Meaning Capture-and-Hold Rule
What does Capture-and-Hold Rule mean? Here you find 2 meanings of the word Capture-and-Hold Rule. You can also add a definition of Capture-and-Hold Rule yourself
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Capture-and-Hold RuleThe conventional analysis that "production" occurs for royalty-calculation purposes when oil or gas is captured and held-at the wellhead or on the lease. By this view, the costs of transporting, compressing and processing, as well as severance and gross-production taxes, are charged proportionately against the royalty interest where royal [..]
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Capture-and-Hold Rule The conventional analysis that production occurs for royalty-calculation purposes when oil or gas is captured and held at the wellhead or on the lease. The cost of transporting, compressing, and p [..]
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