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Proportionate
Production Interest (PPI) |
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TUR - Total Unit
Royalty |
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Collins #3 |
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0.8064061 |
PPI factor |
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(1- .1935939) |
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royalty in well:
.1935939 |
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Working
Interest Owners |
Gross Working
Interest |
Lease Royalty Total |
Net WI after Royalty |
PPI factor |
PPI (Net/PPI factor) |
PPI share of royalty |
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Stacy Robinson |
|
0.7649194
|
0.1466664
|
0.6182530
|
0.8064061
|
0.7666770
|
0.1484240
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Shiloh Energy |
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0.2016606
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0.0402523
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0.1614083
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0.8064061
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0.2001576
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0.0387493
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Lucky Drilling |
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|
0.0334200
|
0.0066752
|
0.0267448
|
0.8064061
|
0.0331654
|
0.0064206
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1.0000000
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0.1935939
|
0.8064061
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1.0000000
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0.1935939
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Gross Working
Interest: Partners acres divided by the total unit acreage |
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Lease Royalty:
Partners royalty burdening lease acreage |
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Net WI after
royalty: Partners GWI minus lease royalty total |
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PPI share of
royalty: PPI times total unit royalty = share of royalty |
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