060-25 Wyo. Code R. §§ 25-7 - Royalties
(a) Royalties for sand and gravel, borrow
material, and rip-rap rock shall be based on the terms of the particular lease
agreement, subject to all state royalty statutes and rules, and shall be based
on the total consideration received for state production. The following royalty
rates shall apply, unless a different rate is specifically authorized by the
Board:
(i) Sand and gravel $0.60/ton or
$0.90/yd3
(ii) Borrow
material/common fill dirt $0.25/yd3
(iii) Rip-rap rock $1.50/ton
(b) After a sand and gravel,
borrow material, and rip-rap rock lease becomes an operating lease, the Board
may reduce the royalty payable to the state, as to all or any of the lands or
formations covered by the lease, if it determines that such a reduction is
necessary to allow the lessee to undertake additional operations or to continue
to operate with a reasonable expectation that the operations will be
profitable. Such a reduction in the royalty payable to the state shall in all
cases be conditioned upon the cancellation of all cost-free interests. The
Board may also impose other conditions to the reduction in royalty.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.