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Landowners who host wind turbines are often paid wind royalties, and those nearby may be paid nuisance payments to compensate for noise and flicker effects. Wind royalties are usually paid quarterly, semi-annually, or annually, and the royalty can be a flat rate or variable payment based on production or a combination of both.
The Porgera Landowners Association was formed in the late 1980s and incorporated in 1992. Its objectives are to represent the 10,000 landowners with traditional land around the Porgera Gold Mine and serve as a pressure group on behalf of the landowners, and to pursue landowner claims in the courts in Port Moresby .
The original owner of an oil and gas lease will sometimes retain an overriding royalty as part of a farmout agreement. For any oil and gas property, the total working interests must add up to 100%. The sum of the net revenue interests, royalty interests, and overriding royalty interests, must also add up to 100%.
The Ohio Department of Natural Resources will receive $59.7 million in bonuses under the fracking leases and each lease includes a 12.5% royalty paid to the state for production.
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Since Brexit, agricultural subsidies which mainly paid landowners for the amount of land farmed are being changed to environmental land management scheme (Elms) payments for “public goods ...
The royalty paid is a function of the net value of the proceeds from the sale of the oil, gas, or other substance, multiplied by the owner's revenue interest decimal, less any amounts deducted for taxes or other deductions. [17] The revenue decimal used to calculate the amount of an owner's royalty check is calculated with the following ...
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