11/16/2015
Market Area Monthly Index Price (November 2014 – October 2015)
DOLLAR VALUATION MONTHLY INDEX PRICE (MIP)
MONTH,YEAR
High MIP
Low MIP
Average MIP
November 2014
$4.7604
$3.6789
$4.2347
December 2014
$3.6789
$2.8371
$3.4208
January 2015
$3.3679
$2.5804
$2.9136
February 2015
$6.2571
$2.5804
$3.8136
March 2015
$3.4007
$2.4486
$2.7193
April 2015
$2.6804
$2.4396
$2.5231
May 2015
$2.8493
$2.4296
$2.6783
June 2015
$2.7275
$2.4296
$2.6408
July 2015
$2.8786
$2.6739
$2.8027
August 2015
$2.8829
$2.6557
$2.7564
September 2015
$2.6904
$2.4293
$2.6033
October 2015
$2.4164
$2.0979
$2.2800
MIP Revision Notice – Effective November 2003
Determination of Monthly Index Prices (MIPs)
The high, low and average Index Prices for the Market Area Index Price, the Field Area
Index Price, and the Gulf Coast Index Price shall be determined each month using the
quoted spot gas price at price discovery points as appearing in "Gas Daily," as provided
below.
(i) Monthly Index Prices will be determined using a five-week period. The five-week period
is defined as beginning on the first Tuesday of the calendar month for which the MIP is
being established and ending on the first or second Monday of the following month,
whichever is applicable, to arrive at a five-week period. The MIP will be calculated based on
a 7-day week.
(ii) Market Area Monthly Index Prices (Market Area MIP)
a. The High Market Area Monthly Index Price (High Market Area MIP) shall equal
the arithmetic average of the highest average weekly price occurring within
each five-week period at Northern-Demarcation and Northern-Ventura.
b. The Low Market Area Monthly Index Price (Low Market Area MIP) shall equal
the arithmetic average of the lowest average weekly price within each fiveweek period at Northern-Demarcation and Northern-Ventura.
c. The Average Market Area Monthly Index Price (Average Market Area MIP) shall
equal the arithmetic average of the five average weekly prices at NorthernDemarcation and Northern-Ventura.