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Master's Professional Reports Abstract



Oil Valuation: Fence Post to Trading Post

This report examines issues encountered when determining the value of oil. Discussions about valuing oil have become more complex since the early oil-patch days. There are many stakeholders who are impacted by the price of oil, among them the state of Texas. Oil Valuation: Fence Post to Trading Post captures many of the activities that result from leasing state lands to oil companies, especially the controversial issues surrounding royalty payments.

--Author's foreword.