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Will the depth factor adjustment and the acid gas adjustment factor apply to wells that have opted for the 5 year transition option?

April 26, 2017acid adjustment depth Factor Gas opted Wells year

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Will the depth factor adjustment and the acid gas adjustment factor apply to wells that have opted for the 5 year transition option?

1 Answer

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No, the depth factor adjustment and acid gas adjustment are specific to the new royalty formulas and do not apply to the 5 year transition option.