Volumes, price and distributable income available to unitholders for the period were (dollars in thousands, except per unit):
|Oil (MBbl) (1)||154|
|Oil (per Bbl) (1)||$||83.66|
|Gas (per Mcf)||$||2.98|
|Average Price - including impact of derivative settlements and post-production expenses|
|Oil (per Bbl) (1)||$||95.46|
|Gas (per Mcf)||$||3.13|
|Distributable income available to unitholders||$||19,126|
|Distributable income per unit (28,000,000 units issued and outstanding)||$||0.683076|
|(1)||Includes natural gas liquids.|
In addition to wells that were producing at the effective date of the assignment of the royalty interests to the Trust, SandRidge, pursuant to a development agreement with the Trust, is obligated to drill, or cause to be drilled, the equivalent of 123 development wells, determined by reference to SandRidge’s net revenue interest in a well and the perforated length of the well, in an area of mutual interest by December 31, 2015.
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