Crude Oil Price Bulletin

Effective 7:00 A.M. on dates indicated below, subject to change without notice and subject to the terms of its Division Orders, Countrymark Refining and Logistics, LLC (hereinafter CountryMark) will pay per barrel for merchantable crude oil purchased from the operator’s lease tank and delivered to CountryMark, or its authorized agent.

Effective January 1, 2025 $64.72 Effective January 16, 2025 $71.68
Effective January 2, 2025 $66.13 Effective January 17, 2025 $70.88
Effective January 3, 2025 $66.96 Effective January 21, 2025 $68.89
Effective January 6, 2025 $66.56 Effective January 22, 2025 $68.44
Effective January 7, 2025 $67.25 Effective January 23, 2025 $67.62
Effective January 8, 2025 $66.32 Effective January 24, 2025 $67.66
Effective January 9, 2025 $66.92 Effective January 27, 2025 $66.17
Effective January 10, 2025 $69.57 Effective January 28, 2025 $66.77
Effective January 13, 2025 $71.82 Effective January 29, 2025 $65.62
Effective January 14, 2025 $70.50 Effective January 30, 2025 $65.73
Effective January 15, 2025 $73.04 Effective January 31, 2025 $65.53

The average posted price for the month of January was $68.2516.
The average NYMEX price for the month of January was $75.2516.

(40 – 30 Gravity Flat) (Below 30 $.015 per .1)

Quantities purchased will be computed on 100% tank tables or mutually acceptable automatic measuring equipment, corrected to 60 degrees temperature, with full deduction for B.S. & W. content.

CountryMark will not accept crude oil containing halogenated, chlorinated or oxygenated organic compounds (such as but not limited to Carbon Tetrachloride, 1, 1 Dichloroethane, Trichloroethane or Tetrachloroethane, Isopropyl Alcohol, Ethyl Alcohol, Methanol, Glycol, Acetone). These and like compounds may cause severe equipment damage in the refinery.

Contamination usually occurs when a producer uses one of these chemicals in treating wells, flow lines and lease tankage to remove paraffin buildup. A small volume of crude contaminated with oxygenated or halogenated compounds can render large volumes of crude almost valueless. Any seller delivering crude oil to CountryMark containing such contaminant will be held liable for all damages resulting from that delivery.

 

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