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Why is the oil price on your Royalty checkstub less than published rates?
Like most commodities, crude oil is produced in widely differing “qualities.” For example, much of the crude oil produced in the field contains sulfur – sometimes in very high quantities. To refine this high-sulfur crude oil obviously costs more than for what is termed “sweet crude oil” and this incremental refining cost is deducted from… Read More
Oil & Gas in Pennsylvania – Finally!!
Although the modern day oil and gas industry began over 100 years ago in Pennsylvania, mineral and royalty interest owners in the Keystone State have forlornly watched all these years as their fellow mineral interest owners in nearly twenty other states received the royalty payments year in and year out from the various oil companies.… Read More
Mineral Ownership on the Moon?
As if mineral and royalty interest owners didn’t already have enough to worry about with declining oil and gas prices, high ad valorem taxes, delays in royalty payments and bankrupt oil and gas Operators, now comes the Romanian scientist Virgiliu Pop, with his latest scholarly work on who owns the land and minerals on, in… Read More
Got Royalties? Here’s Your Market Snapshot
The final Crude Oil and Natural Gas Prices are in for April 2009 and continue to look pretty scary! The effects of the world wide recession (some still use the “D” word) on energy consumption coupled with excess supplies, especially of natural gas here in the United States, continue to drive down current and futures… Read More
