Dual Accounting

Dual Accounting (or accounting for comparison) refers to the requirement to pay royalty based on a value which is the higher of the value of gas prior to processing less any applicable allowances as compared to the combined value of drip condensate, residue gas, and gas plant products after processing, less applicable allowances.

Source

30 CFR § 1206.171


Scoping language

The following definitions apply to this subpart and to subpart J of part 1202 of this title:

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