What is a GPI Factor and how are they assessed to an owner’s minerals? Ovintiv sent me a DO to sign and I requested they provide the “math” used to calculate the Decimal Interest. The last variable was a GPI factor, that basically cut the RI in half. The mineral/well in question is 14-17W-10 Blaine County OK,
GPI Factors - Iguana (API 35-011-24422) 1710-2H-11X: Section 11-17W-10N .497398, Section 14-17W-10N .502602. Evidently it’s a fairly new well, I can’t locate it on the OCC Well data website.