Regs extend royalty relief to AlaskaEnergy Policy Act final rule by Minerals Management Service for ultra-deep, deep Gulf of Mexico gas wells includes offshore Alaska Kristen Nelson Petroleum News
A final rule amending royalty relief for ultra-deep and deep gas wells in the Gulf of Mexico also extends natural gas royalty relief provisions to leases offshore Alaska.
The provision for Alaska in the final rule “applies discretionary royalty relief procedures that have been used by deepwater lea....
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Price threshold flexibility No relief in older leases
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