OIL AND GAS ROYALTY REPORT TO THE STATE OF MONTANA - dnrc mt 2025

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by entering your Company Lease Number and Montana State Lease Number at the top of the form. This information is crucial for identifying your report.
  3. Fill in the Field name and specify the month for which you are reporting. Ensure accuracy as this will affect your royalty calculations.
  4. In the section describing the tract under lease, provide detailed information including Township, Range, Section, and County. This helps clarify the land involved.
  5. List all wells or unit tracts along with their total production figures in BBL, MCF, or Gal. This data is essential for calculating royalties owed to the state.
  6. Complete the Royalty Schedule based on your production levels. Make sure to apply the correct percentage rates as outlined in the form.
  7. Finally, review all entries for accuracy before signing off on the report. Once completed, submit it directly through our platform for a seamless process.

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There are at least 45 named oil fields in Montana ing to the U.S. Geological Survey, Board of Geographic Names. The USGS defines oil field as: Area where petroleum is or was removed from the Earth. An oil field is a region with an abundance of oil wells extracting petroleum (crude oil) from below ground.
Dividends: Earnings from Energy Companies Another avenue for passive income is investing in oil and gas companies that pay dividends to shareholders. Many large energy companies distribute a portion of their profits through regular dividend payments, offering investors a reliable source of income.
The royalty rate is negotiated between the owner of the mineral rights and the company extracting the oil and gas, and can range from 12.5% to 25% of the production value. Royalties are an important source of income for landowners who have mineral rights.
If you sign a mineral rights lease, then you are on your way to earning oil and gas royalties. As a mineral rights owner, you can receive royalty compensation. This is from the sale of crude oil, natural gas, and other valuable resources found on your property.
Royalty statements vary from operator to operator, but all statements contain the same basic accounting information related to how much the oil or gas well produced, the commodity price, your interest, and your share of the revenue.
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1218.50 Timing of payment. (a) Royalty payments are due at the end of the month following the month during which the oil and gas is produced and sold except when the last day of the month falls on a weekend or holiday. In such cases, payments are due on the first business day of the succeeding month.

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