§ 1202.553. How do I value my production if I take more than my entitled share?
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/us/cfr/t30/s§ 1202.553·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If you take more than your entitled share of production from a lease in an AFA for any month, you must determine the weighted-average value of all of the production that you take using the procedures in 30 CFR part 1206, and use that value for your entitled share of production.
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- 30 CFR 1206
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§ 1202.553
How do I value my production if I take more than my entitled share?
Cite30 CFR 1206
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