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CITY OF EL PASO BID TABULATION FORM PROJECT NAME: Motor Oil, Antifreeze, Lubricants, Transmission and Hydraulic Oils & Fluids BID NO: 20210179BID OPENING DATE: January 6, 2021DEPARTMENT: Streets &
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Who needs online stripper well royalty?
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Owners or operators of stripper wells who receive royalty payments.
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What is online stripper well royalty?
Online stripper well royalty is the payment made to the mineral rights owner for the extraction of oil or gas from a low-producing well.
Who is required to file online stripper well royalty?
Operators of oil and gas wells are required to file online stripper well royalty.
How to fill out online stripper well royalty?
Online stripper well royalty can be filled out electronically through the designated online platform provided by the regulatory agency.
What is the purpose of online stripper well royalty?
The purpose of online stripper well royalty is to ensure that mineral rights owners are compensated for the extraction of oil or gas from low-producing wells.
What information must be reported on online stripper well royalty?
Operators must report production data, well information, and royalty payments on online stripper well royalty forms.
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