While other revenues are not considered a platform for growth, it does constitute some of the other ways in which Natural Resource Partners generates revenues for its unitholders. Some of the ways in which we generate additional revenues are described below.
Oil & Gas
In some instances in addition to the coal reserves, NRP also owns the oil and gas rights. Over the last few years additional drilling has occurred on our properties and with the fluctuations in commodity prices we will have variations in oil and gas revenues.
Wheelage is the term used to describe a fee that we charge other coal companies for transporting their coal across our property in route to their end-user or market. These are based on a fixed fee per ton for all tonnage transported over our property.
NRP has a small amount of timber acreage associated with our coal reserves. From time-to-time we will receive revenues from the harvesting of a portion of the timber. We have foresters on staff that monitor our timber lands and assure the proper cutting and maintenance of those forests to assure their preservation.