Inventions Articles Social Engineering Challenges Business English Simulations
Menu

Stripper Well Royalty

East Texas, Mamontovskoye, and Pembina will reduce their royalty rates by 50% when the well's production drops to less than 50 m3/OF day. This will entice financiers to keep these wells running for a longer duration. This longer duration translates into more royalties and taxes for these provinces.

Image coming soon.

 
© 2014 Dave Volek. All Rights Reserved.