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Why is the oil price on your Royalty checkstub less than published rates?
Like most commodities, crude oil is produced in widely differing “qualities.” For example, much of the crude oil produced in the field contains sulfur – sometimes in very high quantities. To refine this high-sulfur crude oil obviously costs more than for what is termed “sweet crude oil” and this incremental refining cost is deducted from… Read More
October 20, 2013 • midstream/transportation, Oil and Gas, oil and gas royalties, Pricing, Uncategorized
Got Royalties? Here’s Your Market Snapshot
The final Crude Oil and Natural Gas Prices are in for April 2009 and continue to look pretty scary! The effects of the world wide recession (some still use the “D” word) on energy consumption coupled with excess supplies, especially of natural gas here in the United States, continue to drive down current and futures… Read More
