Texas Supreme Court rules on post-production costs, royalty payments

Jul
5
2016

Producers calculate oil and gas royalties using a relatively straight-forward formula, but litigation can still arise from any of its variables. The royalty payment equals the royalty owner’s net interest multiplied by the total value of production from a well minus the royalty owner’s share of post-production expenses.

…read more

Source: Oil Gas Journal

  

Leave a Reply

Your email address will not be published. Required fields are marked *

© Gates Oil & Gas, LTD 2013