Let’s assume you own 185 acres in Washington County. In 2020, you negotiate a new oil and gas lease with ABC Drilling. During the negotiations, you insist on a “gross royalty” which.
Wavering confidence in E&P sector has cascaded across oil and gas value chain, affecting midstream also. As a result, midstream businesses are also facing pressure from their financial backers and investors to minimize additional capital expenditures and maximize cash flow.