Geothermal Payor Handbook — Class 1 Leases
This interactive handbook breaks down the complete handbook PDF so specific topics are easier to find. The table of contents links to each section; the chapters and supplemental information sections hold PDFs of individual chapters and appendices.
Table of contents
Each entry opens the complete handbook PDF at that page.
By chapter, section number, or title
| Chapter | Section | Title | Page |
|---|---|---|---|
| Chapters | |||
| Chapter 1 | Chapter 1: About This Handbook | 7 | |
| 1.1 | Introduction | 7 | |
| 1.2 | Introduction to New Geothermal Rules and Handbook | 7 | |
| Class 1 Leases | 8 | ||
| Class 2 Leases | 9 | ||
| Class 3 Leases | 9 | ||
| 1.3 | Using the Geothermal Payor Handbook, Class 1 Leases | 10 | |
| 1.4 | Nomenclature and Terminology | 11 | |
| 1.5 | Supplementary Payor Handbooks | 11 | |
| 1.6 | Handbook Distribution | 12 | |
| Chapter 2 | Chapter 2: Valuation Overview | 13 | |
| 2.1 | New Royalty Provisions Under the 2007 Regulations | 13 | |
| 2.2 | Applicability of Valuation Standards | 14 | |
| 2.3 | Geothermal Production Requiring Royalty Valuation | 15 | |
| 2.4 | Timing of Valuation and Royalty Payments | 16 | |
| 2.5 | Minimum Royalty | 16 | |
| 2.6 | Reporting Codes | 16 | |
| 2.6.1 | Product Codes | 16 | |
| 2.6.2 | Sales Type Codes | 17 | |
| 2.6.3 | Transaction Codes | 17 | |
| 2.7 | Units of Measurement | 18 | |
| 2.7.1 | Units of Measurement for Electrical Generation | 18 | |
| 2.7.2 | Units of Measurement for Direct Use | 19 | |
| 2.7.3 | Units of Measurement for Byproducts | 19 |
