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Cost-Free Royalties: Where Valuation Begins and Post-Production Cost Deductions End

Cost-Free Royalties: Where Valuation Begins and Post-Production Cost Deductions End, by Celia C. Flowers and Melanie S. Reyes, December 2016. This paper discusses how the complexity of case law surrounding cost-free or burdened royalty in Texas Oil Gas & Mineral Leases affects both royalty owners and oil and gas companies.

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