|
As the source
of tax and fee revenues are
identified, it becomes important to recognize the mineral ownership of the
natural gas before it is extracted from the coal bed. Ownership of the mineral establishes the
Federal , State and private royalty fees. Federal and State royalty
fees become a part of the total tax revenue stream. Private or fee mineral ownership royalties
are not quantified within this report.
Private royalties are proprietary. The royalty percentages in this slide are for production in 2007. In other words,
77% of the coal bed natural gas produced in Johnson County was extracted from
Federally owned gas, 6% from State owned and 17% from privately owned minerals. Royalty fee amounts will be identified
later within the royalty portion of this presentation.
|
