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The term “pooling” is not defined by Wyoming Statute or WOGCC Rules. • Pooling may be done voluntarily between parties, or involuntarily by an operator if they ... Royalty terms in the lease such as "market value at the well" or "amount realized" establish how the royalty payor must measure and calculate royalty, and what ...Each form is designed using a MS Word "Fill in the Blank" format. This allows you to quickly make changes, additions and deletions to prepare your documents. If the lessor elects to take its royalty in kind, the royalty shall be five ... The State of Wyoming and the lessor do not waive sovereign immunity by ... A deduction from royalty value for the lessee's actual, reasonable costs of ... Use the following sales type codes to report royalties on geothermal production. Another situation where a mineral owner may not have complete authority to deny an oil and gas lease opportunity is when there are undivided mineral cotenants ... PART 227—LEASING OF CERTAIN LANDS IN WIND RIVER INDIAN RESERVATION, WYOMING, FOR OIL AND GAS MINING · Authority: · Source: · § 227.1 Definitions. Solid mineral production and royalty reporting on minerals from state land is guided by W.S. 36-6-101 as well as Chapters 19-25 of the Rules and Regulations of ... Lessor may exercise its option to take oil or gas royalty in kind, or if royalty is taken in kind, Lessor may elect to take cash royalties, at any time or from ... Thus, while a lessor does not generally have a duty to notify the lessee of insufficient payment, ... A lessor's remedy against a lessee is to sue for the royalty ...