There has been a sustantial difference in gas prices with what Stat oil is paying than the others(Cpk, Mitsui and Anadarko). Stat last paystub was $1.00 less than the others and this recently rec'd…Continue
"Royalty", "Royalty Interest", "Lessor's Royalty"or "Royalty Share," wherever used herein, shall mean twenty percent (20%) of one hundred percent (100%) of the Sales Price of all Oil and Gas produced, saved or sold from a Well on the Leased Premises or a Unit in which a portion of the Leased Premises is located. The Sales Price for the Oil and Gas shall be determined at the Wellhead, adjusted for BTU content, without deductions for, gathering, separation, transportation, marketing, compression, dehydration, line loss, Production Taxes of whatever type and kind, compression fuel, pumping costs or other costs of the Lessee, of whatever type or kind, associated with the production of the Oil and Gas. The volume and/or heating value of the Oil and Gas produced from a Well or the Leased Premises or a Unit in which a portion of the Leased Premises is located shall be measured before the Oil and Gas leaves the Leased Premises and/or Unit.
THIS IS CLAUSE IS IN THE DEFINITION SECTION OF TFVL - IT IS QUITE CLEAR AND DEFINITIVE - CONTACT - SEND EMAIL INCLUDING THIS CLAUSE - email@example.com.
What makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen.[ Read More ]