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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
October 20, 2013 • midstream/transportation, Oil and Gas, oil and gas royalties, Pricing, Uncategorized
Passing The Legacy Along – Interests in Oil, Gas, & Royalties
For many people who have inherited producing oil and gas interests and royalties, there is a great sense of continuity and pride of ownership. They are perhaps the third generation to maintain and manage family oil, gas and mineral interests first acquired by a Grandfather or relative, who accumulated various royalty and overriding royalty interests… Read More
March 4, 2013 • Oil and Gas, oil and gas royalties
