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Is basic sediment and water included in gross barrels on the oil return?

April 26, 2017barrels BASIC gross included Oil Return sediment water

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Is basic sediment and water included in gross barrels on the oil return?

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A22: Total volume of oil transferred in a sale removed from the lease may be reduced to account for basic sediment and water on the return. The contract price received by the producer will have taken the basic sediment and water into consideration.