WebIf the lease is producing, the bond should cover at a minimum one year installment of the bonus bid where the lessee does not have a history of timely payments and bonus … WebThe trust's unit holders have the right to a royalty on 16.4246% of the first 90,000 barrels of BP's average daily net production of oil and condensate out of the acreage owned by the trust. The royalties are paid by BP on a quarterly basis. Like MLPs, royalty trusts pay out the vast majority of their cash flow to investors.
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