Crude Oil Prices


Effective 7:00 a.m., on the date(s) shown below, subject to change without notice, Ergon Oil Purchasing will pay to Producers the following prices per barrel of 42 U.S. gallons for merchantable oil delivered to its account, by its authorized receiving/transportation agents.

Effective April 1st, 2013 Ergon Oil Purchasing has changed their Crude Oil volume requirements and gravity ranges

Crude Prices - Ergon Oil Purchasing - Appalachian Basin

Effective Date

2024-03-28

Bulletin Number

24-061

Tier 1

Ohio/Pennsylvania/New York

150.00 plus net barrels of crude oil from one tank battery B.S.&W. 2.5% or less

$82.17


Tier 2

Ohio/Pennsylvania/New York

60.00-149.99 net barrels of crude oil from one tank battery

$79.17


Tier 3

Ohio/Pennsylvania/New York

30.00-59.99 net barrels of crude oil from one tank battery

$77.17


Tier 1

West Virginia

150.00 plus net barrels of crude oil from one tank battery B.S.&W. 2.5% or less

$82.17


Tier 2

West Virginia

60-149.99 net barrels of crude oil from one tank battery

$79.17


Tier 3

West Virginia

30.00-59.99 net barrels of crude oil from one tank battery

$77.17


Effective Date

2024-03-28

Bulletin Number

24-061

Kentucky

35-45 API Gravity

B.S.&W. 1% or less

Pricing per barrel delivered into Ergon – Ironton terminal

$83.17


Effective Date

2024-03-28

Bulletin Number

24-061

Marcellus - Utica Medium

38.0-49.9 API Gravity

150.00 plus net barrels of crude oil from one tank battery B.S.&W. 2.5% or less

$82.17


Marcellus - Utica Light

50.00-59.9 API Gravity

150.00 plus net barrels of crude oil from one tank battery B.S.&W. 1% or less

$73.17


Marcellus - Utica Condensate (Formerly ALS)

60.0 API Gravity and above

150.00 plus net barrels of crude oil from one tank battery B.S.&W. 1% or less

Reid Vapor Pressure limited to a maximum of 12.5

$64.17


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