Press Tab to move through the entry fields. Clear this form for a new well entry.

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   $
  (((Par Price - $400.00) * 0.0005) + 0.1860) * 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 50%   %
Part 4 - Royalty Payable
  Quantity   m3
Royalty Rate   %
 Subtotal   m3
Crown   %
=    Royalty Payable   m3
  Rounded to one decimal   m3