Proceedings |
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Results 1-3 of 29
Page 39
... tracts of land.19 Reduced to simple terms , the latter examination is a number of individual tract examinations with the additional problem of determining production ownership or participation between tracts . A number of tracts have ...
... tracts of land.19 Reduced to simple terms , the latter examination is a number of individual tract examinations with the additional problem of determining production ownership or participation between tracts . A number of tracts have ...
Page 40
... tract in which they own an interest . Thus , the owner of an unsigned interest in a tract on which a pro- ducing well is located is entitled to his share of the pro- duction from the well , and not simply a share of the production which ...
... tract in which they own an interest . Thus , the owner of an unsigned interest in a tract on which a pro- ducing well is located is entitled to his share of the pro- duction from the well , and not simply a share of the production which ...
Page 41
... tract in the unit is accounted for to the owners of interests in the tract whose interests are bound by the unit , just as if the production were obtained from that tract . Thus , each unit involves as many individual tract ownership ...
... tract in the unit is accounted for to the owners of interests in the tract whose interests are bound by the unit , just as if the production were obtained from that tract . Thus , each unit involves as many individual tract ownership ...
Contents
The Thirtieth Year of the Natural Gas Act and Its | 1 |
Title Examination and Division Orders | 29 |
Royalty Problems Incident to the Processing of Natural | 89 |
Copyright | |
13 other sections not shown
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Common terms and phrases
5th Cir agreement allocated amount applied assignment Bankline basis carried interest Comm'r Commission consolidated return contract Corp corporation decision deduction depreciation division order drilling economic interest effect error ref'd excess loss account exemption fact filed Hugoton industry interest owner investment involved land Legal Fdn lessee lessor Magnolia Petroleum Co market value ment mineral Natural Gas net profits interest Oil & Gas oil and gas operator opinion ordinary income overriding royalty ownership partnership party percent Petroleum Phillips Petroleum Co pipeline problem production payment profits interest holder provisions purchase question received recovery Regulations remainderman reserves result Revenue Ruling royalty interest rules Section securities service partner Simplot slant drilling Southwest Exploration Stanolind Subject Properties supra Supreme Court Tax Court taxable taxpayer Texas Texas Co tion tract transaction transfer trust instrument United wellhead