# Banpu is going to be the user of the natural gas they produce - is this good or bad for royalty owners?

**URL:** https://www.mineralrightsforum.com/t/banpu-is-going-to-be-the-user-of-the-natural-gas-they-produce-is-this-good-or-bad-for-royalty-owners/63007
**Category:** General Mineral Rights Discussion
**Created:** [August 31, 2021, 1:36am UTC](https://www.mineralrightsforum.com/t/banpu-is-going-to-be-the-user-of-the-natural-gas-they-produce-is-this-good-or-bad-for-royalty-owners/63007 "2021-08-31T01:36:25Z")
**Posts on this page:** 2
**Page:** 1

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### Author: ![G\_Hundt](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/g/da6949/32.png) [@G\_Hundt](https://www.mineralrightsforum.com/u/G_Hundt)
#### Post date: [August 31, 2021, 1:36am UTC](https://www.mineralrightsforum.com/t/banpu-is-going-to-be-the-user-of-the-natural-gas-they-produce-is-this-good-or-bad-for-royalty-owners/63007/1 "2021-08-31T01:36:25Z")

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BKV Barnett recently bought most of Devon’s Barnett Shale wells. Now Banpu Power US is buying a power plant near Temple and is going to use some of the natural gas produced from the BLV wells to power the plant.

I am guessing this will not be a great deal for the royalty owners as both BKV and Banpu Power are apparently owned by the same Thailand based company (Banpu). They could sell the gas at a lower price to their related company, right? Any thoughts? I am sure similar situations have frequently happened elsewhere.

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### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [November 29, 2021, 1:37am UTC](https://www.mineralrightsforum.com/t/banpu-is-going-to-be-the-user-of-the-natural-gas-they-produce-is-this-good-or-bad-for-royalty-owners/63007/2 "2021-11-29T01:37:11Z")

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