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OIL & GAS (ENERGY) ACCOUNTING COURSE 2. A lease bonus is when _________. A. the property produces more oil than was expected so the oil
OIL & GAS (ENERGY) ACCOUNTING COURSE
2. A lease bonus is when _________.
A. the property produces more oil than was expected so the oil company pays the landowner extra money.
B. the oil company pays an upfront amount for the right to drill for oil or gas.
C. the fee the landman gets for getting the rights owner to sign a lease.
D. when the company finds both oil and gas on a lease.
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