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

   
Sales Volumes
Oil (MBbl) (1) 369
Gas (MMcf) 104
Combined (MBoe) 386
Average Price
Oil (per Bbl) (1) $ 89.44
Gas (per Mcf) $ 1.73

Average Price - including impact of derivative settlements and post-production expenses
Oil (per Bbl) (1) $ 90.00
Gas (per Mcf) $ 1.49
Revenues
Royalty income $ 33,192
Derivative settlements 206
Expenses   3,251
Distributable income available to unitholders $ 30,147
Distributable income per unit (52,500,000 units issued and outstanding) $ 0.574232
(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 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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