RESERVES GROWTH THROUGH  ADVANCED TECHNOLOGIES
	1995 ANNUAL REPORT
Notes to Consolidated Financial Statements Swift Energy Company and Subsidiaries

8. Related-Party Transactions

 

The Company is the operator of a substantial number of properties owned by its affiliated limited partnerships and joint ventures and accordingly charges these entities and third party joint interest owners operating fees. The Company is also reimbursed for direct, administrative, and overhead costs incurred in conducting the business of the limited partnerships, which totaled approximately $4,800,000, $4,400,000, and $4,200,000, in 1995, 1994, and 1993, respectively. The Company was also reimbursed by the limited partnerships and joint ventures for costs incurred in the screening, evaluation, and acquisition of producing oil and gas properties on their behalf. Such costs totaled approximately $600,000, $1,400,000, and $2,500,000 in 1995, 1994, and 1993, respectively.

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