RE:GAS PRODUCTION COMMENCES AT PRL 26 (UDACHA) Yep. Its a cash income free of operation costs. However, its not going to be much. According to this:
https://www.eia.gov/dnav/ng/hist/n3035us3m.htm
Revenue from a million cubic feet per day in April 2016 would have been $2.91 per 1000 cf .. x 1000 = $2,910 a day x 90 days = 261900 x 2.5 % = $ 6547.50 royalty payment per qtr ..
Please correct my math if it is wrong ?
LOL ...