Volumes, price and distributable income available to unitholders for the period were (dollars in thousands, except per unit):

Sales Volumes  
Oil (MBbl) (1) 346
Gas (MMcf) 91
Combined (MBoe) 362
Average Price
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
Revenues
Royalty income $ 32,373
Derivative settlements 272
Expenses   2,104
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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