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Different Ways Industry Pays for Drilling Rights. Rental - Annual fee for land use while exploring Bonus - One-time lump sum paid upfront for right to explore Royalty - Percentage payments of oil and gas value produced Tax - Governmental ‘fee’ on product value produced. - PowerPoint PPT Presentation
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Different WaysDifferent WaysIndustry Pays for Drilling RightsIndustry Pays for Drilling Rights
• RentalRental - Annual fee for land use while exploring - Annual fee for land use while exploring
• Bonus Bonus - One-time lump sum paid upfront for - One-time lump sum paid upfront for right to exploreright to explore
• Royalty Royalty - Percentage payments of oil and gas - Percentage payments of oil and gas value producedvalue produced
• Tax Tax - Governmental ‘fee’ on product value - Governmental ‘fee’ on product value producedproduced
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