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

Current through Register Vol. XLI, No. 50, December 13, 2024

Table 110-1C - Working Interest

1. (Working Interest (Value of Oil Average Daily X (Multiplier) = Producing Property) Productin)

Royalty Interest

1. (Royalty Interest (Value of Oil Average Daily X (Multiplier) = Production) Production)

PLUS

2. (Excess Acreage Above 40 Acres X (Rate Per Acre) = (Value of Excess Oil Acreage) Per Well)

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