Three Questions:
1) What does the Production and Disposition (in the table below) of the oil mean? What is the difference?
After posting my question I found this on the TRRC 'HELP': What are disposition details?Disposition details provide the breakdown of the various ways oil or gas leases dispose of their products. These are provided only when doing a Specific Lease Query. As you move over the code columns, a definition of the code appears. You can also read the code definitions by clicking the Disposition Codes link on the Disposition Details screen.
So, I think that answes this question but any more insight will be appreciated.
|
|
|
|
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2) Why does no gas production show up on the royalty check statement? After posting this question I read the 'disposition details' for the casinghead gas code descriptions (below) this question is almost answered. 3) Is the gas not sold for the 'code 2' purpose? I never heard of a transmission line carrying free gas.
Casinghead Gas
|