Definition of Wellhead price

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TeachMeFinance.com - explain Wellhead price



Wellhead price

The term 'Wellhead price' as it applies to the area of energy can be defined as ' The value at the mouth of the well. In general, the wellhead price is considered to be the sales price obtainable from a third party in an arm's length transaction. Posted prices, requested prices, or prices as defined by lease agreements, contracts, or tax regulations should be used where applicable'.

Previous 5 Terms:
Well field
Well graded
well mixed estuary
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Wellhead
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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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