NTL 2004-G11 - Clarification of Deep Gas Royalty Relief Regulation Regarding Natural Gas Liquids and Pipeline (Retrograde) Condensate - May 3, 2004

The final rule (30 CFR 203.0 and 30 CFR 203.40-47) suspends royalty on deep gas production volumes, including gas associated with oil production, reported on the Oil and Gas Operations Report, Part A (OGOR-A). Section 203.42(f) of the rule indicates that the suspension does not apply to oil and condensate volumes.