
-
- 2020 25.00 pence/Therm*
- 2019 34.71 pence/Therm
- 2018 60.36 pence/Therm
- 2017 45.06 pence/Therm
Notes:
- Historic oil and gas prices from EIA, Ofgem
- Average price for 2017 – 2020 calculated from EIA price on first day reported each month in year for Brent, WTI and Henry Hub; NBP from Ofgem monthly average
- NBP average is indicative due to lag in price data
- Futures prices from ICE, except Henry Hub (CME)
- PRMS basis prices may vary from company to company as these allow for forecast prices
(c) Ulysses Petroleum Management
