(a) With each royalty payment, the following information shall be provided:
- (1) lease or well identification;
- (2) month and year of sales included in the payment;
- (3) total barrels or MCF attributed to such payment;
- (4) price per barrel or MCF, including British Thermal Unit adjustment of gas sold;
- (5) gross production and severance taxes attributable to said interest;
- (6) net value of total sales attributed to such payment after deduction of gross production and severance taxes;
- (7) owner's interest in the well expressed as a decimal;
- (8) owner's share of the total value of sales attributed to such payment before any deductions;
- (9) owner's share of the sales value attributed to such payment less owner's share of the production and severance taxes.
- (b) Upon payee's request, the payor shall provide a list of any other deduction from such payment.
- (c) All revenue decimals shall be calculated to at least six decimal places.
- (d) Gas volumes shall be measured according to 52 O.S. Section 474.
Added at 10 Ok Reg 2601, eff 6-25-93