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These excerpts taken from the DVN 10-K filed Feb 27, 2009. Natural
Gas Marketing
Our gas production is also sold under both long-term and
short-term agreements at prices negotiated with third parties.
Although exact percentages vary daily, as of February 2009,
approximately 75% of our gas production was sold under
short-term contracts at variable or market-sensitive prices.
These market-sensitive sales are referred to as “spot
market” sales. Another 24% of our production was committed
under various long-term contracts, which dedicate the gas to a
purchaser for an extended period of time, but still at market
sensitive prices. The remaining 1% of our gas production was
sold under long-term, fixed-price contracts.
Table of Contents
Natural
Gas Marketing
Our gas production is also sold under both long-term and
short-term agreements at prices negotiated with third parties.
Although exact percentages vary daily, as of February 2009,
approximately 75% of our gas production was sold under
short-term contracts at variable or market-sensitive prices.
These market-sensitive sales are referred to as “spot
market” sales. Another 24% of our production was committed
under various long-term contracts, which dedicate the gas to a
purchaser for an extended period of time, but still at market
sensitive prices. The remaining 1% of our gas production was
sold under long-term, fixed-price contracts.
Table of Contents
Natural Gas Marketing Our gas production is also sold under both long-term and short-term agreements at prices negotiated with third parties. Although exact percentages vary daily, as of February 2009, approximately 75% of our gas production was sold under short-term contracts at variable or market-sensitive prices. These market-sensitive sales are referred to as “spot market” sales. Another 24% of our production was committed under various long-term contracts, which dedicate the gas to a purchaser for an extended period of time, but still at market sensitive prices. The remaining 1% of our gas production was sold under long-term, fixed-price contracts.
Table of ContentsNatural Gas Marketing Our gas production is also sold under both long-term and short-term agreements at prices negotiated with third parties. Although exact percentages vary daily, as of February 2009, approximately 75% of our gas production was sold under short-term contracts at variable or market-sensitive prices. These market-sensitive sales are referred to as “spot market” sales. Another 24% of our production was committed under various long-term contracts, which dedicate the gas to a purchaser for an extended period of time, but still at market sensitive prices. The remaining 1% of our gas production was sold under long-term, fixed-price contracts.
Table of ContentsThese excerpts taken from the DVN 10-K filed Jun 9, 2008. Natural
Gas Marketing
Our gas production is also sold under both long-term and
short-term agreements at prices negotiated with third parties.
Although exact percentages vary daily, as of February 2008,
approximately 81% of our natural gas production was sold under
short-term contracts at variable or market-sensitive prices.
These market-sensitive sales are referred to as “spot
market” sales. Another 17% of our production was committed
under various long-term
Table of Contents
contracts, which dedicate the natural gas to a purchaser for an
extended period of time but still at market sensitive prices.
The remaining 2% of our gas production was sold under long-term
fixed price contracts.
Natural Gas Marketing Our gas production is also sold under both long-term and short-term agreements at prices negotiated with third parties. Although exact percentages vary daily, as of February 2008, approximately 81% of our natural gas production was sold under short-term contracts at variable or market-sensitive prices. These market-sensitive sales are referred to as “spot market” sales. Another 17% of our production was committed under various long-term
Table of Contentscontracts, which dedicate the natural gas to a purchaser for an extended period of time but still at market sensitive prices. The remaining 2% of our gas production was sold under long-term fixed price contracts. These excerpts taken from the DVN 10-K filed Feb 28, 2008. Natural
Gas Marketing
Our gas production is also sold under both long-term and
short-term agreements at prices negotiated with third parties.
Although exact percentages vary daily, as of February 2008,
approximately 81% of our natural gas production was sold under
short-term contracts at variable or market-sensitive prices.
These market-sensitive sales are referred to as “spot
market” sales. Another 17% of our production was committed
under various long-term
Table of Contents
contracts, which dedicate the natural gas to a purchaser for an
extended period of time but still at market sensitive prices.
The remaining 2% of our gas production was sold under long-term
fixed price contracts.
Natural Gas Marketing Our gas production is also sold under both long-term and short-term agreements at prices negotiated with third parties. Although exact percentages vary daily, as of February 2008, approximately 81% of our natural gas production was sold under short-term contracts at variable or market-sensitive prices. These market-sensitive sales are referred to as “spot market” sales. Another 17% of our production was committed under various long-term
Table of Contentscontracts, which dedicate the natural gas to a purchaser for an extended period of time but still at market sensitive prices. The remaining 2% of our gas production was sold under long-term fixed price contracts. This excerpt taken from the DVN 10-K filed Feb 28, 2007. Natural
Gas Marketing
Our gas production is also sold under both long-term and
short-term agreements at prices negotiated with third parties.
Although exact percentages vary daily, as of February 2007,
approximately 75% of our natural gas production was sold under
short-term contracts at variable or market-sensitive prices.
These market-sensitive sales are referred to as “spot
market” sales. Another 23% of our production was committed
under various long-term contracts which dedicate the natural gas
to a purchaser for an extended period of time but still at
market sensitive prices. Our remaining gas production was sold
under long-term fixed price contracts.
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