Geothermal Payor Handbook — Class 2 & 3 Leases

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Handbook table of contents
Chapter	Section	Title	Page
		Chapters
Chapter 1		Chapter 1: About This Handbook	4
	1.1	Introduction	4
	1.2	Introduction to New Geothermal Rules and Handbook	4
		Class 1 Leases	5
		Class 2 Leases	6
		Class 3 Leases	6
	1.3	Using the Geothermal Payor Handbook, Class 2 and 3 Leases	7
	1.4	Nomenclature and Terminology	8
	1.5	Supplementary Payor Handbooks	8
	1.6	Handbook Distribution	8
Chapter 2		Chapter 2: Valuation Overview	9
	2.1	New Royalty Provisions Under the 2007 Regulations	9
	2.2	Applicability of Valuation Standards	10
	2.3	Geothermal Production Requiring Royalty Valuation	10
	2.4	Timing of Valuation and Royalty Payments	11
	2.5	Reporting Codes	12
	2.5.1	Product Codes	12
	2.5.2	Sales Type Codes	13
	2.5.3	Transaction Codes	13
	2.6	Units of Measurement	14
	2.6.1	Units of Measurement for Electrical Generation	14
	2.6.2	Units of Measurement for Direct Use Fee Schedule	14
	2.6.3	Units of Measurement for Byproducts and Product Codes	15
	2.6.4	Units of Measurement for Commercially De-mineralized Water	15

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Geothermal Payor Handbook — Class 2 & 3 Leases

Table of contents