Volumes, price and distributable income available to unitholders for the period were (dollars in thousands, except per unit):
|Oil (MBbl) (1)||346|
|Oil (per Bbl) (1)||$||92.81|
|Gas (per Mcf)||$||2.43|
|Average Price - including impact of derivative settlements and post-production expenses|
|Oil (per Bbl) (1)||$||93.60|
|Gas (per Mcf)||$||2.16|
|Distributable income available to unitholders||$||30,541|
|Distributable income per unit (52,500,000 units issued and outstanding)||$||0.581742|
|(1)||Includes natural gas liquids.|
In addition to the initial producing wells, SandRidge, pursuant to a development agreement with the Trust, is obligated to drill, or cause to be drilled, the equivalent of 888 development wells, determined by reference to SandRidge’s net revenue interest in a well, in an area of mutual interest on or before March 31, 2015. In the event of delays, SandRidge will have until March 31, 2016 to fulfill its drilling obligation.
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