W. Va. Code R. agency 110, tit. 110, ser. 110-01, tbl. 110-1F

Current through Register Vol. XLI, No. 50, December 13, 2024
Table 110-1F - Working Interest

1. (Gross Receipts (Working Interest Less Royalties) X (Multiplier) = Value of Natural Gas Production)

Royalty Interest

1. (Royalties) X (Multiplier) = (Royalty Interest Value of Natural Gas Production)

PLUS

2. (Excess Acreage Above X (Rate Per Acre) = (Value of Excess 125 Acres Per Well) Gas Acreage)

W. Va. Code R. agency 110, tit. 110, ser. 110-01, tbl. 110-1F