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Starting January 1, 2014, do wells/events that elected the transition well royalty formulas qualify for acid gas factor adjustments at that time?

April 26, 2017acid elected events formulas january 1 2014 qualify Royalty Wells

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Starting January 1, 2014, do wells/events that elected the transition well royalty formulas qualify for acid gas factor adjustments at that time?

1 Answer

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Yes the acid gas factor is an integral part of the Royalty Framework formulas.