June so far5 Jun 2026 23:29
June 2026 so far:
01/06 → 1,981,738 kWh → ~67.7k therms/day
02/06 → 2,000,000 kWh → ~68.3k therms/day
03/06 → 1,927,302 kWh → ~65.8k therms/day
04/06 → 2,020,000 kWh → ~69.0k therms/day
Average so far:
~67.7k therms/day
June hedge price:
~127p/therm
Average June UK gas price so far:
~117–118p/therm
The March hedge book implied forecast production of roughly ~64k therms/day, so June is currently running around ~5–6% above that implied level.
Allowing for the recent production pattern — high-flow plateau followed by occasional low-volume/interruption-style days — I would expect one lower-volume event potentially around early-to-mid June if the May pattern repeats. Factoring in a sensible allowance for that, a realistic projected June average looks around:
~65k–66k therms/day
Projected June gas production:
~1.95m–2.0m therms
Using the 127p June hedge on the hedged portion and ~117–118p spot on the unhedged portion, estimated June gross gas revenue looks broadly around:
~£2.35m–£2.45m
Estimated condensate contribution:
~£250k–£350k
Estimated total June gross field revenue:
~£2.6m–£2.8m
That is gross revenue, not profit, but it still suggests June is currently tracking very well against the hedge assumptions.