The Feasibility of Establishing Equitable Combined Fixed Rates Pertaining to the Operation of Oil and Gas Property

Author

Darrell Dean Luthi, Fort Hays Kansas State College

Department

Economics, Finance, & Accounting

Degree Name

Master of Science (MS)

Abstract

The purpose of this study is to investigate the feasibility of establishing equitable combined fixed rates pertaining to the operation of oil and gas properties so that this phase of billing for oil and gas production charges can be more readily adapted to electronic data processing equipment. The standard rates would be applicable throughout the industry. In a personal interview it was stated that currently, the indirect charges applicable to a producing property are determined on the basis of “mutual agreement" between operators and non- operators, and each individual well is arbitrated separately. This approach results in much wasted time, money, and effort, and the agreed upon figures are rarely mutually agreeable, but represent a compromise at best.

Keywords

Petroleum, Gas, Accounting, Credit, Business & finance, Fixed price contracts--United States.

Advisor

Dr. Milburn J. Little

Date of Award

Spring 1966

Document Type

Thesis - campus only access

DOI

10.58809/AFXJ5023

Recommended Citation

Luthi, Darrell Dean, "The Feasibility of Establishing Equitable Combined Fixed Rates Pertaining to the Operation of Oil and Gas Property" (1966). Master's Theses. 999.
DOI: 10.58809/AFXJ5023
Available at: https://scholars.fhsu.edu/theses/999

Rights

© The Author(s)

Comments

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