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1. Enter Par Price Required $
2. Enter Well Quantity Required (no commas) m3
3. Crown % Required %
4. Enter Well ID (Optional - for printing purposes)
5. Enter Well Event Density (Optional - for printing purposes)

Part 1 - Royalty Price Component (rp)
a. Par Price ≤ $250 $
((Par Price - $190.00) * 0.0006) * 100 rp = %
b. Par Price > $250 but ≤ $400 $
(((Par Price - $250.00) * 0.0010) + 0.0360) * 100 rp = %
c. Par Price > $400 but ≤ $535 $
(((Par Price - $400.00) * 0.0005) + 0.1860) * 100 rp = %
d. Par Price > $535 $
(((Par Price - $535.00) * 0.0003) + 0.2535) * 100 rp = %
Part 2 - Royalty Quantity Component (rq)
a. Quantity ≤106.4 m3 m3
((Quantity - 106.4 m3 ) * 0.0026) * 100 rq = %
b. Quantity > 106.4 m3 but ≤ 197.6 m3 m3
((Quantity - 106.4 m3 ) * 0.0010) * 100 rq = %
c. Quantity > 197.6 m3 but ≤ 304.0 m3 m3
(((Quantity - 197.6 m3 ) * 0.0007) + 0.0912) * 100 rq = %
d. Quantity > 304.0 m3 m3
(((Quantity - 304.0 m3 ) * 0.0003) + 0.1657) * 100 rq = %
Part 3 - Royalty Rate ( rp + rq)
Price Component (rp) Max 35% %
+ Quantity Component (rq) Max 30% %
= Royalty Rate Min 0% & Max 40% %
Part 4 - Royalty Payable
Quantity m3
x Royalty Rate %
= Subtotal m3
x Crown %
= Royalty Payable m3
Rounded to one decimal m3