When the first purchaser pays 100% of the revenue to an interest owner who drilled a well on their land and are the producer and royalty owner, how should the assessment be made?
Related Questions
- Will the first purchaser or producer be required to submit detail records either by lease or by working interest owner, of the amount collected and submitted to the Kansas Oil and Gas Resources Fund?
- When the First Purchaser pays 100% of the revenue to an interest owner who drilled a well on their land and are the operator and royalty owner, how should the assessment be made?
- Who pays the closing costs on excess land sale transactions?