1. LawStack
  2. Title 30 - Mineral Resources
  3. Chapter XII - OFFICE OF NATURAL RESOURCES REVENUE, DEPARTMENT OF THE INTERIOR
  4. Subchapter A - NATURAL RESOURCES REVENUE
  5. Part 1202 - ROYALTIES
  6. Subpart J - Gas Production From Indian Leases
  7. 30 CFR § 1202.553
30 CFR § 1202.553
How do I value my production if I take more than my entitled share?
July 29, 2020
CFR

If you take more than your entitled share of production from a lease in an AFA for any month, you must determine the weighted-average value of all of the production that you take using the procedures in 30 CFR part 1206, and use that value for your entitled share of production.

Previous
§ 1202.552 How do I determine how much royalty I must pay if my lease is in an approved Federal unit or communitization agreement (AFA)?
Next
§ 1202.554 How do I value my production that I do not take if I take less than my entitled share?

Tried the LawStack mobile app?

Join thousands and try LawStack mobile for FREE today.

  • Carry the law offline, wherever you go.
  • Download CFR, USC, rules, and state law to your mobile device.

Designed and built by Tekk Innovations LLC, the makers of the LawStack iPhone app or Android app.

© 2020 Tekk Innovations LLC