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Permian Basin Royalty Trust2018 ANNUAL REPORT & FORM 10KTHE Trustee Permian Basin Royalty Trusts (the Trust) principal assets are comprised of a 75% net overriding royalty interest carved out by Southland
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How to fill out he permian basin royalty

01
Gather all necessary documents such as lease agreement, ownership records, and payment information.
02
Review the royalty owner's rights and responsibilities outlined in the lease agreement.
03
Verify the accuracy of the monthly royalty statements provided by the operator.
04
Calculate the royalty payment based on the production data provided in the statement.
05
Prepare a check or electronic payment for the calculated royalty amount.
06
Attach any required documentation or forms specified by the operator.
07
Include a cover letter or memo with the payment, referencing the lease and well name or identification number.
08
Mail or submit the payment and accompanying documents to the designated address or online platform provided by the operator.
09
Keep a record of the payment and supporting documents for future reference and reconciliation.

Who needs he permian basin royalty?

01
Individuals who own mineral rights or royalties in the Permian Basin region.
02
Landowners who leased their properties for oil and gas exploration and production.
03
Investors or companies that have acquired royalty interests in the Permian Basin.
04
Legal entities or trust funds that hold mineral rights or royalties in the area.
05
Professionals in the oil and gas industry involved in managing and disbursing royalty payments.
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The Permian Basin royalty is the payment made to owners of mineral rights for the extraction of oil and gas from the Permian Basin.
Operators of oil and gas wells in the Permian Basin are required to file the royalty payments to the owners of mineral rights.
Operators can fill out the Permian Basin royalty by calculating the amount of oil and gas extracted, determining the royalty rate, and making the payment to the mineral rights owners.
The purpose of the Permian Basin royalty is to compensate owners of mineral rights for the extraction of oil and gas from their property.
Operators must report the amount of oil and gas extracted, the royalty rate, and the payments made to the mineral rights owners.
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